Funding you earn now, next payment 23:00 UTC−0.0396%/8h= −43.4% APRpaid last 24h −0.100%
Price spread now: Coinbase International against Bitget−1.483%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.221%−$22 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 −$12 a day on $10k at the current rate, and Coinbase International is 1.483% cheaper against Bitget than usual: you would sell low and buy high (−$148 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.221% in total (about -11.5% 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 | Bitget BERAUSDT | 0.2293 | 0.0100 | pay 0.0050% / 4h | 52m 22s | $1.5M | $1.1M | 50x |
| Short | Coinbase International BERA-PERP-INTX | 0.2259 | −0.0296 | pay 0.0037% / 1h | 52m 22s | $9K | $45K | 50x |
Bitget BERAUSDT
Coinbase International BERA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bitget. 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
- −$83.16
- Price spread: −1.483% → 0.000%
- −$148.28
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$253.44
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 4 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 Bitget live order book, 4 min ago | 4.36 bp | 25.1 bp −$25 | 122.9 bp −$1,229 | doesn't fit | doesn't fit |
| 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 | 0.2157 | −5.931% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0417% | 1h | 0.2293 | −0.003% | $51K | $24K | 20x | as long as short |
| Coinbase International BERA-PERP-INTXshort | −0.0296% | 1h | 0.2259 | −1.483% | $9K | $45K | 50x | |
| BloFin BERA-USDT | +0.0075% | 4h | 0.2300 | +0.305% | $290K | $91K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2294 | +0.035% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2295 | +0.101% | $14K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2295 | +0.075% | $5.6M | $13.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2291 | −0.087% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2290 | −0.131% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2293 | 0.000% | $339K | $388K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2295 | +0.087% | $1.2M | $424K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2293 | 0.000% | $553K | $225K | 50x | as long as short |
| Bitget BERAUSDTlong | +0.0100% | 4h | 0.2293 | long leg | $1.5M | $1.1M | 50x | |
| BingX BERA-USDT | +0.0100% | 4h | 0.2294 | +0.044% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2288 | −0.232% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2298 | +0.218% | $115K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | −0.131% | $37K | $462K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2294 | +0.044% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2294 | +0.039% | $373 | $6K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0186% | 1h | 0.2294 | +0.044% | $4K | $62K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2293 | +0.016% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0248% | 1h | 0.2295 | +0.087% | $4K | $2K | 5x | as long as short |
| Hyperliquid BERA | +0.0371% | 1h | 0.2297 | +0.188% | $2.9M | $950K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.1256% | 1h | 0.2299 | +0.244% | $37K | $149K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
Hyperliquid BERA
Backpack BERA_USDC_PERP