Funding arb · Price arb /

BERA

all BERA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.1158%/8h= −126.8% APRpaid last 24h +8.677%

Price spread now: Kraken Futures against OKX−0.040%7-day average — · you buy dearer than you sell

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

Long on OKX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+17.237%+$1,724 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 −$35 a day on $10k at the current rate, and Kraken Futures is 0.040% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +17.237%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BERA-USDT-SWAP	0.2268	0.0100	pay 0.0050% / 4h	2h 22m	$1.5M	$3.2M	20x
Short	Kraken Futures PF_BERAUSD	0.2267	−0.1058	pay 0.0132% / 1h	22m 55s	$51K	$25K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against OKX. 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 OKXbpFee Kraken FuturesbpOrdersPrice spread, now −0.040%Rate

Funding earned: −$243.1
Price spread: −0.040% → 0.000%: −$3.97
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$267.07
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 4 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 4 min ago	2.20 bp	19.4 bp −$19	doesn't fit	doesn't fit	doesn'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 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	0.2134	−5.908%	$2K	$5K	12x	as long as short
Kraken Futures PF_BERAUSDshort	−0.1058%	1h	0.2267	−0.040%	$51K	$25K	20x
Coinbase International BERA-PERP-INTX	−0.0280%	1h	0.2234	−1.499%	$15K	$51K	50x	as long as short
Variational Omni BERA	+0.0028%	4h	0.2269	+0.050%	$83K	$49K	—	as long as short
Lighter BERA	+0.0096%	1h	0.2268	+0.022%	$61K	$89K	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2269	+0.039%	$15K	$26K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2268	+0.014%	$5.4M	$13.9M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2265	−0.132%	$3.0M	$4.1M	25x	as long as short
OKX BERA-USDT-SWAPlong	+0.0100%	4h	0.2268	long leg	$1.5M	$3.2M	20x
Gate BERA_USDT	+0.0100%	4h	0.2267	−0.044%	$340K	$386K	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BERA_USDT	+0.0100%	4h	0.2268	0.000%	$1.2M	$445K	20x	as long as short
KuCoin BERAUSDTM	+0.0100%	4h	0.2267	−0.044%	$539K	$230K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2266	−0.088%	$1.4M	$1.1M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2268	0.000%	—	$6.6M	—	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2270	+0.088%	$32K	$460K	50x	as long as short
Orderly PERP_BERA_USDC	+0.0100%	4h	0.2269	+0.044%	$9K	$883	10x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2268	−0.022%	$365	$6K	5x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2267	−0.060%	$2K	—	100x	as long as short
Hyperliquid BERA	+0.0343%	1h	0.2271	+0.123%	$2.9M	$923K	5x	as long as short
01 Exchange BERAUSD	+0.0456%	1h	0.2269	+0.044%	$3K	$3K	5x	as long as short
GRVT BERA_USDT_Perp	+0.0500%	4h	0.2273	+0.219%	$111K	$3.2M	10x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0632%	1h	0.2269	+0.044%	$4K	$56K	25x	as long as short
Backpack BERA_USDC_PERP	+0.1134%	1h	0.2270	+0.079%	$41K	$167K	5x	as long as short