Funding you earn now, next payment 04:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.06 per $10,000 · paid last 24h −0.029%
Price spread now: Bitget against BloFin−0.305%95s7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as 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−$720.720% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 3 days (all we have)+0.224%+$22 · spread now −0.305%, 7d avg −0.062%
=Funding pays, the price is against you. Bitget is 0.243% cheaper against BloFin than usual: you would sell low and buy high (spread −0.305% now, against its 7-day average of −0.062%). If the spread goes back, that is −$24 on $10k: about 2 months of funding at the current rate ($0 a day). The two prices were read 95 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 | 0.2296 | 0.0089 | pay 0.0044% / 4h | 3h 07m | $292K | $90K | 75x |
| Short | Bitget BERAUSDT | 0.2289 | 0.0100 | get 0.0050% / 4h | 3h 07m | $1.4M | $1.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $2.34
- Price spread: −0.305% → −0.062%
- −$24.27
- Slippage, 4 orders
- −$47.98
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$93.91
- Costs to cover
- 0.720%
- Break-even
- 288.0 days
Slippage from BloFin: live order book, 59 min ago; Bitget: live order book, 4 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, 59 min ago | 2.19 bp | 20.5 bp −$20 | 39.7 bp −$397 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 6.56 bp | 22.2 bp −$22 | 92.3 bp −$923 | 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 | −5.967% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0526% | 1h | 0.2289 | −0.287% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0328% | 1h | 0.2276 | −0.871% | $9K | $45K | 50x | as long as short |
| Variational Omni BERA | −0.0118% | 4h | 0.2284 | −0.517% | $84K | $49K | — | as long as short |
| BloFin BERA-USDTlong | +0.0089% | 4h | 0.2296 | long leg | $292K | $90K | 75x | |
| Lighter BERA | +0.0096% | 1h | 0.2290 | −0.257% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2289 | −0.287% | $14K | $24K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2290 | −0.261% | $5.6M | $13.4M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2286 | −0.436% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2286 | −0.436% | $1.5M | $3.2M | 20x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2289 | −0.305% | $340K | $376K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2290 | −0.261% | $1.2M | $447K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2289 | −0.305% | $544K | $227K | 50x | as long as short |
| Bitget BERAUSDTshort | +0.0100% | 4h | 0.2289 | −0.305% | $1.4M | $1.0M | 50x | |
| BingX BERA-USDT | +0.0100% | 4h | 0.2288 | −0.348% | — | $6.6M | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | −0.261% | $32K | $457K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2289 | −0.305% | $9K | $686 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2290 | −0.261% | $373 | $6K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0187% | 1h | 0.2291 | −0.218% | $4K | $56K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2290 | −0.278% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0208% | 1h | 0.2289 | −0.305% | $4K | $2K | 5x | as long as short |
| Hyperliquid BERA | +0.0239% | 1h | 0.2294 | −0.087% | $2.9M | $902K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0254% | 4h | 0.2292 | −0.175% | $115K | $2.9M | 10x | as long as short |
| Backpack BERA_USDC_PERP | +0.0717% | 1h | 0.2291 | −0.218% | $37K | $149K | 5x | as long as short |
BloFin BERA-USDT
Bitget BERAUSDT
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Variational Omni BERA
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
BingX BERA-USDT
ApeX Omni BERAUSDT
SoDEX BERA-USD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
Hyperliquid BERA
GRVT BERA_USDT_Perp
Backpack BERA_USDC_PERP