Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.029%
Price spread now: Binance against BloFin+0.078%61s7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$680.676% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)−0.185%−$19 · spread now +0.078%, 7d avg −0.029%
=The price spread pays, funding is against you. Binance is 0.107% dearer against BloFin than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of −0.029%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BERA-USDT | 0.2298 | 0.0122 | pay 0.0061% / 4h | 1h 12m | $215K | $73K | 75x |
| Short | Binance BERAUSDT | 0.2300 | 0.0100 | get 0.0050% / 4h | 1h 12m | $5.4M | $14.1M | 50x |
BloFin BERA-USDT
Binance BERAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$4.63
- Price spread: +0.078% → −0.029%
- $10.65
- Slippage, 4 orders
- −$45.56
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$61.54
- Costs to cover
- 0.676%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 27 min ago; Binance: live order book, 13 min ago.
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 BloFin live order book, 27 min ago | 4.43 bp | 17.9 bp −$18 | 43.7 bp −$437 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.19 bp | 17.6 bp −$18 | 61.0 bp −$610 | doesn't fit | doesn't fit |
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 | 0.2159 | −6.049% | $2K | $5K | 12x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0376% | 1h | 0.2290 | −0.348% | $16K | $54K | 50x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0182% | 1h | 0.2298 | −0.012% | $51K | $25K | 20x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2298 | +0.004% | $62K | $88K | 5x | as long as short |
| Orderly PERP_BERA_USDC | +0.0098% | 4h | 0.2299 | +0.044% | $9K | $883 | 10x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2300 | +0.078% | $15K | $27K | 5x | as long as short |
| Binance BERAUSDTshort | +0.0100% | 4h | 0.2300 | +0.078% | $5.4M | $14.1M | 50x | |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2298 | 0.000% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2296 | −0.087% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2297 | −0.044% | $347K | $393K | 50x | as long as short |
Injective BERA/USDC PERP
Coinbase International BERA-PERP-INTX
Kraken Futures PF_BERAUSD
Lighter BERA
Orderly PERP_BERA_USDC
Aster 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 | 0.2300 | +0.087% | $1.2M | $438K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2297 | −0.044% | $553K | $231K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2298 | 0.000% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2296 | −0.087% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2298 | −0.019% | $84K | $49K | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2300 | +0.087% | $34K | $462K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2298 | +0.022% | $377 | $6K | 5x | as long as short |
| BloFin BERA-USDTlong | +0.0122% | 4h | 0.2298 | long leg | $215K | $73K | 75x | |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2298 | +0.006% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0307% | 1h | 0.2302 | +0.174% | $2.9M | $917K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0408% | 1h | 0.2300 | +0.087% | $3K | $3K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0424% | 4h | 0.2304 | +0.255% | $116K | $3.2M | 10x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0621% | 1h | 0.2299 | +0.044% | $2K | $55K | 25x | as long as short |
| Backpack BERA_USDC_PERP | +0.0903% | 1h | 0.2301 | +0.113% | $35K | $158K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
ApeX Omni BERAUSDT
SoDEX BERA-USD
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
01 Exchange BERAUSD
GRVT BERA_USDT_Perp
Deribit BERA_USDC-PERPETUAL
Backpack BERA_USDC_PERP