BERA

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0253%/8h= −27.7% APRnext payment −$0.32 per $10,000 · paid last 24h +4.251%

Price spread now: Kraken Futures against 01 Exchange+0.292%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Kraken Futures

What this pair did over the last

the charts below follow

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—needs both histories

The price spread pays, funding is against you. Kraken Futures is 0.292% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.292% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange BERAUSD	0.2252	−0.0568	get 0.0071% / 1h	51m 11s	$3K	$850	5x
Short	Kraken Futures PF_BERAUSD	0.2259	−0.0821	pay 0.0103% / 1h	51m 11s	$50K	$21K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against 01 Exchange. 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

Position, each leg$Hold fordaysFee 01 ExchangebpFee Kraken FuturesbpOrdersPrice spread, now +0.292%Rate

Funding earned: −$53.06
Price spread: +0.292% → 0.000%: $29.24
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$40.82
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: 01 Exchange: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy 01 Exchange no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

01 Exchange and 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 exchanges

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
Kraken Futures PF_BERAUSDshort	−0.0821%	1h	0.2259	+0.292%	$50K	$21K	20x
01 Exchange BERAUSDlong	−0.0568%	1h	0.2252	long leg	$3K	$850	5x
Deribit BERA_USDC-PERPETUAL	−0.0193%	1h	0.2254	+0.089%	$1K	$36K	25x	as long as short
Orderly PERP_BERA_USDC	+0.0075%	4h	0.2255	+0.133%	$8K	$587	10x	as long as short
Lighter BERA	+0.0096%	1h	0.2255	+0.120%	$63K	$76K	5x	as long as short
Hyperliquid BERA	+0.0100%	1h	0.2257	+0.213%	$2.5M	$983K	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2258	+0.276%	$13K	$19K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2255	+0.121%	$5.2M	$8.4M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2254	+0.089%	$3.0M	$1.8M	25x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2254	+0.089%	$1.4M	$1.8M	20x	as long as short

Show all 24 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BERA_USDT	+0.0100%	4h	0.2256	+0.178%	$328K	$250K	50x	as long as short
MEXC BERA_USDT	+0.0100%	4h	0.2255	+0.133%	$1.2M	$292K	20x	as long as short
KuCoin BERAUSDTM	+0.0100%	4h	0.2257	+0.222%	$539K	$127K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2257	+0.222%	$1.4M	$744K	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2255	+0.133%	—	$6.6M	—	as long as short
Backpack BERA_USDC_PERP	+0.0100%	1h	0.2256	+0.187%	$24K	$213K	5x	as long as short
Variational Omni BERA	+0.0100%	4h	0.2258	+0.263%	$81K	$51K	—	as long as short
GRVT BERA_USDT_Perp	+0.0100%	4h	0.2259	+0.307%	$111K	$3.0M	10x	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2260	+0.355%	$40K	$485K	50x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2254	+0.098%	$350	$6K	5x	as long as short
BloFin BERA-USDT	+0.0106%	4h	0.2253	+0.044%	$270K	$75K	75x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2256	+0.178%	$2K	—	100x	as long as short
Coinbase International BERA-PERP-INTX	+0.1032%	1h	0.2295	+1.909%	$19K	$45K	50x	as long as short
Injective BERA/USDC PERP	+0.5000%	1h	0.2319	+2.975%	$2K	$4K	12x	as long as short