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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.006%
Price spread now: Lighter against Bybit+0.166%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 7 days−0.063%−$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.166% dearer against Bybit than usual: you sell high and buy low, +$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BERAUSDT0.22840.0100pay 0.0050% / 4h3h 15m$3.1M$4.1M25x
ShortLighter BERA0.22880.0096get 0.0012% / 1h15m 59s$62K$90K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bybit. 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
−$0.84
Price spread: +0.166% → 0.000%
$16.64
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Lighter: 0 bp × 2 orders
$0
Net
$4.8
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Bybit: live order book, 2 min ago; Lighter: 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 Bybit live order book, 2 min ago2.19 bp22.0 bp −$2273.2 bp −$732doesn't fitdoesn't fit
Sell Lighter no order-book sample
Lighter: 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%1h0.2145−6.086%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.0527%1h0.2286+0.081%$51K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0328%1h0.2276−0.350%$9K$45K50xas long as short
Variational Omni BERA−0.0158%4h0.2281−0.125%$84K$49Kas long as short
Lighter BERAshort+0.0096%1h0.2288+0.166%$62K$90K5x
Aster BERAUSDT+0.0100%4h0.2284+0.017%$13K$24K5xas long as short
Binance BERAUSDT+0.0100%4h0.2288+0.165%$5.6M$13.5M50xas long as short
Bybit BERAUSDTlong+0.0100%4h0.2284long leg$3.1M$4.1M25x
OKX BERA-USDT-SWAP+0.0100%4h0.2286+0.088%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2283−0.044%$339K$376K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2287+0.131%$1.2M$446K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.22840.000%$543K$227K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2286+0.088%$1.4M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2285+0.044%$6.6Mas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290+0.263%$32K$456K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2287+0.131%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2288+0.162%$372$6K5xas long as short
BloFin BERA-USDT+0.0148%4h0.2280−0.175%$290K$90K75xas long as short
01 Exchange BERAUSD+0.0184%1h0.2285+0.044%$4K$2K5xas long as short
GRVT BERA_USDT_Perp+0.0186%4h0.2287+0.130%$118K$2.9M10xas long as short
Deribit BERA_USDC-PERPETUAL+0.0187%1h0.2288+0.175%$4K$56K25xas long as short
Hyperliquid BERA+0.0203%1h0.2291+0.315%$2.9M$909K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2286+0.108%$2K100xas long as short
Backpack BERA_USDC_PERP+0.0623%1h0.2289+0.236%$37K$150K5xas long as short