Funding you earn now, next payment 22:00 UTC+0.0764%/8h= +83.6% APRpaid last 24h +0.016%
Price spread now: Hyperliquid against BingX+0.171%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$690.692% of the position
Funding, last 7 days−0.190%−$19 on $10k
+Price spread, last 7 days−0.126%−$13 · spread now +0.171%, 7d avg +0.025%
=Together, before fees−0.316%+ Points / potential airdropHyperliquid: Season 2 · farm board−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Hyperliquid is 0.146% dearer against BingX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.190%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.190% in total (about -9.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BERA-USDT | 0.2280 | 0.0100 | pay 0.0050% / 4h | 2h 18m | — | $6.6M | — |
| Short | Hyperliquid BERA | 0.2284 | 0.0864 | get 0.0108% / 1h | 18m 10s | $3.0M | $965K | 5x |
BingX BERA-USDT
Hyperliquid BERAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BingX. 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
- $160.35
- Price spread: +0.171% → +0.025%
- $14.61
- Slippage, 4 orders
- −$50.24
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $105.72
- Costs to cover
- 0.692%
- Break-even
- 2.4 days
Slippage from BingX: live order book, 4 min ago; Hyperliquid: live order book, 3 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 BingX live order book, 4 min ago | 4.39 bp | 18.2 bp −$18 | 43.7 bp −$437 | 558.5 bp −$55.8K | 808.8 bp −$404.4K |
| Sell Hyperliquid live order book, 3 min ago | 0.44 bp | 19.4 bp −$19 | 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 | 0.2145 | −5.921% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0562% | 1h | 0.2281 | +0.061% | $51K | $26K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2259 | −0.921% | $10K | $45K | 50x | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2280 | 0.000% | $4K | $62K | 25x | as long as short |
| 01 Exchange BERAUSD | +0.0040% | 1h | 0.2280 | 0.000% | $4K | $2K | 5x | as long as short |
| BloFin BERA-USDT | +0.0075% | 4h | 0.2281 | +0.044% | $291K | $88K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2280 | +0.013% | $63K | $93K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2279 | −0.029% | $13K | $28K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2281 | +0.022% | $5.5M | $13.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2276 | −0.175% | $3.1M | $4.2M | 25x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Deribit BERA_USDC-PERPETUAL
01 Exchange BERAUSD
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2276 | −0.175% | $1.5M | $3.3M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2279 | −0.044% | $337K | $390K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2280 | 0.000% | $1.2M | $436K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2276 | −0.175% | $552K | $220K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2279 | −0.044% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDTlong | +0.0100% | 4h | 0.2280 | long leg | — | $6.6M | — | |
| Variational Omni BERA | +0.0100% | 4h | 0.2277 | −0.115% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2280 | −0.005% | $106K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2280 | 0.000% | $34K | $456K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2279 | −0.044% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2280 | −0.022% | $374 | $6K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2280 | −0.002% | $2K | — | 100x | as long as short |
| Hyperliquid BERAshort | +0.0864% | 1h | 0.2284 | +0.171% | $3.0M | $965K | 5x | |
| Backpack BERA_USDC_PERP | +0.0916% | 1h | 0.2281 | +0.044% | $38K | $149K | 5x | as long as short |
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP