Funding you earn now, next payment 22:00 UTC−0.0805%/8h= −88.1% APRnext payment −$1.01 per $10,000 · paid last 24h −0.018%
Price spread now: SoDEX against Hyperliquid−0.281%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+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 −$24 a day on $10k at the current rate, and SoDEX is 0.281% cheaper against Hyperliquid than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 | Hyperliquid BERA | 0.2280 | 0.0905 | pay 0.0113% / 1h | 56m 32s | $2.9M | $1.0M | 5x |
| Short | SoDEX BERA-USD | 0.2274 | 0.0100 | get 0.0013% / 1h | 56m 32s | $373 | $6K | 5x |
Hyperliquid BERA
SoDEX BERA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$169.03
- Price spread: −0.281% → 0.000%
- −$28.07
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$214.1
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; SoDEX: 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, 5 min ago | 1.75 bp | 18.4 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | 0.2140 | −6.149% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0564% | 1h | 0.2272 | −0.381% | $51K | $27K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2271 | −0.403% | $10K | $47K | 50x | as long as short |
| 01 Exchange BERAUSD | −0.0080% | 1h | 0.2275 | −0.228% | $4K | $2K | 5x | as long as short |
| Variational Omni BERA | +0.0067% | 4h | 0.2277 | −0.139% | $84K | $53K | — | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2276 | −0.197% | $63K | $93K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2276 | −0.178% | $13K | $28K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2276 | −0.178% | $5.5M | $13.8M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2272 | −0.360% | $3.1M | $4.2M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2273 | −0.316% | $1.5M | $3.3M | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
01 Exchange BERAUSD
Variational Omni BERA
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2275 | −0.228% | $340K | $387K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2276 | −0.184% | $1.2M | $433K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2271 | −0.403% | $550K | $221K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2276 | −0.184% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2272 | −0.360% | — | $6.6M | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2281 | +0.056% | $107K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2280 | −0.009% | $32K | $458K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2273 | −0.316% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USDshort | +0.0100% | 1h | 0.2274 | −0.281% | $373 | $6K | 5x | |
| BloFin BERA-USDT | +0.0130% | 4h | 0.2272 | −0.360% | $220K | $95K | 75x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0190% | 1h | 0.2275 | −0.228% | $4K | $64K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2275 | −0.238% | $2K | — | 100x | as long as short |
| Backpack BERA_USDC_PERP | +0.0454% | 1h | 0.2276 | −0.206% | $37K | $159K | 5x | as long as short |
| Hyperliquid BERAlong | +0.0905% | 1h | 0.2280 | long leg | $2.9M | $1.0M | 5x |
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
BloFin BERA-USDT
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP