Funding you earn now, next payment 04:00 UTC+0.1647%/8h= +180.4% APRnext payment +$8.24 per $10,000 · paid last 24h +0.007%
Price spread now: Gate against Bybit+0.175%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1231.234% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)−0.162%−$16 · spread now +0.175%, 7d avg +0.088%
=Both sides work for this trade now. Funding pays +$49 a day on $10k at the current rate, and Gate is 0.087% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.088%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.051% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.24 per $10,000. 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 | Bybit BERAUSDT | 0.2283 | −0.1547 | get 0.0774% / 4h | 3h 57m | $3.1M | $4.1M | 25x |
| Short | Gate BERA_USDT | 0.2287 | 0.0100 | get 0.0050% / 4h | 3h 57m | $339K | $372K | 50x |
Bybit BERAUSDT
Gate BERA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $345.88
- Price spread: +0.175% → +0.088%
- $8.7
- Slippage, 4 orders
- −$97.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $231.22
- Costs to cover
- 1.234%
- Break-even
- 2.3 days
Slippage from Bybit: live order book, 10 min ago; Gate: 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 Bybit live order book, 10 min ago | 4.40 bp | 25.3 bp −$25 | 79.0 bp −$790 | doesn't fit | doesn't fit |
| Sell Gate live order book, 13 min ago | 4.38 bp | 32.9 bp −$33 | doesn't fit | 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 | 0.2153 | −5.694% | $2K | $5K | 12x | as long as short |
| Bybit BERAUSDTlong | −0.1547% | 4h | 0.2283 | long leg | $3.1M | $4.1M | 25x | |
| Kraken Futures PF_BERAUSD | −0.0527% | 1h | 0.2287 | +0.156% | $51K | $24K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0328% | 1h | 0.2269 | −0.613% | $9K | $44K | 50x | as long as short |
| Variational Omni BERA | −0.0057% | 4h | 0.2288 | +0.205% | $84K | $49K | — | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2289 | +0.263% | $4K | $61K | 25x | as long as short |
| BloFin BERA-USDT | +0.0065% | 4h | 0.2291 | +0.350% | $290K | $83K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2287 | +0.175% | $62K | $90K | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2291 | +0.333% | $2.9M | $954K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2289 | +0.253% | $14K | $27K | 5x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Variational Omni BERA
Deribit BERA_USDC-PERPETUAL
BloFin BERA-USDT
Lighter BERA
Hyperliquid BERA
Aster BERAUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BERAUSDT | +0.0100% | 4h | 0.2287 | +0.184% | $5.6M | $13.6M | 50x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2283 | 0.000% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDTshort | +0.0100% | 4h | 0.2287 | +0.175% | $339K | $372K | 50x | |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2288 | +0.219% | $1.3M | $432K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2285 | +0.088% | $546K | $227K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2285 | +0.088% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2286 | +0.131% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2289 | +0.267% | $37K | $149K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2292 | +0.380% | $108K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | +0.307% | $37K | $458K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2286 | +0.131% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2289 | +0.245% | $371 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0128% | 1h | 0.2286 | +0.131% | $4K | $2K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2288 | +0.201% | $2K | — | 100x | as long as short |
Binance BERAUSDT
OKX BERA-USDT-SWAP
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
01 Exchange BERAUSD
GMX BERA/USD [ETH-USDC]