Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.040%
Price spread now: KuCoin against Hyperliquid−0.126%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1681.675% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.126%, 7d avg −0.068%
=Together, before fees+0.086%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.057% cheaper against Hyperliquid than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BERA | 0.2228 | 0.0100 | pay 0.0013% / 1h | 27m 23s | $2.4M | $1.0M | 5x |
| Short | KuCoin BERAUSDTM | 0.2225 | 0.0100 | get 0.0050% / 4h | 1h 27m | $512K | $130K | 50x |
Hyperliquid BERA
KuCoin BERAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Hyperliquid. 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
- $0
- Price spread: −0.126% → −0.068%
- −$5.75
- Slippage, 4 orders
- −$146.54
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$173.28
- Costs to cover
- 1.675%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; KuCoin: live order book, 8 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 Hyperliquid live order book, 7 min ago | 2.46 bp | 16.0 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 11.14 bp | 62.7 bp −$63 | 156.6 bp −$1,566 | doesn't fit | doesn't fit |
BERA on 24 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange BERAUSD | −0.0968% | 1h | 0.2225 | −0.126% | $3K | $850 | 5x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0833% | 1h | 0.2225 | −0.113% | $50K | $26K | 20x | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2225 | −0.126% | $1K | $36K | 25x | as long as short |
| BloFin BERA-USDT | +0.0069% | 4h | 0.2232 | +0.189% | $267K | $75K | 75x | as long as short |
| Orderly PERP_BERA_USDC | +0.0072% | 4h | 0.2227 | −0.036% | $8K | $587 | 10x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2224 | −0.171% | $63K | $78K | 5x | as long as short |
| Hyperliquid BERAlong | +0.0100% | 1h | 0.2228 | long leg | $2.4M | $1.0M | 5x | |
| Aster BERAUSDT | +0.0100% | 4h | 0.2226 | −0.061% | $13K | $19K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2227 | −0.031% | $5.1M | $8.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2226 | −0.081% | $2.9M | $1.9M | 25x | as long as short |
01 Exchange BERAUSD
Kraken Futures PF_BERAUSD
Deribit BERA_USDC-PERPETUAL
BloFin BERA-USDT
Orderly PERP_BERA_USDC
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDTShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2227 | −0.036% | $1.3M | $1.9M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2226 | −0.081% | $320K | $259K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2227 | −0.036% | $1.2M | $297K | 20x | as long as short |
| KuCoin BERAUSDTMshort | +0.0100% | 4h | 0.2225 | −0.126% | $512K | $130K | 50x | |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2226 | −0.081% | $1.4M | $791K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2225 | −0.126% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2225 | −0.126% | $24K | $215K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2232 | +0.187% | $80K | $51K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2237 | +0.410% | $107K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2240 | +0.548% | $38K | $486K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2225 | −0.148% | $345 | $6K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0205% / S −0.0592% | 1h | 0.2230 | +0.119% | $2K | — | 100x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.1032% | 1h | 0.2203 | −1.113% | $15K | $48K | 50x | as long as short |
| Injective BERA/USDC PERP | +0.5000% | 1h | 0.2100 | −5.737% | $2K | $4K | 12x | as long as short |
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTX
Injective BERA/USDC PERP