BERA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0191%/8h= +21.0% APRnext payment +$0.24 per $10,000 · paid last 24h −9.545%

Price spread now: Deribit against Kraken Futures−0.062%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−17.703%−$1,770 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Deribit is 0.062% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.062% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 26 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −17.703%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_BERAUSD	0.2269	0.0000	get 0.0000% / 1h	8m 48s	$51K	$24K	20x
Short	Deribit BERA_USDC-PERPETUAL	0.2268	0.0191	get 0.0024% / 1h	8m 48s	$4K	$62K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee DeribitbpOrdersPrice spread, now −0.062%Rate

Funding earned: $40.19
Price spread: −0.062% → 0.000%: −$6.18
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $17.01
Costs to cover: 0.170%
Break-even: 4.0 days

Slippage unknown: Kraken Futures: no order-book sample; Deribit: 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

Kraken Futures and Deribit: 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	0.2131	−6.099%	$2K	$4K	12x	as long as short
Coinbase International BERA-PERP-INTX	−0.0320%	1h	0.2259	−0.458%	$9K	$45K	50x	as long as short
Kraken Futures PF_BERAUSDlong	0.0000%	1h	0.2269	long leg	$51K	$24K	20x
BloFin BERA-USDT	+0.0058%	4h	0.2266	−0.150%	$288K	$88K	75x	as long as short
Lighter BERA	+0.0096%	1h	0.2268	−0.071%	$62K	$89K	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2268	−0.051%	$13K	$27K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2270	+0.008%	$5.5M	$13.5M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2266	−0.150%	$3.1M	$4.1M	25x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2266	−0.150%	$1.5M	$3.2M	20x	as long as short
Gate BERA_USDT	+0.0100%	4h	0.2266	−0.150%	$335K	$394K	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BERA_USDT	+0.0100%	4h	0.2269	−0.018%	$1.2M	$433K	20x	as long as short
KuCoin BERAUSDTM	+0.0100%	4h	0.2266	−0.150%	$547K	$222K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2268	−0.062%	$1.5M	$1.1M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2266	−0.150%	—	$6.6M	—	as long as short
Variational Omni BERA	+0.0100%	4h	0.2261	−0.362%	$83K	$49K	—	as long as short
GRVT BERA_USDT_Perp	+0.0100%	4h	0.2266	−0.150%	$114K	$2.8M	10x	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2260	−0.414%	$32K	$457K	50x	as long as short
Orderly PERP_BERA_USDC	+0.0100%	4h	0.2267	−0.106%	$9K	$1K	10x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2267	−0.106%	$371	$6K	5x	as long as short
01 Exchange BERAUSD	+0.0176%	1h	0.2268	−0.062%	$4K	$2K	5x	as long as short
Deribit BERA_USDC-PERPETUALshort	+0.0191%	1h	0.2268	−0.062%	$4K	$62K	25x
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2268	−0.083%	$2K	—	100x	as long as short
Hyperliquid BERA	+0.0470%	1h	0.2273	+0.145%	$2.9M	$946K	5x	as long as short
Backpack BERA_USDC_PERP	+0.0766%	1h	0.2270	+0.044%	$37K	$149K	5x	as long as short