Funding you earn now, next payment 23:00 UTC−0.0105%/8h= −11.5% APRpaid last 24h −0.016%
Price spread now: Binance against GMX+0.011%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 | GMX BERA/USD [ETH-USDC] | 0.2265 | L +0.0205% / S −0.0592% | pay 0.0026% / 1h | 20m 53s | $2K | — | 100x |
| Short | Binance BERAUSDT | 0.2265 | 0.0100 | get 0.0050% / 4h | 1h 20m | $5.5M | $13.6M | 50x |
GMX BERA/USD [ETH-USDC]
Binance BERAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against GMX. 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
- −$22.15
- Price spread: +0.011% → 0.000%
- $1.15
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$43
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Binance: live order book, 5 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 GMX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 2.21 bp | 15.7 bp −$16 | 56.2 bp −$562 | doesn't fit | doesn't fit |
GMX: 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 | 0.2132 | −5.861% | $2K | $4K | 12x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0320% | 1h | 0.2258 | −0.298% | $9K | $45K | 50x | as long as short |
| Kraken Futures PF_BERAUSD | 0.0000% | 1h | 0.2262 | −0.099% | $51K | $25K | 20x | as long as short |
| BloFin BERA-USDT | +0.0041% | 4h | 0.2268 | +0.144% | $290K | $88K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2265 | −0.006% | $62K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2266 | +0.062% | $13K | $27K | 5x | as long as short |
| Binance BERAUSDTshort | +0.0100% | 4h | 0.2265 | +0.011% | $5.5M | $13.6M | 50x | |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2263 | −0.077% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2262 | −0.121% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2265 | +0.011% | $334K | $393K | 50x | as long as short |
Injective BERA/USDC PERP
Coinbase International BERA-PERP-INTX
Kraken Futures PF_BERAUSD
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2265 | +0.011% | $1.2M | $433K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2264 | −0.033% | $546K | $220K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2266 | +0.056% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2264 | −0.033% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2260 | −0.200% | $83K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2261 | −0.151% | $105K | $2.7M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2260 | −0.209% | $32K | $456K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2265 | +0.011% | $8K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2265 | +0.029% | $371 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0176% | 1h | 0.2266 | +0.056% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0192% | 1h | 0.2266 | +0.056% | $4K | $62K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC]long | L +0.0205% / S −0.0592% | 1h | 0.2265 | long leg | $2K | — | 100x | |
| Hyperliquid BERA | +0.0467% | 1h | 0.2268 | +0.140% | $2.9M | $947K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0780% | 1h | 0.2266 | +0.034% | $36K | $149K | 5x | as long as short |
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
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
Hyperliquid BERA
Backpack BERA_USDC_PERP