Spread before costs (cost unknown: a leg has no order-book sample)+0.045%
7d average—if it closes, per $10,000$5funding while held, a day+$1208.64
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BERAUSDT | 0.2276 | 0.0100 | pay 0.0050% / 4h | 20m 01s | $5.6M | $14.8M | 50x |
| Short | Kraken Futures PF_BERAUSD | 0.2277 | 4.0388 | get 0.5048% / 1h | 20m 01s | $54K | $13K | 20x |
Binance BERAUSDT
Kraken Futures PF_BERAUSDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $4.52
- Funding while held
- $1,208.64
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $1,193.15
- Spread needed to break even
- 0.200%
Slippage unknown: Binance: live order book, 7 min ago; Kraken Futures: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +4.0288%
- Per $10,000 a day
- +$1208.64
- Average in range /8h
- —
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 Binance live order book, 7 min ago | 2.20 bp | 19.2 bp −$19 | 59.0 bp −$590 | doesn't fit | 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2248cheapestCoinbase International0.2258+0.445%Variational Omni0.2265+0.748%01 Exchange0.2268+0.890%Orderly0.2269+0.934%SoDEX0.2270+0.965%ApeX Omni0.2270+0.979%Deribit0.2270+0.979%BloFin0.2270+0.979%Aster0.2270+0.997%GMX0.2270+0.997%Lighter0.2271+1.019%KuCoin0.2271+1.023%OKX0.2272+1.068%Gate0.2272+1.068%Backpack0.2273+1.108%BingX0.2273+1.112%Bybit0.2274+1.157%Bitget0.2274+1.157%Hyperliquid0.2274+1.165%MEXC0.2275+1.201%
Injective
Coinbase International
Variational Omni
Orderly
SoDEX
ApeX Omni
Deribit
BloFin
Aster
GMX
Lighter
KuCoin
OKX
Gate
Backpack
BingX
Bybit
Bitget
Hyperliquid
MEXCBinance0.2276+1.241%
Kraken Futures0.2277+1.287%
BERA on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BERA/USDC PERP | −1.226% | −0.4279% | 1h | $2K | $76K | 12x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.786% | −0.0480% | 1h | $10K | $116K | 50x | as long as short |
| Variational Omni BERA | −0.487% | +0.0098% | 4h | $85K | $44K | — | as long as short |
| 01 Exchange BERAUSD | −0.347% | −0.0104% | 1h | $4K | $5K | 5x | as long as short |
| Orderly PERP_BERA_USDC | −0.303% | +0.0074% | 4h | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | −0.272% | +0.0100% | 1h | $174 | $6K | 5x | as long as short |
| ApeX Omni BERAUSDT | −0.259% | +0.0100% | 1h | $42K | $470K | 50x | as long as short |
| Deribit BERA_USDC-PERPETUAL | −0.259% | +0.0191% | 1h | $7K | $61K | 25x | as long as short |
| BloFin BERA-USDT | −0.259% | +0.0069% | 4h | $325K | $112K | 75x | as long as short |
| Aster BERAUSDT | −0.241% | +0.0100% | 4h | $14K | $31K | 5x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX BERA/USD [ETH-USDC] | −0.240% | L +0.0206% / S −0.0592% | 1h | $2K | — | 100x | as long as short |
| Lighter BERA | −0.219% | +0.0096% | 1h | $67K | $88K | 5x | as long as short |
| KuCoin BERAUSDTM | −0.215% | +0.0100% | 4h | $584K | $246K | 50x | as long as short |
| OKX BERA-USDT-SWAP | −0.171% | +0.0100% | 4h | $1.5M | $3.7M | 20x | as long as short |
| Gate BERA_USDT | −0.171% | +0.0100% | 4h | $339K | $441K | 50x | as long as short |
| Backpack BERA_USDC_PERP | −0.132% | +0.0100% | 1h | $37K | $158K | 5x | as long as short |
| BingX BERA-USDT | −0.127% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| Bybit BERAUSDT | −0.083% | +0.0100% | 4h | $3.1M | $4.7M | 25x | as long as short |
| Bitget BERAUSDT | −0.083% | +0.0100% | 4h | $1.5M | $1.1M | 50x | as long as short |
| Hyperliquid BERA | −0.074% | +0.0100% | 1h | $2.9M | $1.5M | 5x | as long as short |
| MEXC BERA_USDT | −0.039% | +0.0100% | 4h | $1.2M | $461K | 20x | as long as short |
| Binance BERAUSDTlong | 0.000% | +0.0100% | 4h | $5.6M | $14.8M | 50x | |
| Kraken Futures PF_BERAUSDshort | +0.045% | +4.0388% | 1h | $54K | $13K | 20x |