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

BERA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0519%/8h= −56.9% APRpaid last 24h +9.440%
Price spread now: Kraken Futures against Bitget−0.051%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 7 days+17.160%+$1,716 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Kraken Futures is 0.051% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +17.160%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BERAUSDT0.22840.0100pay 0.0050% / 4h29m 01s$1.5M$1.1M50x
ShortKraken Futures PF_BERAUSD0.2283−0.0419pay 0.0052% / 1h29m 01s$51K$24K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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
−$109.04
Price spread: −0.051% → 0.000%
−$5.11
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$136.15
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; 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 Bitget live order book, 3 min ago4.38 bp24.3 bp −$2491.1 bp −$911doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
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%1h0.2146−6.042%$2K$5K12xas long as short
Kraken Futures PF_BERAUSDshort−0.0419%1h0.2283−0.051%$51K$24K20x
Coinbase International BERA-PERP-INTX−0.0296%1h0.2259−1.095%$9K$45K50xas long as short
BloFin BERA-USDT+0.0055%4h0.2282−0.088%$292K$84K75xas long as short
Lighter BERA+0.0096%1h0.2283−0.044%$62K$90K5xas long as short
Variational Omni BERA+0.0099%4h0.2280−0.165%$84K$49Kas long as short
Aster BERAUSDT+0.0100%4h0.2284−0.009%$13K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2285+0.039%$5.6M$13.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2281−0.131%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2281−0.131%$1.5M$3.2M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2283−0.044%$338K$389K50xas long as short
MEXC BERA_USDT+0.0100%4h0.22840.000%$1.3M$434K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2280−0.175%$545K$227K50xas long as short
Bitget BERAUSDTlong+0.0100%4h0.2284long leg$1.5M$1.1M50x
BingX BERA-USDT+0.0100%4h0.2282−0.088%$6.6Mas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2287+0.131%$118K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2280−0.175%$37K$459K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.22840.000%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2283−0.031%$368$6K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0188%1h0.22840.000%$4K$62K25xas long as short
01 Exchange BERAUSD+0.0192%1h0.2283−0.044%$4K$2K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2283−0.063%$2K100xas long as short
Hyperliquid BERA+0.0472%1h0.2289+0.206%$2.9M$954K5xas long as short
Backpack BERA_USDC_PERP+0.0837%1h0.2286+0.088%$37K$147K5xas long as short