BERA

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0492%/8h= +53.9% APRnext payment +$0.62 per $10,000 · paid last 24h +0.099%

Price spread now: GMX against Hyperliquid−0.225%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.225% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.225% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 36 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid BERA	0.2302	0.0100	pay 0.0013% / 1h	14m 47s	$2.9M	$575K	5x
Short	GMX BERA/USD [ETH-USDC]	0.2297	L +0.0206% / S −0.0592%	get 0.0074% / 1h	14m 47s	$2K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee GMXbpOrdersPrice spread, now −0.225%Rate

Funding earned: $103.42
Price spread: −0.225% → 0.000%: −$22.46
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: $59.96
Costs to cover: 0.210%
Break-even: 2.9 days

Slippage unknown: Hyperliquid: live order book, 6 min ago; GMX: 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 Hyperliquid live order book, 6 min ago	1.96 bp	18.7 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	0.2154	−6.425%	$2K	$4K	12x	as long as short
Kraken Futures PF_BERAUSD	−0.1276%	1h	0.2296	−0.256%	$51K	$21K	20x	as long as short
01 Exchange BERAUSD	−0.0152%	1h	0.2296	−0.256%	$3K	$850	5x	as long as short
Orderly PERP_BERA_USDC	+0.0074%	4h	0.2297	−0.213%	$9K	$815	10x	as long as short
Lighter BERA	+0.0096%	1h	0.2297	−0.204%	$64K	$72K	5x	as long as short
Hyperliquid BERAlong	+0.0100%	1h	0.2302	long leg	$2.9M	$575K	5x
Aster BERAUSDT	+0.0100%	4h	0.2298	−0.170%	$13K	$21K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2298	−0.170%	$5.4M	$8.7M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2294	−0.343%	$3.1M	$1.9M	25x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2297	−0.213%	$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	0.2297	−0.213%	$340K	$265K	50x	as long as short
MEXC BERA_USDT	+0.0100%	4h	0.2297	−0.213%	$1.2M	$323K	20x	as long as short
KuCoin BERAUSDTM	+0.0100%	4h	0.2298	−0.169%	$553K	$126K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2297	−0.213%	$1.4M	$754K	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2296	−0.256%	—	$6.6M	—	as long as short
Backpack BERA_USDC_PERP	+0.0100%	1h	0.2297	−0.222%	$25K	$207K	5x	as long as short
Variational Omni BERA	+0.0100%	4h	0.2297	−0.206%	$82K	$51K	—	as long as short
GRVT BERA_USDT_Perp	+0.0100%	4h	0.2294	−0.343%	$108K	$3.0M	10x	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2290	−0.517%	$53K	$491K	50x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2296	−0.256%	$368	$6K	5x	as long as short
BloFin BERA-USDT	+0.0140%	4h	0.2302	+0.004%	$278K	$73K	75x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0185%	1h	0.2298	−0.169%	$9K	$42K	25x	as long as short
GMX BERA/USD [ETH-USDC]short	L +0.0206% / S −0.0592%	1h	0.2297	−0.225%	$2K	—	100x
Coinbase International BERA-PERP-INTX	+0.0952%	1h	0.2305	+0.135%	$19K	$48K	50x	as long as short