Funding you earn now, next payment 04:00 UTC−0.0006%/8h= −0.6% APRnext payment −$0.03 per $10,000 · paid last 24h −0.029%
Price spread now: KuCoin against BloFin−0.176%95s7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2102.101% of the position
Funding, last 7 days−0.156%−$16 on $10k
+Price spread, last 3 days (all we have)+0.166%+$17 · spread now −0.176%, 7d avg −0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.131% cheaper against BloFin than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.045%. The two prices were read 95 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 | 0.2272 | 0.0106 | pay 0.0053% / 4h | 3h 37m | $291K | $89K | 75x |
| Short | KuCoin BERAUSDTM | 0.2268 | 0.0100 | get 0.0050% / 4h | 3h 37m | $540K | $229K | 50x |
BloFin BERA-USDT
KuCoin BERAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$1.19
- Price spread: −0.176% → −0.045%
- −$13.07
- Slippage, 4 orders
- −$186.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$224.32
- Costs to cover
- 2.101%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 29 min ago; KuCoin: live order book, 15 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, 29 min ago | 2.19 bp | 20.5 bp −$20 | 39.7 bp −$397 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 15 min ago | 6.61 bp | 81.9 bp −$82 | 167.9 bp −$1,679 | 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 | −5.854% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0530% | 1h | 0.2270 | −0.079% | $51K | $25K | 20x | as long as short |
| Bybit BERAUSDT | −0.0345% | 4h | 0.2273 | +0.044% | $3.1M | $4.1M | 25x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0328% | 1h | 0.2265 | −0.308% | $9K | $44K | 50x | as long as short |
| Variational Omni BERA | −0.0175% | 4h | 0.2270 | −0.104% | $84K | $49K | — | as long as short |
| OKX BERA-USDT-SWAP | +0.0084% | 4h | 0.2275 | +0.132% | $1.5M | $3.2M | 20x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2275 | +0.145% | $62K | $90K | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2280 | +0.343% | $2.9M | $920K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2272 | −0.011% | $13K | $24K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2278 | +0.264% | $5.6M | $13.6M | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Bybit BERAUSDT
Coinbase International BERA-PERP-INTX
Variational Omni BERA
OKX BERA-USDT-SWAP
Lighter BERA
Hyperliquid BERA
Aster BERAUSDT
Binance BERAUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2270 | −0.088% | $336K | $375K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2278 | +0.264% | $1.3M | $436K | 20x | as long as short |
| KuCoin BERAUSDTMshort | +0.0100% | 4h | 0.2268 | −0.176% | $540K | $229K | 50x | |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2276 | +0.176% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2273 | +0.044% | — | $6.6M | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2276 | +0.171% | $106K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | −0.088% | $32K | $458K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2271 | −0.044% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2271 | −0.022% | $368 | $6K | 5x | as long as short |
| BloFin BERA-USDTlong | +0.0106% | 4h | 0.2272 | long leg | $291K | $89K | 75x | |
| 01 Exchange BERAUSD | +0.0136% | 1h | 0.2271 | −0.044% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0190% | 1h | 0.2273 | +0.044% | $4K | $58K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2271 | −0.044% | $2K | — | 100x | as long as short |
| Backpack BERA_USDC_PERP | +0.0291% | 1h | 0.2274 | +0.088% | $37K | $149K | 5x | as long as short |
Gate BERA_USDT
MEXC BERA_USDT
Bitget BERAUSDT
BingX BERA-USDT
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