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

BERA

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days−0.101%−$10 on $10k
Price spread, last 7 daysno 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BERA_USDT_Perp0.22870.0100pay 0.0050% / 4h27m 58s$118K$2.8M10x
ShortLighter BERA0.22820.0096get 0.0012% / 1h27m 58s$62K$90K5x

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 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: −0.219% → 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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 6 min ago4.37 bp33.1 bp −$3383.4 bp −$834doesn'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%1h0.2146−6.165%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.0419%1h0.2282−0.218%$51K$24K20xas long as short
Coinbase International BERA-PERP-INTX−0.0296%1h0.2259−1.224%$9K$45K50xas long as short
BloFin BERA-USDT+0.0055%4h0.2282−0.219%$292K$84K75xas long as short
Lighter BERAshort+0.0096%1h0.2282−0.219%$62K$90K5x
Variational Omni BERA+0.0099%4h0.2280−0.296%$84K$49Kas long as short
Aster BERAUSDT+0.0100%4h0.2282−0.229%$13K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2281−0.249%$5.6M$13.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2279−0.350%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2278−0.394%$1.5M$3.2M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2281−0.262%$337K$390K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2281−0.262%$1.3M$434K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2279−0.350%$545K$227K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2282−0.219%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2281−0.262%$6.6Mas long as short
GRVT BERA_USDT_Perplong+0.0100%4h0.2287long leg$118K$2.8M10x
ApeX Omni BERAUSDT+0.0100%1h0.2280−0.306%$37K$459K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2283−0.175%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2283−0.179%$368$6K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0188%1h0.2284−0.131%$4K$62K25xas long as short
01 Exchange BERAUSD+0.0192%1h0.2284−0.131%$4K$2K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2283−0.156%$2K100xas long as short
Hyperliquid BERA+0.0470%1h0.2285−0.092%$2.9M$954K5xas long as short
Backpack BERA_USDC_PERP+0.0838%1h0.2283−0.175%$37K$147K5xas long as short