Funding you earn now, next payment 00:00 UTC−0.0477%/8h= −52.3% APRpaid last 24h +9.406%
Price spread now: Kraken Futures against BloFin−0.409%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+17.118%+$1,712 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Kraken Futures is 0.409% cheaper against BloFin than usual: you would sell low and buy high (−$41 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 +17.118%, so the current rate has only just turned against you. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BERA-USDT | 0.2299 | 0.0059 | pay 0.0030% / 4h | 47m 50s | $290K | $91K | 75x |
| Short | Kraken Futures PF_BERAUSD | 0.2290 | −0.0418 | pay 0.0052% / 1h | 47m 50s | $51K | $24K | 20x |
BloFin BERA-USDT
Kraken Futures PF_BERAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$100.25
- Price spread: −0.409% → 0.000%
- −$40.92
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$163.16
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 24 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 24 min ago | 2.21 bp | 16.9 bp −$17 | 36.4 bp −$364 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BERA/USDC PERP | −0.5000% | 1h | 0.2157 | −6.177% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSDshort | −0.0418% | 1h | 0.2290 | −0.409% | $51K | $24K | 20x | |
| Coinbase International BERA-PERP-INTX | −0.0296% | 1h | 0.2259 | −1.740% | $9K | $45K | 50x | as long as short |
| BloFin BERA-USDTlong | +0.0059% | 4h | 0.2299 | long leg | $290K | $91K | 75x | |
| Lighter BERA | +0.0096% | 1h | 0.2292 | −0.322% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2293 | −0.276% | $14K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2293 | −0.264% | $5.6M | $13.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2288 | −0.478% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2289 | −0.435% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2292 | −0.304% | $338K | $388K | 50x | as long as short |
Injective BERA/USDC PERP
Coinbase International BERA-PERP-INTX
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 | 0.2292 | −0.304% | $1.3M | $432K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2290 | −0.391% | $551K | $225K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2291 | −0.348% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2290 | −0.391% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2292 | −0.295% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2298 | −0.043% | $115K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | −0.391% | $37K | $462K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2292 | −0.304% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2293 | −0.283% | $373 | $6K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0186% | 1h | 0.2292 | −0.304% | $4K | $62K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2292 | −0.324% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0240% | 1h | 0.2292 | −0.304% | $4K | $2K | 5x | as long as short |
| Hyperliquid BERA | +0.0298% | 1h | 0.2295 | −0.157% | $2.9M | $958K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.1180% | 1h | 0.2293 | −0.248% | $37K | $149K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
Hyperliquid BERA
Backpack BERA_USDC_PERP