Funding you earn now, next payment 22:00 UTC+0.5899%/8h= +646.0% APRnext payment +$7.37 per $10,000 · paid last 24h +0.812%
Price spread now: Hyperliquid against Injective+6.871%53s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$177 a day on $10k at the current rate, and Hyperliquid is 6.871% dearer against Injective than usual: you sell high and buy low: +$687 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BERA/USDC PERP | 0.2132 | −0.5000 | get 0.0625% / 1h | 32m 29s | $2K | $4K | 12x |
| Short | Hyperliquid BERA | 0.2278 | 0.0899 | get 0.0112% / 1h | 32m 29s | $2.9M | $984K | 5x |
Injective BERA/USDC PERP
Hyperliquid BERAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Injective. 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
- $1,238.88
- Price spread: +6.871% → 0.000%
- $687.15
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $1,917.01
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 9 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 Injective no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 9 min ago | 0.66 bp | 14.4 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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 PERPlong | −0.5000% | 1h | 0.2132 | long leg | $2K | $4K | 12x | |
| Kraken Futures PF_BERAUSD | −0.0564% | 1h | 0.2273 | +6.630% | $51K | $27K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2259 | +5.957% | $10K | $45K | 50x | as long as short |
| 01 Exchange BERAUSD | −0.0032% | 1h | 0.2274 | +6.660% | $4K | $2K | 5x | as long as short |
| Variational Omni BERA | +0.0080% | 4h | 0.2266 | +6.281% | $83K | $49K | — | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2273 | +6.604% | $63K | $93K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2274 | +6.657% | $13K | $28K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2273 | +6.614% | $5.5M | $13.7M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2270 | +6.473% | $3.1M | $4.2M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2269 | +6.426% | $1.5M | $3.3M | 20x | as long as short |
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
01 Exchange BERAUSD
Variational Omni BERA
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2269 | +6.426% | $338K | $388K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2274 | +6.660% | $1.2M | $435K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2267 | +6.332% | $549K | $220K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2271 | +6.520% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2270 | +6.473% | — | $6.6M | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2272 | +6.564% | $105K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | +6.473% | $32K | $455K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2273 | +6.614% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2271 | +6.543% | $372 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0149% | 4h | 0.2274 | +6.660% | $293K | $88K | 75x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0190% | 1h | 0.2274 | +6.660% | $4K | $62K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2273 | +6.635% | $2K | — | 100x | as long as short |
| Backpack BERA_USDC_PERP | +0.0654% | 1h | 0.2274 | +6.665% | $39K | $149K | 5x | as long as short |
| Hyperliquid BERAshort | +0.0899% | 1h | 0.2278 | +6.871% | $2.9M | $984K | 5x |
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
BloFin BERA-USDT
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP