Funding you earn now, next payment 11:00 UTC+0.5825%/8h= +637.8% APRnext payment +$7.28 per $10,000 · paid last 24h −5.675%
Price spread now: Injective against Kraken Futures−6.519%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 6.519% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −6.519% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$652 on $10k: about 3.7 days of funding at the current rate (+$175 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BERAUSD | 0.2246 | −0.0825 | get 0.0103% / 1h | 6m 25s | $50K | $33K | 20x |
| Short | Injective BERA/USDC PERP | 0.2100 | 0.5000 | get 0.0625% / 1h | 6m 25s | $2K | $4K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1,223.27
- Price spread: −6.519% → 0.000%
- −$651.85
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $561.4
- Costs to cover
- 0.100%
- Break-even
- 3.8 days
Slippage unknown: Kraken Futures: no order-book sample; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Kraken Futures and Injective: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BERAUSDlong | −0.0825% | 1h | 0.2246 | long leg | $50K | $33K | 20x | |
| 01 Exchange BERAUSD | −0.0632% | 1h | 0.2237 | −0.420% | $3K | $850 | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2240 | −0.286% | $1K | $36K | 25x | as long as short |
| Orderly PERP_BERA_USDC | +0.0075% | 4h | 0.2238 | −0.375% | $8K | $540 | 10x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2239 | −0.326% | $64K | $80K | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2242 | −0.206% | $2.4M | $1.0M | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2239 | −0.329% | $13K | $19K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2239 | −0.319% | $5.2M | $8.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2238 | −0.375% | $2.9M | $1.9M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2239 | −0.331% | $1.3M | $1.9M | 20x | as long as short |
Show all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2239 | −0.331% | $321K | $263K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2239 | −0.331% | $1.2M | $301K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2239 | −0.331% | $521K | $143K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2240 | −0.286% | $1.4M | $814K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2239 | −0.331% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2239 | −0.318% | $25K | $216K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2235 | −0.512% | $80K | $51K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2239 | −0.331% | $113K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2240 | −0.286% | $38K | $488K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2239 | −0.340% | $349 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0149% | 4h | 0.2238 | −0.375% | $263K | $77K | 75x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2240 | −0.271% | $2K | — | 100x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.1032% | 1h | 0.2247 | +0.025% | $16K | $49K | 50x | as long as short |
| Injective BERA/USDC PERPshort | +0.5000% | 1h | 0.2100 | −6.519% | $2K | $4K | 12x |
Kraken Futures PF_BERAUSD
Injective BERA/USDC PERP
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
Lighter BERA
Hyperliquid BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
BloFin BERA-USDT
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTX