Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.1% APRpaid last 24h −0.021%
Price spread now: Orderly against SoDEX+0.022%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
The price spread pays, funding is against you. Orderly is 0.022% dearer against SoDEX than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX BERA-USD | 0.2293 | 0.0100 | pay 0.0013% / 1h | 13m 32s | $369 | $6K | 5x |
| Short | Orderly PERP_BERA_USDC | 0.2293 | 0.0080 | get 0.0040% / 4h | 13m 32s | $9K | $787 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against SoDEX. 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
- −$4.1
- Price spread: +0.022% → 0.000%
- $2.18
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$15.92
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Orderly: 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
SoDEX and Orderly: 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 | 0.2155 | −5.998% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.1275% | 1h | 0.2292 | −0.038% | $51K | $21K | 20x | as long as short |
| Orderly PERP_BERA_USDCshort | +0.0080% | 4h | 0.2293 | +0.022% | $9K | $787 | 10x | |
| BloFin BERA-USDT | +0.0095% | 4h | 0.2287 | −0.240% | $281K | $76K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2292 | −0.026% | $64K | $74K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0096% | 1h | 0.2294 | +0.065% | $3K | $864 | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2294 | +0.079% | $2.9M | $589K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2293 | +0.039% | $13K | $22K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2294 | +0.082% | $5.5M | $9.3M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2293 | +0.022% | $3.1M | $2.1M | 25x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2294 | +0.065% | $1.4M | $1.9M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2292 | −0.022% | $345K | $271K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2293 | +0.022% | $1.2M | $323K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2292 | −0.022% | $552K | $128K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2294 | +0.065% | $1.5M | $778K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2292 | −0.022% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2293 | +0.026% | $25K | $204K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2287 | −0.234% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2291 | −0.065% | $107K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | −0.109% | $36K | $482K | 50x | as long as short |
| SoDEX BERA-USDlong | +0.0100% | 1h | 0.2293 | long leg | $369 | $6K | 5x | |
| Deribit BERA_USDC-PERPETUAL | +0.0186% | 1h | 0.2294 | +0.065% | $9K | $45K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2290 | −0.098% | $2K | — | 100x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.0816% | 1h | 0.2300 | +0.327% | $19K | $53K | 50x | as long as short |
SoDEX BERA-USD
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
BloFin BERA-USDT
Lighter BERA
01 Exchange BERAUSD
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
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTX