Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.079%
Price spread now: Backpack against MEXC+0.105%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$480.479% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.105%, 7d avg +0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.087% dearer against MEXC than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BERA_USDT | 0.2278 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $1.2M | $347K | 20x |
| Short | Backpack BERA_USDC_PERP | 0.2280 | 0.0100 | get 0.0013% / 1h | 15m 07s | $27K | $149K | 5x |
MEXC BERA_USDT
Backpack BERA_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against MEXC. 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
- $0
- Price spread: +0.105% → +0.018%
- $8.69
- Slippage, 4 orders
- −$29.91
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$39.22
- Costs to cover
- 0.479%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Backpack: live order book, 33 min ago.
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 MEXC live order book, 1 min ago | 2.19 bp | 11.6 bp −$12 | 31.7 bp −$317 | 258.8 bp −$25.9K | 389.9 bp −$194.9K |
| Sell Backpack live order book, 33 min ago | 0.22 bp | 10.8 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.2140 | −6.058% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0766% | 1h | 0.2278 | +0.018% | $51K | $24K | 20x | as long as short |
| Orderly PERP_BERA_USDC | +0.0095% | 4h | 0.2279 | +0.044% | $9K | $787 | 10x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2279 | +0.044% | $65K | $73K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2280 | +0.068% | $15K | $22K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2279 | +0.037% | $5.4M | $9.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2276 | −0.088% | $3.0M | $2.3M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2277 | −0.044% | $1.4M | $2.0M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2277 | −0.044% | $344K | $271K | 50x | as long as short |
| MEXC BERA_USDTlong | +0.0100% | 4h | 0.2278 | long leg | $1.2M | $347K | 20x |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Orderly PERP_BERA_USDC
Lighter BERA
Aster BERAUSDT
Binance 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2277 | −0.044% | $551K | $127K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2276 | −0.088% | $1.5M | $769K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2279 | +0.044% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERPshort | +0.0100% | 1h | 0.2280 | +0.105% | $27K | $149K | 5x | |
| Variational Omni BERA | +0.0100% | 4h | 0.2276 | −0.104% | $83K | $51K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2278 | +0.006% | $105K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | −0.351% | $37K | $452K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2279 | +0.044% | $364 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0144% | 1h | 0.2279 | +0.044% | $3K | $864 | 5x | as long as short |
| BloFin BERA-USDT | +0.0159% | 4h | 0.2280 | +0.088% | $276K | $72K | 75x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.0160% | 1h | 0.2282 | +0.176% | $20K | $58K | 50x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0189% | 1h | 0.2279 | +0.044% | $9K | $49K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2278 | +0.007% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0404% | 1h | 0.2284 | +0.255% | $2.9M | $593K | 5x | as long as short |
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
01 Exchange BERAUSD
BloFin BERA-USDT
Coinbase International BERA-PERP-INTX
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA