Funding you earn now, next payment 07:00 UTC+0.0610%/8h= +66.8% APRnext payment +$0.76 per $10,000 · paid last 24h −0.117%
Price spread now: Coinbase International against GMX+0.666%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
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Coinbase International is 0.666% dearer against GMX than usual: you sell high and buy low: +$67 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX BERA/USD [ETH-USDC] | 0.2285 | L +0.0206% / S −0.0592% | pay 0.0026% / 1h | 19m 53s | $2K | — | 100x |
| Short | Coinbase International BERA-PERP-INTX | 0.2300 | 0.0816 | get 0.0102% / 1h | 19m 53s | $19K | $53K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $128.07
- Price spread: +0.666% → 0.000%
- $66.57
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $172.64
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
GMX and 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 | 0.2151 | −5.856% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.1280% | 1h | 0.2283 | −0.091% | $51K | $21K | 20x | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2284 | −0.035% | $9K | $45K | 25x | as long as short |
| Orderly PERP_BERA_USDC | +0.0080% | 4h | 0.2284 | −0.035% | $9K | $787 | 10x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2285 | −0.008% | $64K | $74K | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2286 | +0.044% | $2.9M | $589K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2284 | −0.029% | $13K | $22K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2284 | −0.035% | $5.5M | $9.3M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2280 | −0.210% | $3.1M | $2.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2282 | −0.122% | $1.4M | $1.9M | 20x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2282 | −0.122% | $344K | $271K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2283 | −0.078% | $1.2M | $322K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2285 | +0.009% | $550K | $128K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2283 | −0.078% | $1.5M | $780K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2284 | −0.035% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2285 | −0.008% | $25K | $204K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2281 | −0.161% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2291 | +0.272% | $114K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | +0.228% | $36K | $482K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2284 | −0.035% | $368 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0128% | 1h | 0.2285 | +0.009% | $3K | $864 | 5x | as long as short |
| BloFin BERA-USDT | +0.0132% | 4h | 0.2285 | +0.009% | $281K | $75K | 75x | as long as short |
| GMX BERA/USD [ETH-USDC]long | L +0.0206% / S −0.0592% | 1h | 0.2285 | long leg | $2K | — | 100x | |
| Coinbase International BERA-PERP-INTXshort | +0.0816% | 1h | 0.2300 | +0.666% | $19K | $53K | 50x |
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTX
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Deribit BERA_USDC-PERPETUAL
Lighter BERA
Hyperliquid BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
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