Funding you earn now, next payment 00:00 UTC+0.0468%/8h= +51.2% APRpaid last 24h +0.134%
Price spread now: BloFin against Coinbase International+0.618%58s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.265%+$27 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and BloFin is 0.618% dearer against Coinbase International than usual: you sell high and buy low: +$62 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 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 0.265% in total (about 13.8% 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 | Coinbase International BERA-PERP-INTX | 0.2265 | −0.0328 | get 0.0041% / 1h | 31m 55s | $9K | $44K | 50x |
| Short | BloFin BERA-USDT | 0.2279 | 0.0140 | get 0.0070% / 4h | 3h 31m | $289K | $90K | 75x |
Coinbase International BERA-PERP-INTX
BloFin BERA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Coinbase International. 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
- $98.19
- Price spread: +0.618% → 0.000%
- $61.81
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $138
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; BloFin: live order book, 35 min ago. 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 35 min ago | 2.19 bp | 8.9 bp −$9 | 29.9 bp −$299 | doesn't fit | doesn't fit |
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 | 0.2144 | −5.342% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0529% | 1h | 0.2277 | +0.529% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTXlong | −0.0328% | 1h | 0.2265 | long leg | $9K | $44K | 50x | |
| Bybit BERAUSDT | −0.0284% | 4h | 0.2276 | +0.486% | $3.1M | $4.1M | 25x | as long as short |
| Variational Omni BERA | −0.0195% | 4h | 0.2277 | +0.514% | $84K | $49K | — | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2277 | +0.521% | $62K | $90K | 5x | as long as short |
| OKX BERA-USDT-SWAP | +0.0098% | 4h | 0.2277 | +0.530% | $1.5M | $3.2M | 20x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2283 | +0.773% | $2.9M | $924K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2276 | +0.498% | $13K | $24K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2279 | +0.604% | $5.6M | $13.6M | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Bybit BERAUSDT
Variational Omni BERA
Lighter BERA
OKX BERA-USDT-SWAP
Hyperliquid BERA
Aster BERAUSDT
Binance BERAUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2277 | +0.530% | $338K | $375K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2278 | +0.574% | $1.3M | $437K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2274 | +0.397% | $541K | $229K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2277 | +0.530% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2276 | +0.486% | — | $6.6M | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2284 | +0.839% | $112K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2280 | +0.662% | $32K | $457K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2277 | +0.530% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2277 | +0.539% | $369 | $6K | 5x | as long as short |
| BloFin BERA-USDTshort | +0.0140% | 4h | 0.2279 | +0.618% | $289K | $90K | 75x | |
| 01 Exchange BERAUSD | +0.0152% | 1h | 0.2276 | +0.486% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0189% | 1h | 0.2279 | +0.618% | $4K | $58K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2277 | +0.550% | $2K | — | 100x | as long as short |
| Backpack BERA_USDC_PERP | +0.0455% | 1h | 0.2280 | +0.680% | $37K | $149K | 5x | as long as short |
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP