BERA

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.174%

7d average—if it closes, per $10,000$17funding while held, a day−$1220.32

Long on Kraken Futures Short on Coinbase International

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_BERAUSD	0.2280	4.0157	pay 0.5020% / 1h	59m 17s	$54K	$19K	20x
Short	Coinbase International BERA-PERP-INTX	0.2284	−0.0520	pay 0.0065% / 1h	59m 17s	$10K	$117K	50x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee Kraken FuturesbpFee Coinbase InternationalbpOrdersClose when spread is

Spread captured: $17.39
Funding while held: −$1,220.32
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$1,222.93
Spread needed to break even: 0.200%

Slippage unknown: Kraken Futures: no order-book sample; Coinbase International: live order book, 50 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −4.0677%
Per $10,000 a day: −$1220.32
Average in range /8h: —

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 Kraken Futures no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 50 min ago	17.36 bp	22.4 bp −$22	doesn't fit	doesn't fit	doesn't fit

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 price on every exchange

against the cheapest. Click to use as the short leg.

BERA on 23 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective BERA/USDC PERP	−0.528%	−0.3272%	1h	$2K	$62K	12x	as long as short
Kraken Futures PF_BERAUSDlong	0.000%	+4.0157%	1h	$54K	$19K	20x
Coinbase International BERA-PERP-INTXshort	+0.174%	−0.0520%	1h	$10K	$117K	50x
Bybit BERAUSDT	+0.305%	+0.0100%	4h	$3.1M	$4.7M	25x	as long as short
01 Exchange BERAUSD	+0.349%	−0.0040%	1h	$4K	$5K	5x	as long as short
Gate BERA_USDT	+0.349%	+0.0100%	4h	$343K	$429K	50x	as long as short
KuCoin BERAUSDTM	+0.349%	+0.0100%	4h	$588K	$242K	50x	as long as short
SoDEX BERA-USD	+0.371%	+0.0100%	1h	$174	$6K	5x	as long as short
OKX BERA-USDT-SWAP	+0.393%	+0.0100%	4h	$1.5M	$3.7M	20x	as long as short
BingX BERA-USDT	+0.393%	+0.0100%	4h	—	$6.7M	—	as long as short

Show all 23 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni BERA	+0.394%	+0.0100%	4h	$86K	$44K	—	as long as short
GMX BERA/USD [ETH-USDC]	+0.416%	L +0.0206% / S −0.0592%	1h	$2K	—	100x	as long as short
MEXC BERA_USDT	+0.437%	+0.0100%	4h	$1.2M	$442K	20x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.437%	+0.0187%	1h	$4K	$64K	25x	as long as short
Binance BERAUSDT	+0.460%	+0.0100%	4h	$5.7M	$14.8M	50x	as long as short
Orderly PERP_BERA_USDC	+0.481%	+0.0070%	4h	$9K	$1K	10x	as long as short
Backpack BERA_USDC_PERP	+0.490%	+0.0313%	1h	$37K	$156K	5x	as long as short
Lighter BERA	+0.507%	+0.0096%	1h	$67K	$93K	5x	as long as short
Aster BERAUSDT	+0.520%	+0.0100%	4h	$14K	$31K	5x	as long as short
Bitget BERAUSDT	+0.525%	+0.0100%	4h	$1.5M	$1.1M	50x	as long as short
Hyperliquid BERA	+0.529%	+0.0100%	1h	$3.0M	$1.5M	5x	as long as short
BloFin BERA-USDT	+0.656%	+0.0340%	4h	$318K	$104K	75x	as long as short
ApeX Omni BERAUSDT	+0.876%	+0.0100%	1h	$46K	$468K	50x	as long as short