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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.4233%/8h= +463.5% APRnext payment +$5.29 per $10,000 · paid last 24h +8.073%
Price spread now: Kraken Futures against Injective+6.564%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$127 a day on $10k at the current rate, and Kraken Futures is 6.564% dearer against Injective than usual: you sell high and buy low: +$656 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BERA/USDC PERP0.2136−0.5000get 0.0625% / 1h18m 46s$2K$4K12x
ShortKraken Futures PF_BERAUSD0.2276−0.0767pay 0.0096% / 1h18m 46s$51K$24K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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
$888.97
Price spread: +6.564% → 0.000%
$656.43
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$1,535.38
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Kraken Futures no order-book sample
Injective and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BERA/USDC PERPlong−0.5000%1h0.2136long leg$2K$4K12x
Kraken Futures PF_BERAUSDshort−0.0767%1h0.2276+6.564%$51K$24K20x
BloFin BERA-USDT+0.0059%4h0.2276+6.554%$279K$71K75xas long as short
Orderly PERP_BERA_USDC+0.0095%4h0.2278+6.648%$9K$78710xas long as short
Lighter BERA+0.0096%1h0.2277+6.592%$65K$73K5xas long as short
Aster BERAUSDT+0.0100%4h0.2277+6.618%$15K$22K5xas long as short
Binance BERAUSDT+0.0100%4h0.2277+6.601%$5.4M$9.6M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2275+6.507%$3.0M$2.3M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2275+6.507%$1.4M$2.0M20xas long as short
Gate BERA_USDT+0.0100%4h0.2274+6.461%$343K$271K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2278+6.648%$1.2M$347K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2274+6.461%$550K$127K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2275+6.507%$1.5M$769K50xas long as short
BingX BERA-USDT+0.0100%4h0.2275+6.507%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2280+6.760%$27K$150K5xas long as short
Variational Omni BERA+0.0100%4h0.2265+6.021%$83K$51Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2256+5.613%$105K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2260+5.805%$39K$457K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2278+6.648%$364$6K5xas long as short
01 Exchange BERAUSD+0.0136%1h0.2278+6.648%$3K$8645xas long as short
Coinbase International BERA-PERP-INTX+0.0160%1h0.2282+6.835%$20K$58K50xas long as short
Deribit BERA_USDC-PERPETUAL+0.0189%1h0.2279+6.695%$9K$51K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2278+6.658%$2K100xas long as short
Hyperliquid BERA+0.0387%1h0.2282+6.831%$2.9M$592K5xas long as short