Funding you earn now, next payment 05:00 UTC−0.1630%/8h= −178.5% APRpaid last 24h +7.122%
Price spread now: Kraken Futures against GRVT−0.251%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+17.067%+$1,707 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$49 a day on $10k at the current rate, and Kraken Futures is 0.251% cheaper against GRVT than usual: you would sell low and buy high (−$25 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 +17.067%, 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 | GRVT BERA_USDT_Perp | 0.2301 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $109K | $3.0M | 10x |
| Short | Kraken Futures PF_BERAUSD | 0.2295 | −0.1530 | pay 0.0191% / 1h | 9m 22s | $51K | $25K | 20x |
GRVT BERA_USDT_Perp
Kraken Futures PF_BERAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against GRVT. 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
- −$342.28
- Price spread: −0.251% → 0.000%
- −$25.1
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$386.38
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 4 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 GRVT live order book, 4 min ago | 2.17 bp | 31.4 bp −$31 | 159.8 bp −$1,598 | 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 | 0.2159 | −6.154% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSDshort | −0.1530% | 1h | 0.2295 | −0.251% | $51K | $25K | 20x | |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2310 | +0.410% | $21K | $60K | 50x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2296 | −0.186% | $65K | $84K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2293 | −0.351% | $16K | $21K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2291 | −0.416% | $5.4M | $9.9M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2288 | −0.547% | $3.1M | $2.4M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2288 | −0.547% | $1.5M | $2.1M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2293 | −0.329% | $369K | $278K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2292 | −0.373% | $1.2M | $381K | 20x | as long as short |
Injective BERA/USDC PERP
Coinbase International BERA-PERP-INTX
Lighter BERA
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 BERAUSDTM | +0.0100% | 4h | 0.2293 | −0.329% | $550K | $132K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2294 | −0.286% | $1.5M | $795K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2291 | −0.416% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2295 | −0.251% | $28K | $147K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2291 | −0.413% | $84K | $52K | — | as long as short |
| GRVT BERA_USDT_Perplong | +0.0100% | 4h | 0.2301 | long leg | $109K | $3.0M | 10x | |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2300 | −0.025% | $40K | $447K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2291 | −0.416% | $9K | $937 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2295 | −0.260% | $371 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0132% | 4h | 0.2297 | −0.156% | $283K | $73K | 75x | as long as short |
| Hyperliquid BERA | +0.0133% | 1h | 0.2297 | −0.169% | $2.9M | $602K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0160% | 1h | 0.2293 | −0.329% | $3K | $864 | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0161% / S −0.0056% | 1h | 0.2291 | −0.417% | $4K | — | 100x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0186% | 1h | 0.2295 | −0.242% | $3K | $45K | 25x | as long as short |
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
BloFin BERA-USDT
Hyperliquid BERA
01 Exchange BERAUSD
GMX BERA/USD [ETH-USDC]
Deribit BERA_USDC-PERPETUAL