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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0587%/8h= −64.3% APRpaid last 24h +7.638%
Price spread now: Kraken Futures against Bitget+0.104%48s7-day average · 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+17.093%+$1,709 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.104% dearer against Bitget than usual: you sell high and buy low (spread +0.104% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 14 hours. Mind the row above: over the last 7 days funding on this pair paid +17.093%, so the current rate has only just turned against you. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BERAUSDT0.23050.0100pay 0.0050% / 4h22m 25s$1.5M$1.1M50x
ShortKraken Futures PF_BERAUSD0.2307−0.0487pay 0.0061% / 1h22m 25s$52K$25K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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
−$123.25
Price spread: +0.104% → 0.000%
$10.4
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$134.85
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago4.33 bp19.2 bp −$19133.3 bp −$1,333doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BERA/USDC PERP−0.5000%1h0.2172−5.770%$2K$3K12xas long as short
Kraken Futures PF_BERAUSDshort−0.0487%1h0.2307+0.104%$52K$25K20x
Coinbase International BERA-PERP-INTX−0.0328%1h0.2303−0.087%$15K$53K50xas long as short
Lighter BERA+0.0096%1h0.2304−0.030%$62K$81K5xas long as short
Aster BERAUSDT+0.0100%4h0.2306+0.045%$15K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2308+0.130%$5.4M$14.2M50xas long as short
Bybit BERAUSDT+0.0100%4h0.23050.000%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2306+0.043%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2306+0.043%$354K$357K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2307+0.087%$1.2M$399K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2306+0.043%$555K$230K50xas long as short
Bitget BERAUSDTlong+0.0100%4h0.2305long leg$1.5M$1.1M50x
BingX BERA-USDT+0.0100%4h0.23050.000%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2307+0.090%$84K$49Kas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2310+0.217%$51K$451K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2308+0.130%$9K$98710xas long as short
SoDEX BERA-USD+0.0100%1h0.2307+0.095%$381$6K5xas long as short
BloFin BERA-USDT+0.0149%4h0.2308+0.130%$280K$77K75xas long as short
Deribit BERA_USDC-PERPETUAL+0.0183%1h0.2308+0.130%$3K$59K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2306+0.043%$2K100xas long as short
01 Exchange BERAUSD+0.0264%1h0.2308+0.130%$3K$3K5xas long as short
Hyperliquid BERA+0.0360%1h0.2310+0.208%$2.9M$889K5xas long as short
GRVT BERA_USDT_Perp+0.0410%4h0.2314+0.390%$116K$3.2M10xas long as short
Backpack BERA_USDC_PERP+0.0457%1h0.2307+0.082%$28K$161K5xas long as short