Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.015%
Price spread now: Lighter against GRVT−0.219%78s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropGRVT: Active · Lighter: 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 0.219% cheaper against GRVT than usual: you would sell low and buy high, −$22 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BERA_USDT_Perp | 0.2287 | 0.0100 | pay 0.0050% / 4h | 27m 58s | $118K | $2.8M | 10x |
| Short | Lighter BERA | 0.2282 | 0.0096 | get 0.0012% / 1h | 27m 58s | $62K | $90K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GRVT. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: −0.219% → 0.000%
- −$21.86
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$31.7
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 6 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GRVT live order book, 6 min ago | 4.37 bp | 33.1 bp −$33 | 83.4 bp −$834 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BERA/USDC PERP | −0.5000% | 1h | 0.2146 | −6.165% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0419% | 1h | 0.2282 | −0.218% | $51K | $24K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0296% | 1h | 0.2259 | −1.224% | $9K | $45K | 50x | as long as short |
| BloFin BERA-USDT | +0.0055% | 4h | 0.2282 | −0.219% | $292K | $84K | 75x | as long as short |
| Lighter BERAshort | +0.0096% | 1h | 0.2282 | −0.219% | $62K | $90K | 5x | |
| Variational Omni BERA | +0.0099% | 4h | 0.2280 | −0.296% | $84K | $49K | — | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2282 | −0.229% | $13K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2281 | −0.249% | $5.6M | $13.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2279 | −0.350% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2278 | −0.394% | $1.5M | $3.2M | 20x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2281 | −0.262% | $337K | $390K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2281 | −0.262% | $1.3M | $434K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2279 | −0.350% | $545K | $227K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2282 | −0.219% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2281 | −0.262% | — | $6.6M | — | as long as short |
| GRVT BERA_USDT_Perplong | +0.0100% | 4h | 0.2287 | long leg | $118K | $2.8M | 10x | |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2280 | −0.306% | $37K | $459K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2283 | −0.175% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2283 | −0.179% | $368 | $6K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0188% | 1h | 0.2284 | −0.131% | $4K | $62K | 25x | as long as short |
| 01 Exchange BERAUSD | +0.0192% | 1h | 0.2284 | −0.131% | $4K | $2K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2283 | −0.156% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0470% | 1h | 0.2285 | −0.092% | $2.9M | $954K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0838% | 1h | 0.2283 | −0.175% | $37K | $147K | 5x | as long as short |
GRVT BERA_USDT_Perp
Lighter BERA
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
BloFin BERA-USDT
Variational Omni BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
ApeX Omni BERAUSDT
SoDEX BERA-USD
Deribit BERA_USDC-PERPETUAL
01 Exchange BERAUSD
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
Backpack BERA_USDC_PERP