Funding you earn now, next payment 05:00 UTC+0.1625%/8h= +178.0% APRpaid last 24h −7.153%
Price spread now: Orderly against Kraken Futures+0.091%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$49 a day on $10k at the current rate, and Orderly is 0.091% dearer against Kraken Futures than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BERAUSD | 0.2302 | −0.1525 | get 0.0191% / 1h | 20m 44s | $51K | $25K | 20x |
| Short | Orderly PERP_BERA_USDC | 0.2304 | 0.0100 | get 0.0050% / 4h | 3h 20m | $9K | $937 | 10x |
Kraken Futures PF_BERAUSD
Orderly PERP_BERA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Kraken Futures. 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
- $341.29
- Price spread: +0.091% → 0.000%
- $9.1
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $334.39
- Costs to cover
- 0.160%
- Break-even
- 0.1 days
Slippage unknown: Kraken Futures: no order-book sample; Orderly: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Kraken Futures and Orderly: 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 PERP | −0.5000% | 1h | 0.2158 | −6.252% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSDlong | −0.1525% | 1h | 0.2302 | long leg | $51K | $25K | 20x | |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2300 | −0.083% | $21K | $60K | 50x | as long as short |
| BloFin BERA-USDT | +0.0093% | 4h | 0.2294 | −0.343% | $283K | $76K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2303 | +0.052% | $65K | $84K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2303 | +0.029% | $16K | $21K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2302 | +0.004% | $5.5M | $10.1M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2300 | −0.083% | $3.1M | $2.5M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2297 | −0.213% | $1.5M | $2.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2302 | +0.004% | $372K | $277K | 50x | as long as short |
Injective BERA/USDC PERP
Coinbase International BERA-PERP-INTX
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDT
Binance 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 | 0.2302 | +0.004% | $1.2M | $380K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2301 | −0.039% | $552K | $133K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2301 | −0.039% | $1.5M | $805K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2301 | −0.039% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2303 | +0.056% | $28K | $152K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2300 | −0.100% | $84K | $52K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2301 | −0.038% | $114K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2300 | −0.083% | $32K | $434K | 50x | as long as short |
| Orderly PERP_BERA_USDCshort | +0.0100% | 4h | 0.2304 | +0.091% | $9K | $937 | 10x | |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2302 | +0.004% | $373 | $6K | 5x | as long as short |
| Hyperliquid BERA | +0.0119% | 1h | 0.2307 | +0.204% | $2.9M | $611K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0166% / S −0.0059% | 1h | 0.2303 | +0.062% | $4K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0168% | 1h | 0.2303 | +0.048% | $3K | $864 | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0184% | 1h | 0.2304 | +0.091% | $3K | $45K | 25x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
Hyperliquid BERA
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL