Funding you earn now, next payment 04:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%
Price spread now: KuCoin against BloFin−0.751%620s7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2142.144% of the position
Funding, last 7 days−0.156%−$16 on $10k
+Price spread, last 3 days (all we have)+0.734%+$73 · spread now −0.751%, 7d avg −0.046%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.705% cheaper against BloFin than usual: you would sell low and buy high (−$71 if the spread goes back to its 7-day average of −0.046%). Swap the legs. The two prices were read 620 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BERA-USDT | 0.2263 | 0.0124 | pay 0.0062% / 4h | 2h 38m | $289K | $88K | 75x |
| Short | KuCoin BERAUSDTM | 0.2246 | 0.0100 | get 0.0050% / 4h | 2h 38m | $536K | $228K | 50x |
BloFin BERA-USDT
KuCoin BERAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.05
- Price spread: −0.751% → −0.046%
- −$70.53
- Slippage, 4 orders
- −$190.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$289.97
- Costs to cover
- 2.144%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 23 min ago; KuCoin: live order book, 74 min ago.
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 BloFin live order book, 23 min ago | 6.62 bp | 21.1 bp −$21 | 42.1 bp −$421 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 74 min ago | 6.61 bp | 81.9 bp −$82 | 167.9 bp −$1,679 | doesn't fit | doesn't fit |
BERA on 24 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 | 0.2110 | −6.761% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.1070% | 1h | 0.2242 | −0.943% | $50K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0280% | 1h | 0.2234 | −1.281% | $15K | $51K | 50x | as long as short |
| Variational Omni BERA | −0.0081% | 4h | 0.2242 | −0.921% | $83K | $49K | — | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2248 | −0.663% | $61K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2245 | −0.792% | $14K | $25K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2251 | −0.535% | $5.4M | $13.9M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2247 | −0.707% | $3.0M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2247 | −0.707% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2245 | −0.795% | $332K | $377K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Variational Omni BERA
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2249 | −0.619% | $1.2M | $442K | 20x | as long as short |
| KuCoin BERAUSDTMshort | +0.0100% | 4h | 0.2246 | −0.751% | $536K | $228K | 50x | |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2248 | −0.663% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2247 | −0.707% | — | $6.6M | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2260 | −0.133% | $32K | $464K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2246 | −0.751% | $8K | $883 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2246 | −0.729% | $362 | $6K | 5x | as long as short |
| BloFin BERA-USDTlong | +0.0124% | 4h | 0.2263 | long leg | $289K | $88K | 75x | |
| GRVT BERA_USDT_Perp | +0.0196% | 4h | 0.2250 | −0.573% | $108K | $3.1M | 10x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2246 | −0.743% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0368% | 1h | 0.2246 | −0.751% | $4K | $2K | 5x | as long as short |
| Hyperliquid BERA | +0.0407% | 1h | 0.2251 | −0.521% | $2.9M | $919K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0640% | 1h | 0.2248 | −0.663% | $4K | $56K | 25x | as long as short |
| Backpack BERA_USDC_PERP | +0.0823% | 1h | 0.2250 | −0.588% | $42K | $167K | 5x | as long as short |
MEXC BERA_USDT
Bitget BERAUSDT
BingX BERA-USDT
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
GRVT BERA_USDT_Perp
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
Hyperliquid BERA
Deribit BERA_USDC-PERPETUAL
Backpack BERA_USDC_PERP