Funding you earn now, next payment 12:00 UTC−0.6733%/8h= −737.3% APRpaid last 24h −3.684%
Price spread now: BloFin against Kraken Futures−0.229%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−16.827%−$1,683 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$202 a day on $10k at the current rate, and BloFin is 0.229% cheaper against Kraken Futures than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 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 | Kraken Futures PF_BERAUSD | 0.2236 | 0.6892 | pay 0.0862% / 1h | 52m 11s | $50K | $33K | 20x |
| Short | BloFin BERA-USDT | 0.2231 | 0.0159 | get 0.0080% / 4h | 52m 11s | $265K | $77K | 75x |
Kraken Futures PF_BERAUSD
BloFin BERA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kraken Futures. 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
- −$1,414
- Price spread: −0.229% → 0.000%
- −$22.92
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1,458.92
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 47 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 47 min ago | 2.22 bp | 10.8 bp −$11 | 32.4 bp −$324 | doesn't fit | doesn't fit |
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 exchanges
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 | 0.2101 | −6.043% | $2K | $4K | 12x | as long as short |
| 01 Exchange BERAUSD | −0.0168% | 1h | 0.2232 | −0.184% | $3K | $850 | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2234 | −0.095% | $1K | $36K | 25x | as long as short |
| Orderly PERP_BERA_USDC | +0.0078% | 4h | 0.2233 | −0.140% | $8K | $540 | 10x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2234 | −0.091% | $64K | $67K | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2236 | −0.019% | $2.4M | $1.0M | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2233 | −0.121% | $13K | $19K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2234 | −0.095% | $5.2M | $8.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2232 | −0.184% | $2.9M | $1.9M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2233 | −0.140% | $1.3M | $1.9M | 20x | as long as short |
Injective BERA/USDC PERP
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
Orderly PERP_BERA_USDC
Lighter BERA
Hyperliquid BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAPShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2232 | −0.184% | $319K | $239K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2233 | −0.140% | $1.2M | $287K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2233 | −0.140% | $519K | $144K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2233 | −0.140% | $1.4M | $798K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2233 | −0.140% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2235 | −0.041% | $23K | $219K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2232 | −0.189% | $80K | $51K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2238 | +0.098% | $105K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2240 | +0.173% | $38K | $486K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2234 | −0.099% | $347 | $6K | 5x | as long as short |
| BloFin BERA-USDTshort | +0.0159% | 4h | 0.2231 | −0.229% | $265K | $77K | 75x | |
| GMX BERA/USD [ETH-USDC] | L +0.0205% / S −0.0592% | 1h | 0.2234 | −0.093% | $2K | — | 100x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.0880% | 1h | 0.2245 | +0.397% | $16K | $50K | 50x | as long as short |
| Kraken Futures PF_BERAUSDlong | +0.6892% | 1h | 0.2236 | long leg | $50K | $33K | 20x |
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTX