Funding you earn now, next payment 08:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.24 per $10,000 · paid last 24h −0.048%
Price spread now: OKX against BloFin0.000%53s7-day average −0.146% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as 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−$720.718% of the position
Funding, last 7 days−0.135%−$14 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now 0.000%, 7d avg −0.146%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.146% dearer against BloFin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.146%. Mind the row above: over the last 7 days funding on this pair cost −0.135%, so the current rate has only just turned in your favour. The two prices were read 53 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 | 0.2290 | 0.0052 | pay 0.0026% / 4h | 1h 48m | $280K | $75K | 75x |
| Short | OKX BERA-USDT-SWAP | 0.2290 | 0.0100 | get 0.0050% / 4h | 1h 48m | $1.4M | $2.0M | 20x |
BloFin BERA-USDT
OKX BERA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $10.08
- Price spread: 0.000% → −0.146%
- $14.64
- Slippage, 4 orders
- −$49.84
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$47.13
- Costs to cover
- 0.718%
- Break-even
- 39.7 days
Slippage from BloFin: live order book, 36 min ago; OKX: 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, 36 min ago | 4.42 bp | 15.9 bp −$16 | 40.5 bp −$405 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.19 bp | 21.6 bp −$22 | 274.5 bp −$2,745 | 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 | 0.2157 | −5.808% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.1558% | 1h | 0.2290 | +0.020% | $51K | $21K | 20x | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2291 | +0.044% | $9K | $46K | 25x | as long as short |
| BloFin BERA-USDTlong | +0.0052% | 4h | 0.2290 | long leg | $280K | $75K | 75x | |
| Orderly PERP_BERA_USDC | +0.0094% | 4h | 0.2293 | +0.131% | $9K | $787 | 10x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2292 | +0.079% | $65K | $73K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2294 | +0.156% | $15K | $21K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2292 | +0.102% | $5.4M | $9.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2291 | +0.044% | $3.1M | $2.2M | 25x | as long as short |
| OKX BERA-USDT-SWAPshort | +0.0100% | 4h | 0.2290 | 0.000% | $1.4M | $2.0M | 20x |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Deribit BERA_USDC-PERPETUAL
Orderly PERP_BERA_USDC
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2293 | +0.131% | $351K | $261K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2293 | +0.131% | $1.2M | $326K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2293 | +0.131% | $544K | $130K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2293 | +0.131% | $1.5M | $759K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2292 | +0.087% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2294 | +0.183% | $24K | $205K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2282 | −0.344% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2287 | −0.121% | $115K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | 0.000% | $52K | $471K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2292 | +0.074% | $369 | $6K | 5x | as long as short |
| Hyperliquid BERA | +0.0133% | 1h | 0.2294 | +0.166% | $2.9M | $598K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0160% | 1h | 0.2291 | +0.044% | $3K | $864 | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2291 | +0.054% | $2K | — | 100x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.0600% | 1h | 0.2313 | +1.004% | $20K | $55K | 50x | as long as short |
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
Hyperliquid BERA
01 Exchange BERAUSD
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTX