Funding you earn now, next payment 06:00 UTC+0.0500%/8h= +54.7% APRpaid last 24h −0.104%
Price spread now: Coinbase International against Gate+1.314%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.227%−$23 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 +$15 a day on $10k at the current rate, and Coinbase International is 1.314% dearer against Gate than usual: you sell high and buy low: +$131 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.227%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.227% in total (about -11.9% 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 | Gate BERA_USDT | 0.2283 | 0.0100 | pay 0.0050% / 4h | 1h 34m | $348K | $262K | 50x |
| Short | Coinbase International BERA-PERP-INTX | 0.2313 | 0.0600 | get 0.0075% / 1h | 34m 09s | $20K | $55K | 50x |
Gate BERA_USDT
Coinbase International BERA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Gate. 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
- $105
- Price spread: +1.314% → 0.000%
- $131.41
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $211.41
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 6 min ago; Coinbase International: 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 Gate live order book, 6 min ago | 4.37 bp | 32.9 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
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 | 0.2148 | −5.913% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.1564% | 1h | 0.2283 | +0.003% | $51K | $21K | 20x | as long as short |
| Orderly PERP_BERA_USDC | +0.0093% | 4h | 0.2283 | 0.000% | $9K | $787 | 10x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2284 | +0.039% | $65K | $73K | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2286 | +0.114% | $2.9M | $598K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2285 | +0.089% | $15K | $21K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2283 | 0.000% | $5.4M | $9.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2280 | −0.131% | $3.1M | $2.2M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2282 | −0.044% | $1.4M | $2.0M | 20x | as long as short |
| Gate BERA_USDTlong | +0.0100% | 4h | 0.2283 | long leg | $348K | $262K | 50x |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Orderly PERP_BERA_USDC
Lighter BERA
Hyperliquid 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2282 | −0.044% | $1.2M | $327K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2285 | +0.088% | $547K | $132K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2285 | +0.088% | $1.5M | $762K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2283 | 0.000% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2284 | +0.057% | $24K | $205K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2281 | −0.083% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2290 | +0.287% | $108K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | +0.307% | $52K | $471K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2283 | −0.022% | $367 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0128% | 1h | 0.2282 | −0.044% | $3K | $864 | 5x | as long as short |
| BloFin BERA-USDT | +0.0150% | 4h | 0.2286 | +0.131% | $279K | $75K | 75x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0188% | 1h | 0.2283 | 0.000% | $9K | $46K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2284 | +0.042% | $2K | — | 100x | as long as short |
| Coinbase International BERA-PERP-INTXshort | +0.0600% | 1h | 0.2313 | +1.314% | $20K | $55K | 50x |
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
01 Exchange BERAUSD
BloFin BERA-USDT
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]