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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −11.0% APRpaid last 24h +9.500%
Price spread now: Kraken Futures against BingX+0.144%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+17.177%+$1,718 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 0.144% dearer against BingX than usual: you sell high and buy low (spread +0.144% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.8 days. Mind the row above: over the last 7 days funding on this pair paid +17.177%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BERA-USDT0.22680.0100pay 0.0050% / 4h1h 06m$6.6M
ShortKraken Futures PF_BERAUSD0.22710.0000pay 0.0000% / 1h6m 12s$51K$24K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BingX. 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
−$21.06
Price spread: +0.144% → 0.000%
$14.44
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$26.62
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 11 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 BingX live order book, 11 min ago4.42 bp19.6 bp −$2043.8 bp −$438545.3 bp −$54.5Kdoesn'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%1h0.2132−5.996%$2K$4K12xas long as short
Coinbase International BERA-PERP-INTX−0.0320%1h0.2259−0.397%$9K$45K50xas long as short
Kraken Futures PF_BERAUSDshort0.0000%1h0.2271+0.144%$51K$24K20x
BloFin BERA-USDT+0.0083%4h0.2269+0.044%$288K$88K75xas long as short
Lighter BERA+0.0096%1h0.2272+0.159%$63K$89K5xas long as short
Aster BERAUSDT+0.0100%4h0.2269+0.054%$13K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2272+0.184%$5.5M$13.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.22680.000%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2269+0.044%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2266−0.088%$335K$395K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2271+0.132%$1.2M$434K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.22680.000%$547K$222K50xas long as short
Bitget BERAUSDT+0.0100%4h0.22680.000%$1.5M$1.1M50xas long as short
BingX BERA-USDTlong+0.0100%4h0.2268long leg$6.6M
Variational Omni BERA+0.0100%4h0.2261−0.300%$83K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2269+0.028%$105K$2.7M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2260−0.353%$32K$458K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2272+0.176%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2271+0.132%$372$6K5xas long as short
01 Exchange BERAUSD+0.0176%1h0.2271+0.132%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0190%1h0.2273+0.220%$4K$62K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2271+0.154%$2K100xas long as short
Hyperliquid BERA+0.0468%1h0.2276+0.340%$2.9M$946K5xas long as short
Backpack BERA_USDC_PERP+0.0790%1h0.2274+0.256%$37K$149K5xas long as short