Funding you earn now, next payment 00:00 UTC+0.0217%/8h= +23.8% APRpaid last 24h −0.004%
Price spread now: Hyperliquid against BloFin+0.105%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$630.629% of the position
Funding, last 7 days−0.214%−$21 on $10k
+Price spread, last 3 days (all we have)−0.198%−$20 · spread now +0.105%, 7d avg +0.014%
=Together, before fees−0.412%+ Points / potential airdropHyperliquid: Season 2 · farm board−$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Hyperliquid is 0.091% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.014%. Mind the row above: over the last 7 days funding on this pair cost −0.214%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BERA-USDT | 0.2279 | 0.0101 | pay 0.0051% / 4h | 10m 49s | $291K | $84K | 75x |
| Short | Hyperliquid BERA | 0.2281 | 0.0318 | get 0.0040% / 1h | 10m 49s | $2.9M | $954K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BloFin. 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
- $45.58
- Price spread: +0.105% → +0.014%
- $9.09
- Slippage, 4 orders
- −$41.89
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$8.22
- Costs to cover
- 0.629%
- Break-even
- 8.3 days
Slippage from BloFin: live order book, 61 min ago; Hyperliquid: live order book, 10 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 BloFin live order book, 61 min ago | 2.21 bp | 16.9 bp −$17 | 36.4 bp −$364 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 0.66 bp | 14.8 bp −$15 | 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 | 0.2140 | −6.099% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0421% | 1h | 0.2275 | −0.154% | $51K | $24K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0296% | 1h | 0.2272 | −0.307% | $10K | $44K | 50x | as long as short |
| Variational Omni BERA | −0.0036% | 4h | 0.2270 | −0.387% | $84K | $49K | — | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2274 | −0.219% | $4K | $61K | 25x | as long as short |
| Bybit BERAUSDT | +0.0044% | 4h | 0.2274 | −0.219% | $3.1M | $4.1M | 25x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2275 | −0.184% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2276 | −0.110% | $13K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2279 | −0.012% | $5.5M | $13.5M | 50x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2275 | −0.176% | $1.5M | $3.2M | 20x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2273 | −0.263% | $336K | $390K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2276 | −0.132% | $1.3M | $435K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2275 | −0.176% | $544K | $227K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2278 | −0.044% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2278 | −0.044% | — | $6.6M | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2278 | −0.044% | $108K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2280 | +0.044% | $37K | $461K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2274 | −0.219% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2274 | −0.202% | $367 | $6K | 5x | as long as short |
| BloFin BERA-USDTlong | +0.0101% | 4h | 0.2279 | long leg | $291K | $84K | 75x | |
| 01 Exchange BERAUSD | +0.0152% | 1h | 0.2274 | −0.219% | $4K | $2K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2275 | −0.190% | $2K | — | 100x | as long as short |
| Hyperliquid BERAshort | +0.0318% | 1h | 0.2281 | +0.105% | $2.9M | $954K | 5x | |
| Backpack BERA_USDC_PERP | +0.0583% | 1h | 0.2275 | −0.167% | $37K | $148K | 5x | as long as short |
BloFin BERA-USDT
Hyperliquid BERA
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Variational Omni BERA
Deribit BERA_USDC-PERPETUAL
Bybit BERAUSDT
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
01 Exchange BERAUSD
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP