Funding arb · Price arb /

BERA

all BERA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+1.9575%/8hpaid last 24h +9.543%

Price spread now: Kraken Futures against MEXC−0.175%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+17.250%+$1,725 on $10k

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. Kraken Futures is 0.175% cheaper against MEXC than usual: you would sell low and buy high (spread −0.175% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about under an hour of funding at the current rate (+$587 a day). At the pace of the last 7 days (+17.250% in total) that is about 2 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BERA_USDT	0.2282	0.0100	pay 0.0050% / 4h	4m 45s	$1.2M	$446K	20x
Short	Kraken Futures PF_BERAUSD	0.2278	1.9675	get 0.2459% / 1h	4m 45s	$52K	$26K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee Kraken FuturesbpOrdersPrice spread, now −0.175%Rate

Funding earned: $4,110.73
Price spread: −0.175% → 0.000%: −$17.55
Slippage, 4 orders: no order book: not counted
Fee MEXC: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $4,075.18
Costs to cover: 0.180%
Break-even: 0.1 days

Slippage unknown: MEXC: live order book, 1 min ago; Kraken Futures: 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 MEXC live order book, 1 min ago	2.19 bp	15.3 bp −$15	38.2 bp −$382	270.2 bp −$27.0K	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BERA/USDC PERP	−0.4672%	1h	0.2146	−5.960%	$2K	$20K	12x	as long as short
Coinbase International BERA-PERP-INTX	−0.0384%	1h	0.2264	−0.789%	$10K	$82K	50x	as long as short
01 Exchange BERAUSD	−0.0008%	1h	0.2281	−0.044%	$4K	$5K	5x	as long as short
Lighter BERA	+0.0096%	1h	0.2282	+0.004%	$65K	$94K	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2279	−0.129%	$14K	$30K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2283	+0.044%	$5.5M	$14.4M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2279	−0.131%	$3.1M	$4.4M	25x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2280	−0.088%	$1.5M	$3.5M	20x	as long as short
Gate BERA_USDT	+0.0100%	4h	0.2279	−0.131%	$341K	$421K	50x	as long as short
MEXC BERA_USDTlong	+0.0100%	4h	0.2282	long leg	$1.2M	$446K	20x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BERAUSDTM	+0.0100%	4h	0.2277	−0.219%	$557K	$229K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2282	0.000%	$1.5M	$1.1M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2284	+0.088%	—	$6.6M	—	as long as short
Variational Omni BERA	+0.0100%	4h	0.2277	−0.198%	$84K	$53K	—	as long as short
GRVT BERA_USDT_Perp	+0.0100%	4h	0.2282	0.000%	$111K	$3.0M	10x	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2280	−0.088%	$32K	$462K	50x	as long as short
Orderly PERP_BERA_USDC	+0.0100%	4h	0.2281	−0.044%	$9K	$1K	10x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2281	−0.039%	$370	$6K	5x	as long as short
BloFin BERA-USDT	+0.0101%	4h	0.2282	0.000%	$299K	$104K	75x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2282	−0.007%	$2K	—	100x	as long as short
Hyperliquid BERA	+0.0217%	1h	0.2287	+0.206%	$2.9M	$1.5M	5x	as long as short
Backpack BERA_USDC_PERP	+0.0480%	1h	0.2283	+0.061%	$37K	$159K	5x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0627%	1h	0.2283	+0.044%	$4K	$64K	25x	as long as short
Kraken Futures PF_BERAUSDshort	+1.9675%	1h	0.2278	−0.175%	$52K	$26K	20x