Funding you earn now, next payment 05:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h +0.115%
Price spread now: KuCoin against Coinbase International−1.043%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.130%+$13 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 −$2 a day on $10k at the current rate, and KuCoin is 1.043% cheaper against Coinbase International than usual: you would sell low and buy high (−$104 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 +0.130%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BERA-PERP-INTX | 0.2302 | 0.0160 | pay 0.0020% / 1h | 36m 54s | $20K | $61K | 50x |
| Short | KuCoin BERAUSDTM | 0.2278 | 0.0100 | get 0.0050% / 4h | 2h 36m | $551K | $130K | 50x |
Coinbase International BERA-PERP-INTX
KuCoin BERAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Coinbase International. 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
- −$12.6
- Price spread: −1.043% → 0.000%
- −$104.26
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$138.86
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; KuCoin: live order book, 22 min ago. 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 22 min ago | 13.19 bp | 67.6 bp −$68 | 169.1 bp −$1,691 | doesn't fit | doesn't fit |
Coinbase International: 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 | 0.2140 | −7.037% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0767% | 1h | 0.2277 | −1.106% | $51K | $25K | 20x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2279 | −0.982% | $65K | $73K | 5x | as long as short |
| Orderly PERP_BERA_USDC | +0.0098% | 4h | 0.2278 | −1.043% | $9K | $787 | 10x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2277 | −1.065% | $15K | $22K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2280 | −0.956% | $5.4M | $9.8M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2278 | −1.043% | $3.0M | $2.4M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2281 | −0.912% | $1.4M | $2.1M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2277 | −1.086% | $356K | $259K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2279 | −0.999% | $1.2M | $345K | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Lighter BERA
Orderly PERP_BERA_USDC
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTMshort | +0.0100% | 4h | 0.2278 | −1.043% | $551K | $130K | 50x | |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2279 | −0.999% | $1.5M | $770K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2278 | −1.043% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2282 | −0.869% | $27K | $151K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2272 | −1.298% | $84K | $52K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2271 | −1.341% | $104K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | −1.390% | $39K | $452K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2278 | −1.060% | $368 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0140% | 4h | 0.2275 | −1.173% | $282K | $70K | 75x | as long as short |
| 01 Exchange BERAUSD | +0.0144% | 1h | 0.2275 | −1.173% | $3K | $864 | 5x | as long as short |
| Coinbase International BERA-PERP-INTXlong | +0.0160% | 1h | 0.2302 | long leg | $20K | $61K | 50x | |
| Deribit BERA_USDC-PERPETUAL | +0.0189% | 1h | 0.2279 | −0.999% | $9K | $51K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0202% / S −0.0578% | 1h | 0.2278 | −1.021% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0378% | 1h | 0.2286 | −0.712% | $2.9M | $596K | 5x | as long as short |
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
BloFin BERA-USDT
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA