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

BERA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.1625%/8h= −178.0% APRpaid last 24h +7.132%
Price spread now: Kraken Futures against Gate−0.105%7-day average · you buy dearer than you sell
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+17.079%+$1,708 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$49 a day on $10k at the current rate, and Kraken Futures is 0.105% cheaper against Gate than usual: you would sell low and buy high (−$10 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 +17.079%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BERA_USDT0.23040.0100pay 0.0050% / 4h3h 28m$372K$274K50x
ShortKraken Futures PF_BERAUSD0.2302−0.1525pay 0.0191% / 1h28m 15s$51K$25K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Gate. 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
−$341.33
Price spread: −0.105% → 0.000%
−$10.47
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$376.81
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 22 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 Gate live order book, 22 min ago6.46 bp163.0 bp −$163doesn't fitdoesn'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%1h0.2167−5.946%$2K$4K12xas long as short
Kraken Futures PF_BERAUSDshort−0.1525%1h0.2302−0.105%$51K$25K20x
Coinbase International BERA-PERP-INTX−0.0304%1h0.2300−0.174%$21K$60K50xas long as short
Lighter BERA+0.0096%1h0.2302−0.104%$65K$84K5xas long as short
Hyperliquid BERA+0.0100%1h0.2306+0.069%$2.9M$626K5xas long as short
Aster BERAUSDT+0.0100%4h0.2305+0.039%$15K$21K5xas long as short
Binance BERAUSDT+0.0100%4h0.2303−0.034%$5.5M$10.4M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2300−0.174%$3.1M$2.6M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2296−0.347%$1.5M$2.2M20xas long as short
Gate BERA_USDTlong+0.0100%4h0.2304long leg$372K$274K50x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2303−0.043%$1.2M$380K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.23040.000%$553K$201K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2305+0.043%$1.5M$810K50xas long as short
BingX BERA-USDT+0.0100%4h0.2303−0.043%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2304−0.009%$29K$153K5xas long as short
Variational Omni BERA+0.0100%4h0.2308+0.178%$85K$52Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2311+0.304%$115K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2310+0.260%$48K$428K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2300−0.174%$9K$93710xas long as short
SoDEX BERA-USD+0.0100%1h0.2301−0.109%$373$6K5xas long as short
BloFin BERA-USDT+0.0112%4h0.2302−0.087%$283K$77K75xas long as short
01 Exchange BERAUSD+0.0168%1h0.2301−0.130%$3K$8725xas long as short
GMX BERA/USD [ETH-USDC]L +0.0168% / S −0.0060%1h0.2300−0.168%$4K100xas long as short
Deribit BERA_USDC-PERPETUAL+0.0185%1h0.2301−0.130%$3K$45K25xas long as short