Funding you earn now, next payment 06:00 UTC−0.0287%/8h= −31.5% APRpaid last 24h −0.036%
Price spread now: KuCoin against Hyperliquid−0.165%7-day average −0.065% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)+0.141%+$14 · spread now −0.165%, 7d avg −0.065%
=Together, before fees+0.169%+ Points / potential airdropHyperliquid: Season 2 · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.101% cheaper against Hyperliquid than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.065%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment. 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 | 0.2297 | 0.0387 | pay 0.0048% / 1h | 0m 11s | $2.9M | $592K | 5x |
| Short | KuCoin BERAUSDTM | 0.2293 | 0.0100 | get 0.0050% / 4h | 2h 00m | $555K | $127K | 50x |
Hyperliquid BERA
KuCoin BERAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$60.35
- Price spread: −0.165% → −0.065%
- −$10.05
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$91.4
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 1 min ago; KuCoin: live order book, 59 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 Hyperliquid live order book, 1 min ago | 0.65 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 59 min ago | 13.19 bp | 67.6 bp −$68 | 169.1 bp −$1,691 | doesn't fit | doesn't fit |
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 | 0.2156 | −6.130% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0761% | 1h | 0.2293 | −0.174% | $51K | $21K | 20x | as long as short |
| Orderly PERP_BERA_USDC | +0.0095% | 4h | 0.2293 | −0.165% | $9K | $787 | 10x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2294 | −0.131% | $65K | $73K | 5x | as long as short |
| BloFin BERA-USDT | +0.0097% | 4h | 0.2295 | −0.078% | $277K | $75K | 75x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2293 | −0.152% | $15K | $21K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2293 | −0.165% | $5.4M | $9.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2291 | −0.253% | $3.1M | $2.2M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2290 | −0.296% | $1.4M | $2.0M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2294 | −0.122% | $345K | $272K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Orderly PERP_BERA_USDC
Lighter BERA
BloFin BERA-USDT
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 | 0.2293 | −0.165% | $1.2M | $348K | 20x | as long as short |
| KuCoin BERAUSDTMshort | +0.0100% | 4h | 0.2293 | −0.165% | $555K | $127K | 50x | |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2294 | −0.122% | $1.5M | $757K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2293 | −0.165% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2293 | −0.161% | $28K | $149K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2292 | −0.206% | $84K | $50K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2293 | −0.163% | $106K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | −0.296% | $52K | $471K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2293 | −0.165% | $369 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0152% | 1h | 0.2293 | −0.165% | $3K | $864 | 5x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.0160% | 1h | 0.2299 | +0.096% | $20K | $57K | 50x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0186% | 1h | 0.2294 | −0.122% | $9K | $46K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2293 | −0.158% | $2K | — | 100x | as long as short |
| Hyperliquid BERAlong | +0.0387% | 1h | 0.2297 | long leg | $2.9M | $592K | 5x |
MEXC BERA_USDT
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
01 Exchange BERAUSD
Coinbase International BERA-PERP-INTX
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]