Funding you earn now, next payment 23:00 UTC−0.0091%/8h= −9.9% APRpaid last 24h +0.044%
Price spread now: KuCoin against Deribit−0.220%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.410%+$41 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.220% cheaper against Deribit than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.410%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BERA_USDC-PERPETUAL | 0.2271 | 0.0191 | pay 0.0024% / 1h | 49m 08s | $4K | $62K | 25x |
| Short | KuCoin BERAUSDTM | 0.2266 | 0.0100 | get 0.0050% / 4h | 1h 49m | $549K | $218K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Deribit. 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
- −$19.01
- Price spread: −0.220% → 0.000%
- −$22.02
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$60.03
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 23 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 23 min ago | 11.04 bp | 91.9 bp −$92 | 177.6 bp −$1,776 | doesn't fit | doesn't fit |
Deribit: 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 | −0.5000% | 1h | 0.2136 | −5.945% | $2K | $4K | 12x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0320% | 1h | 0.2259 | −0.528% | $10K | $45K | 50x | as long as short |
| Kraken Futures PF_BERAUSD | 0.0000% | 1h | 0.2271 | −0.007% | $51K | $26K | 20x | as long as short |
| BloFin BERA-USDT | +0.0051% | 4h | 0.2271 | 0.000% | $289K | $87K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2271 | −0.018% | $63K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2271 | +0.016% | $13K | $28K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2272 | +0.038% | $5.5M | $13.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2266 | −0.220% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2266 | −0.220% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2268 | −0.132% | $335K | $391K | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2271 | 0.000% | $1.2M | $431K | 20x | as long as short |
| KuCoin BERAUSDTMshort | +0.0100% | 4h | 0.2266 | −0.220% | $549K | $218K | 50x | |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2271 | 0.000% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2268 | −0.132% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2263 | −0.339% | $83K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2271 | −0.020% | $105K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | −0.044% | $32K | $454K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2271 | 0.000% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2271 | −0.009% | $372 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0168% | 1h | 0.2270 | −0.044% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUALlong | +0.0191% | 1h | 0.2271 | long leg | $4K | $62K | 25x | |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2270 | −0.040% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0926% | 1h | 0.2274 | +0.137% | $2.9M | $961K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0949% | 1h | 0.2272 | +0.031% | $37K | $149K | 5x | as long as short |
Deribit BERA_USDC-PERPETUAL
KuCoin BERAUSDTM
Injective BERA/USDC PERP
Coinbase International BERA-PERP-INTX
Kraken Futures PF_BERAUSD
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
01 Exchange BERAUSD
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
Backpack BERA_USDC_PERP