Settings8H · net · $10k
Funding arb · Price arb /

BERA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0664%/8h= −72.8% APRpaid last 24h +9.508%
Price spread now: Kraken Futures against Aster−0.042%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Kraken Futures is 0.042% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BERAUSDT0.22730.0100pay 0.0050% / 4h2h 46m$13K$28K5x
ShortKraken Futures PF_BERAUSD0.2272−0.0564pay 0.0071% / 1h46m 16s$51K$27K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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

Funding earned
−$139.52
Price spread: −0.042% → 0.000%
−$4.19
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$161.72
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Kraken Futures no order-book sample
Aster and Kraken Futures: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BERA/USDC PERP−0.5000%1h0.2136−6.012%$2K$4K12xas long as short
Kraken Futures PF_BERAUSDshort−0.0564%1h0.2272−0.042%$51K$27K20x
Coinbase International BERA-PERP-INTX−0.0304%1h0.2266−0.291%$10K$45K50xas long as short
01 Exchange BERAUSD−0.0088%1h0.2272−0.027%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2272−0.027%$4K$63K25xas long as short
Variational Omni BERA+0.0059%4h0.2266−0.313%$84K$53Kas long as short
Bybit BERAUSDT+0.0094%4h0.2267−0.247%$3.1M$4.2M25xas long as short
Lighter BERA+0.0096%1h0.2271−0.058%$63K$93K5xas long as short
Aster BERAUSDTlong+0.0100%4h0.2273long leg$13K$28K5x
Binance BERAUSDT+0.0100%4h0.2272−0.020%$5.5M$13.7M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BERA-USDT-SWAP+0.0100%4h0.2268−0.203%$1.5M$3.3M20xas long as short
Gate BERA_USDT+0.0100%4h0.2269−0.159%$339K$388K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2272−0.027%$1.2M$434K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2269−0.159%$550K$221K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2271−0.071%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2271−0.071%$6.6Mas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2274+0.061%$107K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270−0.115%$32K$456K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2271−0.071%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2271−0.071%$374$6K5xas long as short
BloFin BERA-USDT+0.0142%4h0.2273+0.017%$295K$88K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2271−0.052%$2K100xas long as short
Backpack BERA_USDC_PERP+0.0458%1h0.2274+0.061%$37K$154K5xas long as short
Hyperliquid BERA+0.0930%1h0.2276+0.131%$2.9M$987K5xas long as short