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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.1391%/8h= +152.4% APRnext payment +$1.74 per $10,000 · paid last 24h −9.492%
Price spread now: Hyperliquid against Kraken Futures+0.258%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−17.390%−$1,739 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$42 a day on $10k at the current rate, and Hyperliquid is 0.258% dearer against Kraken Futures than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −17.390%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BERAUSD0.2267−0.0565get 0.0071% / 1h11m 35s$51K$26K20x
ShortHyperliquid BERA0.22730.0826get 0.0103% / 1h11m 35s$2.9M$967K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Kraken Futures. 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
$292.18
Price spread: +0.258% → 0.000%
$25.85
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$299.03
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 10 min ago. 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 Kraken Futures no order-book sample
Sell Hyperliquid live order book, 10 min ago0.44 bp19.4 bp −$19doesn't fitdoesn't fitdoesn't fit
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%1h0.2136−5.797%$2K$4K12xas long as short
Kraken Futures PF_BERAUSDlong−0.0565%1h0.2267long leg$51K$26K20x
Coinbase International BERA-PERP-INTX−0.0304%1h0.2259−0.372%$10K$45K50xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2269+0.069%$4K$62K25xas long as short
01 Exchange BERAUSD+0.0048%1h0.2268+0.025%$4K$2K5xas long as short
BloFin BERA-USDT+0.0069%4h0.2274+0.289%$292K$88K75xas long as short
Lighter BERA+0.0096%1h0.2269+0.069%$63K$93K5xas long as short
Aster BERAUSDT+0.0100%4h0.2270+0.118%$13K$28K5xas long as short
Binance BERAUSDT+0.0100%4h0.2269+0.069%$5.5M$13.6M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2264−0.152%$3.1M$4.2M25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BERA-USDT-SWAP+0.0100%4h0.2265−0.108%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2271+0.157%$336K$390K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2269+0.069%$1.2M$436K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2266−0.063%$549K$220K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2270+0.113%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2267−0.019%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2271+0.153%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2279+0.511%$106K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270+0.113%$33K$454K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2268+0.025%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2269+0.086%$372$6K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2269+0.055%$2K100xas long as short
Hyperliquid BERAshort+0.0826%1h0.2273+0.258%$2.9M$967K5x
Backpack BERA_USDC_PERP+0.0876%1h0.2270+0.095%$38K$149K5xas long as short