Funding you earn now, next payment 04:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.009%
Price spread now: Orderly against Deribit0.000%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BERA_USDC-PERPETUAL | 0.2307 | 0.0184 | pay 0.0023% / 1h | 22m 21s | $3K | $59K | 25x |
| Short | Orderly PERP_BERA_USDC | 0.2307 | 0.0100 | get 0.0050% / 4h | 22m 21s | $9K | $987 | 10x |
Deribit BERA_USDC-PERPETUAL
Orderly PERP_BERA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$17.57
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$30.57
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample | — | — | — | — | — |
Deribit and Orderly: 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 | 0.2172 | −5.852% | $2K | $3K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0488% | 1h | 0.2304 | −0.124% | $52K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0328% | 1h | 0.2303 | −0.173% | $15K | $53K | 50x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2306 | −0.022% | $62K | $81K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2307 | +0.020% | $15K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2308 | +0.026% | $5.4M | $14.2M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2304 | −0.130% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2302 | −0.217% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2307 | 0.000% | $355K | $357K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2307 | 0.000% | $1.2M | $399K | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2306 | −0.043% | $555K | $230K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2305 | −0.087% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2305 | −0.087% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2307 | +0.003% | $84K | $49K | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2310 | +0.130% | $51K | $451K | 50x | as long as short |
| Orderly PERP_BERA_USDCshort | +0.0100% | 4h | 0.2307 | 0.000% | $9K | $987 | 10x | |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2307 | 0.000% | $381 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0149% | 4h | 0.2308 | +0.043% | $280K | $77K | 75x | as long as short |
| Deribit BERA_USDC-PERPETUALlong | +0.0184% | 1h | 0.2307 | long leg | $3K | $59K | 25x | |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2306 | −0.044% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0264% | 1h | 0.2308 | +0.043% | $3K | $3K | 5x | as long as short |
| Hyperliquid BERA | +0.0360% | 1h | 0.2310 | +0.121% | $2.9M | $889K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0410% | 4h | 0.2314 | +0.303% | $116K | $3.2M | 10x | as long as short |
| Backpack BERA_USDC_PERP | +0.0457% | 1h | 0.2307 | −0.004% | $28K | $161K | 5x | as long as short |
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
ApeX Omni BERAUSDT
SoDEX BERA-USD
BloFin BERA-USDT
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
Hyperliquid BERA
GRVT BERA_USDT_Perp
Backpack BERA_USDC_PERP