Funding you earn now, next payment 22:00 UTC−0.0777%/8h= −85.0% APRnext payment −$0.97 per $10,000 · paid last 24h −0.127%
Price spread now: Coinbase International against Hyperliquid−0.995%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−0.037%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Coinbase International is 0.995% cheaper against Hyperliquid than usual: you would sell low and buy high (−$99 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.037% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.97 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BERA | 0.2282 | 0.0457 | pay 0.0057% / 1h | 2m 15s | $2.9M | $946K | 5x |
| Short | Coinbase International BERA-PERP-INTX | 0.2259 | −0.0320 | pay 0.0040% / 1h | 2m 15s | $9K | $45K | 50x |
Hyperliquid BERA
Coinbase International BERA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Hyperliquid. 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
- −$163.09
- Price spread: −0.995% → 0.000%
- −$99.49
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$281.57
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Coinbase International: 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 Hyperliquid live order book, 9 min ago | 1.54 bp | 15.2 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
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 | 0.2139 | −6.254% | $2K | $4K | 12x | as long as short |
| Coinbase International BERA-PERP-INTXshort | −0.0320% | 1h | 0.2259 | −0.995% | $9K | $45K | 50x | |
| Kraken Futures PF_BERAUSD | 0.0000% | 1h | 0.2280 | −0.066% | $51K | $24K | 20x | as long as short |
| BloFin BERA-USDT | +0.0044% | 4h | 0.2273 | −0.381% | $287K | $88K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2278 | −0.153% | $63K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2277 | −0.206% | $13K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2279 | −0.118% | $5.5M | $13.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2277 | −0.206% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2275 | −0.294% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2276 | −0.250% | $336K | $395K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2277 | −0.206% | $1.2M | $434K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2275 | −0.294% | $549K | $223K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2276 | −0.250% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2278 | −0.162% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2266 | −0.680% | $83K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2272 | −0.437% | $105K | $2.7M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2260 | −0.951% | $32K | $459K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2277 | −0.206% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2278 | −0.167% | $373 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0184% | 1h | 0.2278 | −0.162% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0189% | 1h | 0.2279 | −0.118% | $4K | $62K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2278 | −0.181% | $2K | — | 100x | as long as short |
| Hyperliquid BERAlong | +0.0457% | 1h | 0.2282 | long leg | $2.9M | $946K | 5x | |
| Backpack BERA_USDC_PERP | +0.0822% | 1h | 0.2277 | −0.219% | $37K | $149K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP