Funding you earn now, next payment 00:00 UTC−0.0158%/8h= −17.3% APRpaid last 24h −0.029%
Price spread now: BingX against Hyperliquid−0.183%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$640.642% of the position
Funding, last 7 days+0.173%+$17 on $10k
+Price spread, last 7 days+0.148%+$15 · spread now −0.183%, 7d avg −0.027%
=Together, before fees+0.321%+ Points / potential airdropHyperliquid: Season 2 · farm board+$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BingX is 0.156% cheaper against Hyperliquid than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.027%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.173%, 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 | 0.2294 | 0.0258 | pay 0.0032% / 1h | 2m 46s | $2.9M | $953K | 5x |
| Short | BingX BERA-USDT | 0.2290 | 0.0100 | get 0.0050% / 4h | 2m 46s | — | $6.6M | — |
Hyperliquid BERA
BingX BERA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$33.13
- Price spread: −0.183% → −0.027%
- −$15.56
- Slippage, 4 orders
- −$45.21
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$112.9
- Costs to cover
- 0.642%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; BingX: live order book, 9 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, 8 min ago | 0.66 bp | 16.2 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 4.40 bp | 17.6 bp −$18 | 51.3 bp −$513 | 501.2 bp −$50.1K | 859.9 bp −$430.0K |
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 | 0.2151 | −6.242% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0418% | 1h | 0.2288 | −0.266% | $51K | $24K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0296% | 1h | 0.2269 | −1.098% | $9K | $44K | 50x | as long as short |
| Variational Omni BERA | −0.0053% | 4h | 0.2275 | −0.828% | $84K | $49K | — | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2290 | −0.183% | $4K | $61K | 25x | as long as short |
| Bybit BERAUSDT | +0.0027% | 4h | 0.2287 | −0.314% | $3.1M | $4.1M | 25x | as long as short |
| BloFin BERA-USDT | +0.0064% | 4h | 0.2292 | −0.096% | $291K | $83K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2290 | −0.183% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2291 | −0.155% | $14K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2290 | −0.176% | $5.6M | $13.6M | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Variational Omni BERA
Deribit BERA_USDC-PERPETUAL
Bybit BERAUSDT
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDT
Binance BERAUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2287 | −0.314% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2289 | −0.227% | $339K | $390K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2291 | −0.139% | $1.3M | $437K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2288 | −0.270% | $548K | $227K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2289 | −0.227% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDTshort | +0.0100% | 4h | 0.2290 | −0.183% | — | $6.6M | — | |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2285 | −0.419% | $108K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2280 | −0.619% | $37K | $459K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2289 | −0.227% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2290 | −0.201% | $369 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0152% | 1h | 0.2290 | −0.183% | $4K | $2K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2289 | −0.207% | $2K | — | 100x | as long as short |
| Hyperliquid BERAlong | +0.0258% | 1h | 0.2294 | long leg | $2.9M | $953K | 5x | |
| Backpack BERA_USDC_PERP | +0.0566% | 1h | 0.2290 | −0.170% | $37K | $148K | 5x | as long as short |
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
01 Exchange BERAUSD
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP