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

BERA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.1380%/8h= −151.1% APRpaid last 24h +5.671%
Price spread now: Kraken Futures against KuCoin−0.087%7-day average · you buy dearer than you sell
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 7 days+17.111%+$1,711 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and Kraken Futures is 0.087% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +17.111%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BERAUSDTM0.22920.0100pay 0.0050% / 4h3h 59m$552K$128K50x
ShortKraken Futures PF_BERAUSD0.2290−0.1280pay 0.0160% / 1h59m 22s$51K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against KuCoin. 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
−$289.76
Price spread: −0.087% → 0.000%
−$8.68
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$320.44
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 35 min ago; Kraken Futures: 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 KuCoin live order book, 35 min ago17.45 bp98.1 bp −$98187.5 bp −$1,875doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
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 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%1h0.2157−5.890%$2K$4K12xas long as short
01 Exchange BERAUSD−0.2576%1h0.2290−0.087%$3K$8505xas long as short
Kraken Futures PF_BERAUSDshort−0.1280%1h0.2290−0.087%$51K$21K20x
Orderly PERP_BERA_USDC+0.0081%4h0.2290−0.087%$9K$78710xas long as short
Lighter BERA+0.0096%1h0.2291−0.022%$64K$72K5xas long as short
Hyperliquid BERA+0.0100%1h0.2294+0.100%$2.9M$589K5xas long as short
Aster BERAUSDT+0.0100%4h0.2292+0.020%$13K$22K5xas long as short
Binance BERAUSDT+0.0100%4h0.2291−0.041%$5.5M$9.2M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2290−0.087%$3.1M$2.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2288−0.175%$1.4M$1.9M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2291−0.044%$344K$251K50xas long as short
MEXC BERA_USDT+0.0100%4h0.22920.000%$1.3M$315K20xas long as short
KuCoin BERAUSDTMlong+0.0100%4h0.2292long leg$552K$128K50x
Bitget BERAUSDT+0.0100%4h0.2290−0.087%$1.4M$804K50xas long as short
BingX BERA-USDT+0.0100%4h0.2291−0.044%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2294+0.087%$24K$205K5xas long as short
Variational Omni BERA+0.0100%4h0.2289−0.123%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2295+0.129%$107K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290−0.087%$36K$482K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2291−0.044%$371$6K5xas long as short
BloFin BERA-USDT+0.0150%4h0.22920.000%$279K$72K75xas long as short
Deribit BERA_USDC-PERPETUAL+0.0187%1h0.2291−0.044%$9K$45K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2290−0.076%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0952%1h0.2300+0.349%$19K$53K50xas long as short