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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0282%/8h= −30.9% APRpaid last 24h +8.140%
Price spread now: Kraken Futures against KuCoin+0.047%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 7 days+17.231%+$1,723 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.047% dearer against KuCoin than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 13 hours. Mind the row above: over the last 7 days funding on this pair paid +17.231%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BERAUSDTM0.22940.0100pay 0.0050% / 4h1h 12m$552K$231K50x
ShortKraken Futures PF_BERAUSD0.2295−0.0182pay 0.0023% / 1h12m 51s$51K$25K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against KuCoin. 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
−$59.17
Price spread: +0.047% → 0.000%
$4.71
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$76.45
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 10 min ago; 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 KuCoin live order book, 10 min ago10.86 bp81.8 bp −$82201.8 bp −$2,018doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
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 PERP−0.5000%1h0.2159−5.885%$2K$5K12xas long as short
Coinbase International BERA-PERP-INTX−0.0376%1h0.2290−0.174%$16K$54K50xas long as short
Kraken Futures PF_BERAUSDshort−0.0182%1h0.2295+0.047%$51K$25K20x
Lighter BERA+0.0096%1h0.2296+0.087%$62K$88K5xas long as short
Orderly PERP_BERA_USDC+0.0097%4h0.2296+0.087%$9K$88310xas long as short
Aster BERAUSDT+0.0100%4h0.2296+0.098%$15K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2298+0.155%$5.4M$14.1M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2293−0.044%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2295+0.044%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2295+0.044%$346K$393K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2295+0.044%$1.2M$438K20xas long as short
KuCoin BERAUSDTMlong+0.0100%4h0.2294long leg$552K$231K50x
Bitget BERAUSDT+0.0100%4h0.2297+0.131%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.22940.000%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2298+0.155%$84K$49Kas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2300+0.262%$34K$462K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2297+0.126%$379$6K5xas long as short
BloFin BERA-USDT+0.0122%4h0.2298+0.174%$215K$73K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2297+0.123%$2K100xas long as short
Hyperliquid BERA+0.0309%1h0.2301+0.296%$2.9M$917K5xas long as short
01 Exchange BERAUSD+0.0408%1h0.2299+0.218%$3K$3K5xas long as short
GRVT BERA_USDT_Perp+0.0424%4h0.2304+0.430%$116K$3.2M10xas long as short
Deribit BERA_USDC-PERPETUAL+0.0621%1h0.2298+0.174%$2K$55K25xas long as short
Backpack BERA_USDC_PERP+0.0914%1h0.2298+0.157%$35K$158K5xas long as short