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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.1658%/8h= −181.5% APRpaid last 24h +6.158%
Price spread now: Kraken Futures against Binance−0.049%7-day average · you buy dearer than you sell
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+17.031%+$1,703 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$50 a day on $10k at the current rate, and Kraken Futures is 0.049% cheaper against Binance than usual: you would sell low and buy high (−$5 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 +17.031%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BERAUSDT0.22930.0100pay 0.0050% / 4h1h 30m$5.4M$9.4M50x
ShortKraken Futures PF_BERAUSD0.2292−0.1558pay 0.0195% / 1h30m 13s$51K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Binance. 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
−$348.08
Price spread: −0.049% → 0.000%
−$4.94
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$373.02
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 9 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 Binance live order book, 9 min ago2.19 bp19.0 bp −$1955.6 bp −$556doesn'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%1h0.2152−6.149%$2K$4K12xas long as short
Kraken Futures PF_BERAUSDshort−0.1558%1h0.2292−0.049%$51K$21K20x
BloFin BERA-USDT+0.0053%4h0.2286−0.305%$279K$75K75xas long as short
Orderly PERP_BERA_USDC+0.0093%4h0.2292−0.044%$9K$78710xas long as short
Lighter BERA+0.0096%1h0.2293−0.013%$65K$73K5xas long as short
Hyperliquid BERA+0.0100%1h0.2294+0.061%$2.9M$598K5xas long as short
Aster BERAUSDT+0.0100%4h0.22930.000%$15K$21K5xas long as short
Binance BERAUSDTlong+0.0100%4h0.2293long leg$5.4M$9.4M50x
Bybit BERAUSDT+0.0100%4h0.2290−0.131%$3.1M$2.2M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2290−0.131%$1.4M$2.0M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2292−0.044%$349K$262K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2292−0.044%$1.2M$327K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.22930.000%$549K$132K50xas long as short
Bitget BERAUSDT+0.0100%4h0.22930.000%$1.5M$765K50xas long as short
BingX BERA-USDT+0.0100%4h0.2290−0.131%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2292−0.048%$24K$206K5xas long as short
Variational Omni BERA+0.0100%4h0.2289−0.192%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2294+0.028%$113K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290−0.131%$52K$471K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2293−0.009%$369$6K5xas long as short
01 Exchange BERAUSD+0.0128%1h0.2291−0.087%$3K$8645xas long as short
Deribit BERA_USDC-PERPETUAL+0.0186%1h0.22930.000%$9K$46K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2292−0.055%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0600%1h0.2313+0.872%$20K$55K50xas long as short