Funding you earn now, next payment 07:00 UTC−0.1660%/8h= −181.8% APRpaid last 24h +6.166%
Price spread now: Kraken Futures against Bybit+0.257%54s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+17.091%+$1,709 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.257% dearer against Bybit than usual: you sell high and buy low (spread +0.257% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$50 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 7 days funding on this pair paid +17.091%, so the current rate has only just turned against you. The two prices were read 54 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 | Bybit BERAUSDT | 0.2282 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $3.1M | $2.2M | 25x |
| Short | Kraken Futures PF_BERAUSD | 0.2288 | −0.1560 | pay 0.0195% / 1h | 36m 19s | $51K | $21K | 20x |
Bybit BERAUSDT
Kraken Futures PF_BERAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. 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
- −$348.65
- Price spread: +0.257% → 0.000%
- $25.68
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$343.97
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 4.38 bp | 32.7 bp −$33 | 78.1 bp −$781 | 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 | 0.2150 | −5.784% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSDshort | −0.1560% | 1h | 0.2288 | +0.257% | $51K | $21K | 20x | |
| BloFin BERA-USDT | +0.0084% | 4h | 0.2287 | +0.219% | $279K | $75K | 75x | as long as short |
| Orderly PERP_BERA_USDC | +0.0093% | 4h | 0.2284 | +0.088% | $9K | $787 | 10x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2286 | +0.180% | $65K | $73K | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2287 | +0.219% | $2.9M | $598K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2285 | +0.134% | $15K | $21K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2284 | +0.088% | $5.4M | $9.5M | 50x | as long as short |
| Bybit BERAUSDTlong | +0.0100% | 4h | 0.2282 | long leg | $3.1M | $2.2M | 25x | |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2282 | 0.000% | $1.4M | $2.0M | 20x | as long as short |
Injective BERA/USDC PERP
BloFin BERA-USDT
Orderly PERP_BERA_USDC
Lighter BERA
Hyperliquid BERA
Aster BERAUSDT
Binance BERAUSDT
OKX BERA-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2284 | +0.088% | $348K | $262K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2285 | +0.131% | $1.2M | $326K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2286 | +0.175% | $547K | $132K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2286 | +0.175% | $1.5M | $762K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2285 | +0.131% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2286 | +0.180% | $24K | $205K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2285 | +0.136% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2291 | +0.394% | $108K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | +0.351% | $52K | $471K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2288 | +0.259% | $368 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0128% | 1h | 0.2284 | +0.088% | $3K | $864 | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0187% | 1h | 0.2288 | +0.263% | $9K | $46K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2284 | +0.098% | $2K | — | 100x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.0600% | 1h | 0.2313 | +1.358% | $20K | $55K | 50x | as long as short |
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTX