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

BERA

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BERAUSD0.2246−0.0825get 0.0103% / 1h6m 25s$50K$33K20x
ShortInjective BERA/USDC PERP0.21000.5000get 0.0625% / 1h6m 25s$2K$4K12x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BERAUSDlong−0.0825%1h0.2246long leg$50K$33K20x
01 Exchange BERAUSD−0.0632%1h0.2237−0.420%$3K$8505xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2240−0.286%$1K$36K25xas long as short
Orderly PERP_BERA_USDC+0.0075%4h0.2238−0.375%$8K$54010xas long as short
Lighter BERA+0.0096%1h0.2239−0.326%$64K$80K5xas long as short
Hyperliquid BERA+0.0100%1h0.2242−0.206%$2.4M$1.0M5xas long as short
Aster BERAUSDT+0.0100%4h0.2239−0.329%$13K$19K5xas long as short
Binance BERAUSDT+0.0100%4h0.2239−0.319%$5.2M$8.6M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2238−0.375%$2.9M$1.9M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2239−0.331%$1.3M$1.9M20xas long as short
Show all 24 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2239−0.331%$321K$263K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2239−0.331%$1.2M$301K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2239−0.331%$521K$143K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2240−0.286%$1.4M$814K50xas long as short
BingX BERA-USDT+0.0100%4h0.2239−0.331%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2239−0.318%$25K$216K5xas long as short
Variational Omni BERA+0.0100%4h0.2235−0.512%$80K$51Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2239−0.331%$113K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2240−0.286%$38K$488K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2239−0.340%$349$6K5xas long as short
BloFin BERA-USDT+0.0149%4h0.2238−0.375%$263K$77K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2240−0.271%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.1032%1h0.2247+0.025%$16K$49K50xas long as short
Injective BERA/USDC PERPshort+0.5000%1h0.2100−6.519%$2K$4K12x