Funding you earn now, next payment 00:00 UTC+0.0203%/8h= +22.2% APRpaid last 24h +0.053%
Price spread now: Hyperliquid against OKX+0.341%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$700.696% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 7 days−0.306%−$31 · spread now +0.341%, 7d avg +0.056%
=Together, before fees−0.379%+ Points / potential airdropHyperliquid: Season 2 · farm board−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Hyperliquid is 0.285% dearer against OKX than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of +0.056%. Mind the row above: over the last 7 days funding on this pair cost −0.073%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BERA-USDT-SWAP | 0.2287 | 0.0100 | pay 0.0050% / 4h | 49m 09s | $1.5M | $3.2M | 20x |
| Short | Hyperliquid BERA | 0.2295 | 0.0303 | get 0.0038% / 1h | 49m 09s | $2.9M | $957K | 5x |
OKX BERA-USDT-SWAP
Hyperliquid BERAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against OKX. 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
- $42.6
- Price spread: +0.341% → +0.056%
- $28.55
- Slippage, 4 orders
- −$50.57
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $1.58
- Costs to cover
- 0.696%
- Break-even
- 6.7 days
Slippage from OKX: live order book, 3 min ago; Hyperliquid: live order book, 2 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 OKX live order book, 3 min ago | 2.18 bp | 27.8 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 0.22 bp | 15.7 bp −$16 | doesn't fit | 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 | 0.2157 | −5.684% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0418% | 1h | 0.2289 | +0.076% | $51K | $24K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0296% | 1h | 0.2259 | −1.224% | $9K | $45K | 50x | as long as short |
| BloFin BERA-USDT | +0.0059% | 4h | 0.2299 | +0.525% | $290K | $91K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2292 | +0.210% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2293 | +0.260% | $14K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2293 | +0.260% | $5.6M | $13.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2289 | +0.087% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAPlong | +0.0100% | 4h | 0.2287 | long leg | $1.5M | $3.2M | 20x | |
| Gate BERA_USDT | +0.0100% | 4h | 0.2292 | +0.219% | $338K | $388K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
Gate BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2293 | +0.262% | $1.3M | $431K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2291 | +0.175% | $553K | $225K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2291 | +0.175% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2290 | +0.131% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2292 | +0.228% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2298 | +0.481% | $115K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | +0.131% | $37K | $462K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2292 | +0.219% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2292 | +0.214% | $373 | $6K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0186% | 1h | 0.2293 | +0.262% | $4K | $62K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2292 | +0.227% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0248% | 1h | 0.2294 | +0.306% | $4K | $2K | 5x | as long as short |
| Hyperliquid BERAshort | +0.0303% | 1h | 0.2295 | +0.341% | $2.9M | $957K | 5x | |
| Backpack BERA_USDC_PERP | +0.1252% | 1h | 0.2294 | +0.306% | $37K | $149K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
Backpack BERA_USDC_PERP