Funding you earn now, next payment 23:00 UTC+0.0359%/8h= +39.3% APRpaid last 24h +0.025%
Price spread now: Hyperliquid against Bitget+0.202%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$760.763% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 7 days−0.244%−$24 · spread now +0.202%, 7d avg +0.062%
=Together, before fees−0.424%+ Points / potential airdropHyperliquid: Season 2 · farm board−$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Hyperliquid is 0.141% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.062%. Mind the row above: over the last 7 days funding on this pair cost −0.180%, 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 -0.180% in total (about -9.4% 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 | Bitget BERAUSDT | 0.2273 | 0.0100 | pay 0.0050% / 4h | 1h 03m | $1.5M | $1.1M | 50x |
| Short | Hyperliquid BERA | 0.2278 | 0.0459 | get 0.0057% / 1h | 3m 17s | $2.9M | $946K | 5x |
Bitget BERAUSDT
Hyperliquid BERAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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
- $75.45
- Price spread: +0.202% → +0.062%
- $14.07
- Slippage, 4 orders
- −$55.26
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $13.26
- Costs to cover
- 0.763%
- Break-even
- 5.8 days
Slippage from Bitget: live order book, 8 min ago; Hyperliquid: live order book, 8 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 Bitget live order book, 8 min ago | 4.42 bp | 23.4 bp −$23 | 102.6 bp −$1,026 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.54 bp | 16.3 bp −$16 | 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 | 0.2139 | −5.895% | $2K | $4K | 12x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0320% | 1h | 0.2259 | −0.616% | $9K | $45K | 50x | as long as short |
| Kraken Futures PF_BERAUSD | 0.0000% | 1h | 0.2273 | +0.008% | $51K | $24K | 20x | as long as short |
| BloFin BERA-USDT | +0.0045% | 4h | 0.2275 | +0.088% | $288K | $88K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2275 | +0.079% | $63K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2276 | +0.149% | $13K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2275 | +0.088% | $5.5M | $13.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2274 | +0.044% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2271 | −0.088% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2272 | −0.044% | $335K | $395K | 50x | as long as short |
Injective BERA/USDC PERP
Coinbase International BERA-PERP-INTX
Kraken Futures PF_BERAUSD
BloFin BERA-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2274 | +0.044% | $1.2M | $434K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2272 | −0.044% | $548K | $223K | 50x | as long as short |
| Bitget BERAUSDTlong | +0.0100% | 4h | 0.2273 | long leg | $1.5M | $1.1M | 50x | |
| BingX BERA-USDT | +0.0100% | 4h | 0.2272 | −0.044% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2266 | −0.299% | $83K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2272 | −0.056% | $105K | $2.7M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2260 | −0.572% | $32K | $459K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2274 | +0.044% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2273 | +0.022% | $373 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0176% | 1h | 0.2275 | +0.088% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0190% | 1h | 0.2275 | +0.088% | $4K | $62K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2274 | +0.038% | $2K | — | 100x | as long as short |
| Hyperliquid BERAshort | +0.0459% | 1h | 0.2278 | +0.202% | $2.9M | $946K | 5x | |
| Backpack BERA_USDC_PERP | +0.0813% | 1h | 0.2276 | +0.128% | $37K | $149K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP