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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0027%/8h= +2.9% APRpaid last 24h +0.036%
Price spread now: Hyperliquid against KuCoin+0.113%7-day average +0.065% · 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−0.029%−$3 on $10k
Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.113%, 7d avg +0.065%
Together, before fees−0.117%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.049% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BERAUSDTM0.22920.0100pay 0.0050% / 4h1h 56m$555K$127K50x
ShortHyperliquid BERA0.22950.0127get 0.0016% / 1h56m 29s$2.9M$597K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against KuCoin. 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
$5.62
Price spread: +0.113% → +0.065%
$4.85
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$10.53
Costs to cover
0.210%
Break-even
20.1 days
Slippage unknown: KuCoin: live order book, 62 min ago; Hyperliquid: live order book, 5 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 KuCoin live order book, 62 min ago13.19 bp78.2 bp −$78180.0 bp −$1,800doesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago0.65 bp18.5 bp −$18doesn't fitdoesn't fitdoesn't fit

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%1h0.2156−5.934%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1558%1h0.2291−0.055%$51K$21K20xas long as short
BloFin BERA-USDT+0.0070%4h0.2305+0.567%$279K$76K75xas long as short
Orderly PERP_BERA_USDC+0.0095%4h0.2293+0.044%$9K$78710xas long as short
Lighter BERA+0.0096%1h0.2291−0.044%$65K$73K5xas long as short
Aster BERAUSDT+0.0100%4h0.2293+0.044%$15K$21K5xas long as short
Binance BERAUSDT+0.0100%4h0.2291−0.044%$5.4M$9.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2288−0.175%$3.1M$2.2M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2289−0.131%$1.4M$2.0M20xas long as short
Gate BERA_USDT+0.0100%4h0.2294+0.087%$346K$258K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2290−0.087%$1.2M$325K20xas long as short
KuCoin BERAUSDTMlong+0.0100%4h0.2292long leg$555K$127K50x
Bitget BERAUSDT+0.0100%4h0.2293+0.044%$1.5M$760K50xas long as short
BingX BERA-USDT+0.0100%4h0.2291−0.044%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2291−0.035%$24K$204K5xas long as short
Variational Omni BERA+0.0100%4h0.2292+0.003%$84K$50Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2296+0.175%$106K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2300+0.349%$52K$471K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2292−0.013%$369$6K5xas long as short
Hyperliquid BERAshort+0.0127%1h0.2295+0.113%$2.9M$597K5x
01 Exchange BERAUSD+0.0160%1h0.2290−0.087%$3K$8645xas long as short
Deribit BERA_USDC-PERPETUAL+0.0186%1h0.2293+0.044%$9K$46K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2292+0.006%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0600%1h0.2313+0.916%$20K$57K50xas long as short