Funding you earn now, next payment 22:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.079%
Price spread now: BloFin against Deribit+0.309%117s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.566%+$57 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 +$3 a day on $10k at the current rate, and BloFin is 0.309% dearer against Deribit than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 117 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 | Deribit BERA_USDC-PERPETUAL | 0.2264 | 0 | get 0.0000% / 1h | 5m 27s | $4K | $62K | 25x |
| Short | BloFin BERA-USDT | 0.2271 | 0.0101 | get 0.0051% / 4h | 2h 05m | $292K | $88K | 75x |
Deribit BERA_USDC-PERPETUAL
BloFin BERA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Deribit. 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
- $21.31
- Price spread: +0.309% → 0.000%
- $30.92
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $33.23
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; BloFin: live order book, 11 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 Deribit no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 11 min ago | 4.40 bp | 14.7 bp −$15 | 40.1 bp −$401 | doesn't fit | doesn't fit |
Deribit: 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 | 0.2130 | −5.919% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0565% | 1h | 0.2268 | +0.186% | $51K | $26K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2259 | −0.221% | $10K | $45K | 50x | as long as short |
| Deribit BERA_USDC-PERPETUALlong | 0.0000% | 1h | 0.2264 | long leg | $4K | $62K | 25x | |
| 01 Exchange BERAUSD | +0.0048% | 1h | 0.2264 | 0.000% | $4K | $2K | 5x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2265 | +0.022% | $62K | $93K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2265 | +0.044% | $13K | $28K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2264 | +0.011% | $5.5M | $13.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2260 | −0.177% | $3.0M | $4.2M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2259 | −0.221% | $1.5M | $3.2M | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
01 Exchange BERAUSD
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2263 | −0.044% | $334K | $391K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2265 | +0.044% | $1.2M | $438K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2266 | +0.088% | $549K | $220K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2264 | 0.000% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2260 | −0.177% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2262 | −0.071% | $83K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2273 | +0.394% | $105K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | +0.265% | $32K | $453K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2264 | 0.000% | $8K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2267 | +0.128% | $371 | $6K | 5x | as long as short |
| BloFin BERA-USDTshort | +0.0101% | 4h | 0.2271 | +0.309% | $292K | $88K | 75x | |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2263 | −0.032% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0810% | 1h | 0.2268 | +0.199% | $2.9M | $957K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0816% | 1h | 0.2268 | +0.155% | $38K | $149K | 5x | as long as short |
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
Backpack BERA_USDC_PERP