Settings8H · net · $10k
Funding arb · Price arb /

BERA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0667%/8h= +73.0% APRnext payment +$0.83 per $10,000 · paid last 24h −9.092%
Price spread now: 01 Exchange against Kraken Futures+0.161%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and 01 Exchange is 0.161% dearer against Kraken Futures than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BERAUSD0.2267−0.0531get 0.0066% / 1h50m 57s$51K$24K20x
Short01 Exchange BERAUSD0.22710.0136get 0.0017% / 1h50m 57s$4K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$140.09
Price spread: +0.161% → 0.000%
$16.13
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$139.22
Costs to cover
0.170%
Break-even
0.0 days
Slippage unknown: Kraken Futures: no order-book sample; 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell 01 Exchange no order-book sample
Kraken Futures and 01 Exchange: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BERA/USDC PERP−0.5000%1h0.2137−5.749%$2K$5K12xas long as short
Bybit BERAUSDT−0.1186%4h0.2264−0.147%$3.1M$4.1M25xas long as short
Kraken Futures PF_BERAUSDlong−0.0531%1h0.2267long leg$51K$24K20x
Coinbase International BERA-PERP-INTX−0.0328%1h0.2269+0.073%$9K$44K50xas long as short
Variational Omni BERA−0.0157%4h0.2266−0.053%$84K$49Kas long as short
Gate BERA_USDT−0.0030%4h0.2269+0.073%$336K$372K50xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2270+0.117%$4K$61K25xas long as short
BloFin BERA-USDT+0.0044%4h0.2265−0.103%$290K$89K75xas long as short
Lighter BERA+0.0096%1h0.2269+0.078%$62K$90K5xas long as short
OKX BERA-USDT-SWAP+0.0099%4h0.2266−0.059%$1.5M$3.2M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid BERA+0.0100%1h0.2271+0.161%$2.9M$933K5xas long as short
Aster BERAUSDT+0.0100%4h0.2271+0.180%$13K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2268+0.044%$5.5M$13.6M50xas long as short
MEXC BERA_USDT+0.0100%4h0.2269+0.073%$1.3M$434K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2268+0.029%$538K$227K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2268+0.029%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2267−0.015%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2271+0.161%$37K$149K5xas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2280+0.555%$107K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2280+0.558%$37K$455K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2270+0.117%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2270+0.113%$368$6K5xas long as short
01 Exchange BERAUSDshort+0.0136%1h0.2271+0.161%$4K$2K5x
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2271+0.181%$2K100xas long as short