Funding you earn now, next payment 11:00 UTC−0.4900%/8h= −536.5% APRpaid last 24h +1.445%
Price spread now: MEXC against Injective−2.717%85s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$147 a day on $10k at the current rate, and MEXC is 2.717% cheaper against Injective than usual: you would sell low and buy high (−$272 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BERA/USDC PERP | 0.2319 | 0.5000 | pay 0.0625% / 1h | 55m 55s | $2K | $4K | 12x |
| Short | MEXC BERA_USDT | 0.2256 | 0.0100 | get 0.0050% / 4h | 1h 55m | $1.2M | $292K | 20x |
Injective BERA/USDC PERP
MEXC BERA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Injective. 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
- −$1,029
- Price spread: −2.717% → 0.000%
- −$271.67
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$1,308.69
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 3 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 Injective no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 3 min ago | 2.21 bp | 13.5 bp −$13 | 47.2 bp −$472 | 289.3 bp −$28.9K | doesn't fit |
Injective: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BERAUSD | −0.0820% | 1h | 0.2259 | −2.574% | $50K | $21K | 20x | as long as short |
| 01 Exchange BERAUSD | −0.0656% | 1h | 0.2256 | −2.717% | $3K | $850 | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | −0.0192% | 1h | 0.2259 | −2.587% | $1K | $36K | 25x | as long as short |
| Orderly PERP_BERA_USDC | +0.0074% | 4h | 0.2259 | −2.587% | $8K | $587 | 10x | as long as short |
| BloFin BERA-USDT | +0.0074% | 4h | 0.2264 | −2.372% | $271K | $76K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2259 | −2.587% | $63K | $76K | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2257 | −2.691% | $2.5M | $974K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2259 | −2.581% | $13K | $19K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2257 | −2.674% | $5.2M | $8.4M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2254 | −2.803% | $3.0M | $1.8M | 25x | as long as short |
Kraken Futures PF_BERAUSD
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
Orderly PERP_BERA_USDC
BloFin BERA-USDT
Lighter BERA
Hyperliquid BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDTShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2255 | −2.760% | $1.4M | $1.8M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2253 | −2.846% | $328K | $250K | 50x | as long as short |
| MEXC BERA_USDTshort | +0.0100% | 4h | 0.2256 | −2.717% | $1.2M | $292K | 20x | |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2255 | −2.760% | $539K | $127K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2258 | −2.630% | $1.4M | $745K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2256 | −2.717% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2256 | −2.704% | $24K | $214K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2260 | −2.546% | $81K | $51K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2265 | −2.329% | $111K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2260 | −2.544% | $40K | $485K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2255 | −2.755% | $352 | $6K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2260 | −2.559% | $2K | — | 100x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.1032% | 1h | 0.2295 | −1.035% | $19K | $45K | 50x | as long as short |
| Injective BERA/USDC PERPlong | +0.5000% | 1h | 0.2319 | long leg | $2K | $4K | 12x |
OKX BERA-USDT-SWAP
Gate 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
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTX