Funding you earn now, next payment 05:00 UTC−0.1627%/8h= −178.1% APRpaid last 24h +7.132%
Price spread now: Kraken Futures against Gate+0.214%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+17.079%+$1,708 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 0.214% dearer against Gate than usual: you sell high and buy low (spread +0.214% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$49 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +17.079%, so the current rate has only just turned against you. The two prices were read 51 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 | Gate BERA_USDT | 0.2295 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $370K | $277K | 50x |
| Short | Kraken Futures PF_BERAUSD | 0.2300 | −0.1527 | pay 0.0191% / 1h | 12m 24s | $51K | $25K | 20x |
Gate BERA_USDT
Kraken Futures PF_BERAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- −$341.57
- Price spread: +0.214% → 0.000%
- $21.38
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$345.19
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 38 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 Gate live order book, 38 min ago | 6.46 bp | 163.0 bp −$163 | doesn't fit | 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 | 0.2162 | −5.795% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSDshort | −0.1527% | 1h | 0.2300 | +0.214% | $51K | $25K | 20x | |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2310 | +0.654% | $21K | $60K | 50x | as long as short |
| BloFin BERA-USDT | +0.0086% | 4h | 0.2297 | +0.087% | $283K | $73K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2298 | +0.139% | $65K | $84K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2296 | +0.052% | $16K | $21K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2295 | +0.009% | $5.4M | $10.0M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2292 | −0.131% | $3.1M | $2.5M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2291 | −0.174% | $1.5M | $2.2M | 20x | as long as short |
| Gate BERA_USDTlong | +0.0100% | 4h | 0.2295 | long leg | $370K | $277K | 50x |
Injective BERA/USDC PERP
Coinbase International BERA-PERP-INTX
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2295 | 0.000% | $1.2M | $381K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2296 | +0.044% | $551K | $132K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2295 | 0.000% | $1.5M | $801K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2294 | −0.044% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2298 | +0.144% | $28K | $151K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2298 | +0.135% | $84K | $52K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2304 | +0.392% | $109K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2300 | +0.218% | $40K | $445K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2295 | 0.000% | $9K | $937 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2298 | +0.131% | $372 | $6K | 5x | as long as short |
| Hyperliquid BERA | +0.0134% | 1h | 0.2299 | +0.166% | $2.9M | $611K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0160% | 1h | 0.2295 | 0.000% | $3K | $864 | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0163% / S −0.0057% | 1h | 0.2296 | +0.027% | $4K | — | 100x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0185% | 1h | 0.2299 | +0.174% | $3K | $45K | 25x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
Hyperliquid BERA
01 Exchange BERAUSD
GMX BERA/USD [ETH-USDC]
Deribit BERA_USDC-PERPETUAL