Funding you earn now, next payment 02:00 UTC+0.1396%/8h= +152.9% APRnext payment +$1.75 per $10,000 · paid last 24h −8.619%
Price spread now: Hyperliquid against Kraken Futures+0.297%50s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−17.302%−$1,730 on $10k
+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 for this trade now. Funding pays +$42 a day on $10k at the current rate, and Hyperliquid is 0.297% dearer against Kraken Futures than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −17.302%, so the current rate has only just turned in your favour. The two prices were read 50 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 | 0.2256 | −0.1063 | get 0.0133% / 1h | 31m 21s | $51K | $25K | 20x |
| Short | Hyperliquid BERA | 0.2263 | 0.0333 | get 0.0042% / 1h | 31m 21s | $2.9M | $924K | 5x |
Kraken Futures PF_BERAUSD
Hyperliquid BERAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $293.18
- Price spread: +0.297% → 0.000%
- $29.75
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $303.93
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 10 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 Hyperliquid live order book, 10 min ago | 0.44 bp | 13.1 bp −$13 | doesn't fit | 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 23 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 | 0.2127 | −5.722% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSDlong | −0.1063% | 1h | 0.2256 | long leg | $51K | $25K | 20x | |
| Coinbase International BERA-PERP-INTX | −0.0280% | 1h | 0.2234 | −0.979% | $15K | $51K | 50x | as long as short |
| Variational Omni BERA | −0.0041% | 4h | 0.2255 | −0.064% | $83K | $49K | — | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2258 | +0.107% | $61K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2256 | −0.011% | $15K | $26K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2260 | +0.173% | $5.4M | $13.9M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2256 | −0.004% | $3.0M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2257 | +0.040% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2257 | +0.040% | $333K | $379K | 50x | as long as short |
Injective BERA/USDC PERP
Coinbase International BERA-PERP-INTX
Variational Omni BERA
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2259 | +0.129% | $1.2M | $443K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2256 | −0.004% | $536K | $229K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2258 | +0.085% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2257 | +0.040% | — | $6.6M | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2250 | −0.270% | $32K | $464K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2258 | +0.085% | $9K | $883 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2260 | +0.151% | $364 | $6K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2259 | +0.126% | $2K | — | 100x | as long as short |
| GRVT BERA_USDT_Perp | +0.0332% | 4h | 0.2259 | +0.130% | $115K | $3.1M | 10x | as long as short |
| Hyperliquid BERAshort | +0.0333% | 1h | 0.2263 | +0.297% | $2.9M | $924K | 5x | |
| 01 Exchange BERAUSD | +0.0400% | 1h | 0.2262 | +0.262% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0635% | 1h | 0.2261 | +0.218% | $4K | $56K | 25x | as long as short |
| Backpack BERA_USDC_PERP | +0.1012% | 1h | 0.2262 | +0.253% | $42K | $166K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
GMX BERA/USD [ETH-USDC]
GRVT BERA_USDT_Perp
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
Backpack BERA_USDC_PERP