Settings8H · net · $10k
Funding arb · Price arb /

BERA

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +11.0% APRnext payment +$0.13 per $10,000 · paid last 24h −0.086%
Price spread now: 01 Exchange against Hyperliquid−0.115%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding pays, the price is against you. 01 Exchange is 0.115% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.115% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 3.8 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid BERA0.22540.0340pay 0.0042% / 1h10m 33s$2.9M$925K5x
Short01 Exchange BERAUSD0.22510.0440get 0.0055% / 1h10m 33s$3K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Hyperliquid. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21.05
Price spread: −0.115% → 0.000%
−$11.54
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$6.49
Costs to cover
0.160%
Break-even
9.2 days
Slippage unknown: Hyperliquid: live order book, 1 min ago; 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 1 min ago1.55 bp13.0 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BERA/USDC PERP−0.5000%1h0.2117−6.061%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.1066%1h0.2249−0.220%$50K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0280%1h0.2234−0.870%$15K$51K50xas long as short
Lighter BERA+0.0096%1h0.2248−0.231%$61K$89K5xas long as short
Aster BERAUSDT+0.0100%4h0.2252−0.071%$15K$26K5xas long as short
Binance BERAUSDT+0.0100%4h0.2251−0.115%$5.3M$14.0M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2247−0.293%$3.0M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2249−0.204%$1.4M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2250−0.160%$336K$389K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2250−0.160%$1.2M$447K20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2249−0.204%$536K$232K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2250−0.160%$1.4M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2251−0.115%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2247−0.310%$83K$48Kas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2260+0.284%$32K$458K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2250−0.160%$8K$88310xas long as short
SoDEX BERA-USD+0.0100%1h0.2251−0.133%$364$6K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0194%1h0.2251−0.115%$4K$54K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2249−0.192%$2K100xas long as short
Hyperliquid BERAlong+0.0340%1h0.2254long leg$2.9M$925K5x
01 Exchange BERAUSDshort+0.0440%1h0.2251−0.115%$3K$3K5x
GRVT BERA_USDT_Perp+0.0444%4h0.2255+0.062%$111K$3.1M10xas long as short
Backpack BERA_USDC_PERP+0.1096%1h0.2253−0.022%$40K$167K5xas long as short