BERA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0110%/8h= −12.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.028%

Price spread now: Lighter against GMX+0.087%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Lighter

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.087% dearer against GMX than usual: you sell high and buy low (spread +0.087% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX BERA/USD [ETH-USDC]	0.2266	L +0.0206% / S −0.0592%	pay 0.0026% / 1h	27m 58s	$2K	—	100x
Short	Lighter BERA	0.2268	0.0096	get 0.0012% / 1h	27m 58s	$61K	$89K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against GMX. 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 GMXbpFee LighterbpOrdersPrice spread, now +0.087%Rate

Funding earned: −$23.04
Price spread: +0.087% → 0.000%: $8.69
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$26.35
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GMX no order-book sample	—	—	—	—	—
Sell Lighter no order-book sample	—	—	—	—	—

GMX and 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 23 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	0.2131	−5.975%	$2K	$5K	12x	as long as short
Kraken Futures PF_BERAUSD	−0.1059%	1h	0.2265	−0.083%	$51K	$25K	20x	as long as short
Coinbase International BERA-PERP-INTX	−0.0280%	1h	0.2234	−1.431%	$15K	$51K	50x	as long as short
Variational Omni BERA	−0.0020%	4h	0.2255	−0.520%	$83K	$49K	—	as long as short
Lighter BERAshort	+0.0096%	1h	0.2268	+0.087%	$61K	$89K	5x
Aster BERAUSDT	+0.0100%	4h	0.2265	−0.055%	$15K	$26K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2269	+0.113%	$5.4M	$13.9M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2266	−0.019%	$3.0M	$4.1M	25x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2267	+0.025%	$1.5M	$3.2M	20x	as long as short
Gate BERA_USDT	+0.0100%	4h	0.2267	+0.025%	$335K	$379K	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BERA_USDT	+0.0100%	4h	0.2269	+0.113%	$1.2M	$443K	20x	as long as short
KuCoin BERAUSDTM	+0.0100%	4h	0.2265	−0.063%	$539K	$230K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2267	+0.025%	$1.4M	$1.1M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2267	+0.025%	—	$6.6M	—	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2260	−0.284%	$32K	$465K	50x	as long as short
Orderly PERP_BERA_USDC	+0.0100%	4h	0.2269	+0.113%	$9K	$883	10x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2268	+0.069%	$365	$6K	5x	as long as short
GMX BERA/USD [ETH-USDC]long	L +0.0206% / S −0.0592%	1h	0.2266	long leg	$2K	—	100x
GRVT BERA_USDT_Perp	+0.0332%	4h	0.2259	−0.327%	$115K	$3.1M	10x	as long as short
Hyperliquid BERA	+0.0336%	1h	0.2273	+0.272%	$2.9M	$924K	5x	as long as short
01 Exchange BERAUSD	+0.0432%	1h	0.2267	+0.025%	$4K	$2K	5x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0632%	1h	0.2269	+0.113%	$4K	$56K	25x	as long as short
Backpack BERA_USDC_PERP	+0.1076%	1h	0.2272	+0.228%	$41K	$167K	5x	as long as short