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

BERA

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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 Bitget+0.457%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 0.457% dearer against Bitget than usual: you sell high and buy low (spread +0.457% now, against zero (this spread has no 7-day history yet)): +$46 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 15 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
LongBitget BERAUSDT0.22640.0100pay 0.0050% / 4h1h 15m$1.4M$1.1M50x
ShortKraken Futures PF_BERAUSD0.22740.0000pay 0.0000% / 1h15m 05s$51K$25K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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: +0.457% → 0.000%
$45.75
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$2.69
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Bitget: live order book, 2 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 Bitget live order book, 2 min ago4.41 bp22.1 bp −$22106.3 bp −$1,063doesn'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%1h0.2129−5.963%$2K$4K12xas long as short
Coinbase International BERA-PERP-INTX−0.0320%1h0.2259−0.221%$9K$45K50xas long as short
Kraken Futures PF_BERAUSDshort0.0000%1h0.2274+0.457%$51K$25K20x
BloFin BERA-USDT+0.0060%4h0.2262−0.088%$288K$87K75xas long as short
Lighter BERA+0.0096%1h0.2265+0.031%$62K$89K5xas long as short
Aster BERAUSDT+0.0100%4h0.2264−0.021%$13K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2265+0.035%$5.5M$13.6M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2261−0.133%$3.0M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2261−0.133%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2263−0.044%$334K$394K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2263−0.044%$1.2M$433K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2261−0.133%$546K$221K50xas long as short
Bitget BERAUSDTlong+0.0100%4h0.2264long leg$1.4M$1.1M50x
BingX BERA-USDT+0.0100%4h0.2263−0.044%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2259−0.211%$83K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2267+0.141%$115K$2.7M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2260−0.177%$32K$457K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2263−0.044%$8K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2265+0.022%$371$6K5xas long as short
01 Exchange BERAUSD+0.0176%1h0.2263−0.044%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0192%1h0.2265+0.044%$4K$62K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0205% / S −0.0592%1h0.2264−0.019%$2K100xas long as short
Hyperliquid BERA+0.0473%1h0.2269+0.216%$2.9M$948K5xas long as short
Backpack BERA_USDC_PERP+0.0759%1h0.2266+0.088%$36K$149K5xas long as short