Settings8H · net · $10k
Funding arb · Price arb /

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.2139%/8h= −234.2% APRnext payment $2.67 per $10,000 · paid last 24h +7.654%
Price spread now: Kraken Futures against Deribit−0.009%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+17.602%+$1,760 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$64 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +17.602%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit BERA_USDC-PERPETUAL0.23080.0617pay 0.0077% / 1h57m 41s$3K$53K25x
ShortKraken Futures PF_BERAUSD0.2308−0.1521pay 0.0190% / 1h57m 41s$52K$25K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Deribit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$449.11
Price spread: −0.009% → 0.000%
−$0.89
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$466.99
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Kraken Futures no order-book sample
Deribit and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BERA/USDC PERP−0.5000%1h0.2323+0.650%$2K$3K12xas long as short
Kraken Futures PF_BERAUSDshort−0.1521%1h0.2308−0.009%$52K$25K20x
Coinbase International BERA-PERP-INTX−0.0304%1h0.2300−0.347%$15K$51K50xas long as short
Lighter BERA+0.0096%1h0.2309+0.043%$62K$77K5xas long as short
Hyperliquid BERA+0.0100%1h0.2313+0.230%$2.9M$697K5xas long as short
Aster BERAUSDT+0.0100%4h0.2308+0.004%$15K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2309+0.043%$5.4M$12.8M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2306−0.087%$3.1M$3.5M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2306−0.087%$1.5M$2.7M20xas long as short
Gate BERA_USDT+0.0100%4h0.23080.000%$375K$269K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.23080.000%$1.2M$377K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2307−0.043%$552K$220K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2307−0.043%$1.5M$950K50xas long as short
BingX BERA-USDT+0.0100%4h0.2307−0.043%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2308−0.004%$28K$158K5xas long as short
Variational Omni BERA+0.0100%4h0.2305−0.126%$84K$49Kas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2310+0.087%$51K$440K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.23080.000%$9K$93710xas long as short
SoDEX BERA-USD+0.0100%1h0.2306−0.069%$371$6K5xas long as short
BloFin BERA-USDT+0.0121%4h0.2309+0.043%$283K$76K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0179% / S −0.0067%1h0.2306−0.087%$4K100xas long as short
01 Exchange BERAUSD+0.0232%1h0.2306−0.087%$3K$3K5xas long as short
GRVT BERA_USDT_Perp+0.0292%4h0.2312+0.169%$116K$3.2M10xas long as short
Deribit BERA_USDC-PERPETUALlong+0.0617%1h0.2308long leg$3K$53K25x