Funding you earn now, next payment 00:00 UTC−0.0230%/8h= −25.2% APRpaid last 24h −0.025%
Price spread now: Binance against Hyperliquid−0.013%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$630.632% of the position
Funding, last 7 days+0.178%+$18 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.013%, 7d avg −0.002%
=Together, before fees+0.179%+ Points / potential airdropHyperliquid: Season 2 · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.178%, 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 | Hyperliquid BERA | 0.2298 | 0.0330 | pay 0.0041% / 1h | 56m 12s | $2.9M | $949K | 5x |
| Short | Binance BERAUSDT | 0.2298 | 0.0100 | get 0.0050% / 4h | 56m 12s | $5.6M | $13.5M | 50x |
Hyperliquid BERA
Binance BERAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Hyperliquid. 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
- −$48.27
- Price spread: −0.013% → −0.002%
- −$1.11
- Slippage, 4 orders
- −$44.24
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$112.62
- Costs to cover
- 0.632%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; Binance: live order book, 14 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 Hyperliquid live order book, 5 min ago | 1.09 bp | 17.2 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 2.21 bp | 16.7 bp −$17 | 58.3 bp −$583 | 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 | 0.2156 | −6.192% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0417% | 1h | 0.2294 | −0.206% | $51K | $24K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0296% | 1h | 0.2259 | −1.710% | $9K | $45K | 50x | as long as short |
| BloFin BERA-USDT | +0.0076% | 4h | 0.2288 | −0.448% | $288K | $88K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2298 | −0.035% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2294 | −0.199% | $14K | $27K | 5x | as long as short |
| Binance BERAUSDTshort | +0.0100% | 4h | 0.2298 | −0.013% | $5.6M | $13.5M | 50x | |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2294 | −0.187% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2294 | −0.187% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2292 | −0.274% | $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
Bybit BERAUSDT
OKX BERA-USDT-SWAP
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 | 0.2297 | −0.057% | $1.2M | $423K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2294 | −0.187% | $557K | $223K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2296 | −0.100% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2296 | −0.100% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2274 | −1.049% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2281 | −0.753% | $106K | $2.7M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | −0.361% | $34K | $461K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2297 | −0.057% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2297 | −0.061% | $376 | $6K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2296 | −0.080% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0232% | 1h | 0.2293 | −0.231% | $4K | $2K | 5x | as long as short |
| Hyperliquid BERAlong | +0.0330% | 1h | 0.2298 | long leg | $2.9M | $949K | 5x | |
| Deribit BERA_USDC-PERPETUAL | +0.0621% | 1h | 0.2298 | −0.013% | $4K | $62K | 25x | as long as short |
| Backpack BERA_USDC_PERP | +0.1476% | 1h | 0.2299 | +0.039% | $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
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
Backpack BERA_USDC_PERP