Funding you earn now, next payment 05:00 UTC−0.0059%/8h= −6.5% APRpaid last 24h −0.025%
Price spread now: Bitget against GMX−0.101%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.101% cheaper against GMX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX BERA/USD [ETH-USDC] | 0.2279 | L +0.0159% / S −0.0055% | pay 0.0020% / 1h | 2m 46s | $4K | — | 100x |
| Short | Bitget BERAUSDT | 0.2277 | 0.0100 | get 0.0050% / 4h | 3h 02m | $1.5M | $792K | 50x |
GMX BERA/USD [ETH-USDC]
Bitget BERAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$12.43
- Price spread: −0.101% → 0.000%
- −$10.13
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$46.56
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 4 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 Bitget live order book, 4 min ago | 4.36 bp | 24.7 bp −$25 | 102.4 bp −$1,024 | 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 | 0.2142 | −6.024% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.1541% | 1h | 0.2279 | −0.026% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2298 | +0.820% | $20K | $61K | 50x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2276 | −0.132% | $65K | $84K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2278 | −0.048% | $16K | $21K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2276 | −0.145% | $5.4M | $10.0M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2272 | −0.321% | $3.0M | $2.4M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2274 | −0.233% | $1.4M | $2.1M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2279 | −0.014% | $360K | $284K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2279 | −0.014% | $1.2M | $381K | 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 | 0.2279 | −0.014% | $547K | $132K | 50x | as long as short |
| Bitget BERAUSDTshort | +0.0100% | 4h | 0.2277 | −0.101% | $1.5M | $792K | 50x | |
| BingX BERA-USDT | +0.0100% | 4h | 0.2276 | −0.145% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2279 | +0.004% | $27K | $149K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2287 | +0.320% | $84K | $52K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2292 | +0.557% | $112K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | +0.469% | $40K | $450K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2279 | −0.014% | $9K | $937 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2279 | −0.018% | $369 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0121% | 4h | 0.2280 | +0.030% | $281K | $73K | 75x | as long as short |
| Hyperliquid BERA | +0.0150% | 1h | 0.2280 | +0.043% | $2.9M | $608K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC]long | L +0.0159% / S −0.0055% | 1h | 0.2279 | long leg | $4K | — | 100x | |
| 01 Exchange BERAUSD | +0.0160% | 1h | 0.2279 | −0.014% | $3K | $864 | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0189% | 1h | 0.2280 | +0.030% | $8K | $50K | 25x | as long as short |
KuCoin BERAUSDTM
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
BloFin BERA-USDT
Hyperliquid BERA
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL