Funding you earn now, next payment 03:00 UTC−0.0428%/8h= −46.9% APRpaid last 24h −0.124%
Price spread now: Coinbase International against BingX−0.392%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.243%−$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Coinbase International is 0.392% cheaper against BingX than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.243% in total (about -12.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BERA-USDT | 0.2295 | 0.0100 | pay 0.0050% / 4h | 43m 52s | — | $6.6M | — |
| Short | Coinbase International BERA-PERP-INTX | 0.2286 | −0.0328 | pay 0.0041% / 1h | 43m 52s | $16K | $53K | 50x |
BingX BERA-USDT
Coinbase International BERA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$89.88
- Price spread: −0.392% → 0.000%
- −$39.22
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$149.1
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 8 min ago; Coinbase International: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 8 min ago | 6.53 bp | 19.4 bp −$19 | 42.7 bp −$427 | 514.0 bp −$51.4K | 834.8 bp −$417.4K |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BERA on 24 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BERA/USDC PERP | −0.5000% | 1h | 0.2158 | −5.969% | $2K | $3K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0489% | 1h | 0.2296 | +0.046% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTXshort | −0.0328% | 1h | 0.2286 | −0.392% | $16K | $53K | 50x | |
| Lighter BERA | +0.0096% | 1h | 0.2298 | +0.131% | $62K | $81K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2296 | +0.022% | $15K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2297 | +0.087% | $5.4M | $14.2M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2296 | +0.044% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2296 | +0.044% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2297 | +0.087% | $346K | $351K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2298 | +0.131% | $1.2M | $398K | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2295 | 0.000% | $553K | $230K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2296 | +0.044% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDTlong | +0.0100% | 4h | 0.2295 | long leg | — | $6.6M | — | |
| Variational Omni BERA | +0.0100% | 4h | 0.2294 | −0.062% | $83K | $49K | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | −0.218% | $34K | $447K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2298 | +0.131% | $9K | $987 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2297 | +0.092% | $375 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0146% | 4h | 0.2292 | −0.131% | $282K | $73K | 75x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2297 | +0.096% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0248% | 1h | 0.2299 | +0.174% | $3K | $3K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0352% | 4h | 0.2294 | −0.044% | $113K | $3.2M | 10x | as long as short |
| Hyperliquid BERA | +0.0362% | 1h | 0.2302 | +0.305% | $2.9M | $924K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0549% | 1h | 0.2299 | +0.170% | $29K | $161K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0621% | 1h | 0.2298 | +0.131% | $2K | $55K | 25x | as long as short |
KuCoin BERAUSDTM
Bitget BERAUSDT
Variational Omni BERA
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
BloFin BERA-USDT
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
GRVT BERA_USDT_Perp
Hyperliquid BERA
Backpack BERA_USDC_PERP
Deribit BERA_USDC-PERPETUAL