Funding you earn now, next payment 00:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.27 per $10,000 · paid last 24h +0.034%
Price spread now: BloFin against KuCoin+0.087%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1591.589% of the position
Funding, last 7 days+0.156%+$16 on $10k
+Price spread, last 3 days (all we have)−0.087%−$9 · spread now +0.087%, 7d avg +0.048%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.040% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BERAUSDTM | 0.2288 | 0.0100 | pay 0.0050% / 4h | 38m 32s | $551K | $225K | 50x |
| Short | BloFin BERA-USDT | 0.2290 | 0.0154 | get 0.0077% / 4h | 38m 32s | $292K | $91K | 75x |
KuCoin BERAUSDTM
BloFin BERA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $11.33
- Price spread: +0.087% → +0.048%
- $3.97
- Slippage, 4 orders
- −$134.93
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$143.62
- Costs to cover
- 1.589%
- Break-even
- 95.7 days
Slippage from KuCoin: live order book, 24 min ago; BloFin: live order book, 33 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 KuCoin live order book, 24 min ago | 2.20 bp | 70.1 bp −$70 | 157.6 bp −$1,576 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 33 min ago | 2.21 bp | 16.9 bp −$17 | 41.9 bp −$419 | 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 | 0.2153 | −5.900% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0418% | 1h | 0.2290 | +0.091% | $51K | $24K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0296% | 1h | 0.2259 | −1.267% | $9K | $45K | 50x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2290 | +0.070% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2290 | +0.101% | $14K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2290 | +0.095% | $5.6M | $13.4M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2287 | −0.044% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2286 | −0.087% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2289 | +0.044% | $338K | $388K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2289 | +0.044% | $1.3M | $432K | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTMlong | +0.0100% | 4h | 0.2288 | long leg | $551K | $225K | 50x | |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2290 | +0.087% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2289 | +0.044% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2284 | −0.165% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2291 | +0.132% | $108K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | +0.087% | $37K | $462K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2290 | +0.087% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2290 | +0.087% | $371 | $6K | 5x | as long as short |
| BloFin BERA-USDTshort | +0.0154% | 4h | 0.2290 | +0.087% | $292K | $91K | 75x | |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2290 | +0.078% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0208% | 1h | 0.2292 | +0.175% | $4K | $2K | 5x | as long as short |
| Hyperliquid BERA | +0.0371% | 1h | 0.2295 | +0.323% | $2.9M | $954K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0624% | 1h | 0.2291 | +0.131% | $4K | $62K | 25x | as long as short |
| Backpack BERA_USDC_PERP | +0.0955% | 1h | 0.2291 | +0.131% | $37K | $147K | 5x | as long as short |
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
Hyperliquid BERA
Deribit BERA_USDC-PERPETUAL
Backpack BERA_USDC_PERP