Funding you earn now, next payment 12:00 UTC−0.6742%/8h= −738.2% APRnext payment −$8.43 per $10,000 · paid last 24h −3.713%
Price spread now: Lighter against Kraken Futures−0.211%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−16.991%−$1,699 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$202 a day on $10k at the current rate, and Lighter is 0.211% cheaper against Kraken Futures than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BERAUSD | 0.2254 | 0.6838 | pay 0.0855% / 1h | 11m 09s | $50K | $33K | 20x |
| Short | Lighter BERA | 0.2249 | 0.0096 | get 0.0012% / 1h | 11m 09s | $64K | $72K | 5x |
Kraken Futures PF_BERAUSD
Lighter BERAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Kraken Futures. 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
- −$1,415.73
- Price spread: −0.211% → 0.000%
- −$21.13
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$1,446.86
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Kraken Futures 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BERA/USDC PERP | −0.5000% | 1h | 0.2115 | −6.169% | $2K | $4K | 12x | as long as short |
| 01 Exchange BERAUSD | 0.0000% | 1h | 0.2248 | −0.269% | $3K | $866 | 5x | as long as short |
| Orderly PERP_BERA_USDC | +0.0081% | 4h | 0.2248 | −0.269% | $9K | $928 | 10x | as long as short |
| Lighter BERAshort | +0.0096% | 1h | 0.2249 | −0.211% | $64K | $72K | 5x | |
| Hyperliquid BERA | +0.0100% | 1h | 0.2250 | −0.171% | $2.4M | $1.0M | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2248 | −0.269% | $15K | $20K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2249 | −0.225% | $5.2M | $8.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2248 | −0.269% | $2.9M | $1.9M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2248 | −0.269% | $1.3M | $1.9M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2246 | −0.358% | $322K | $242K | 50x | as long as short |
Injective BERA/USDC PERP
01 Exchange BERAUSD
Orderly PERP_BERA_USDC
Hyperliquid BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDTShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2248 | −0.269% | $1.2M | $291K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2246 | −0.358% | $525K | $145K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2247 | −0.313% | $1.4M | $794K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2247 | −0.313% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2249 | −0.229% | $25K | $227K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2246 | −0.364% | $80K | $51K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2249 | −0.209% | $105K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2240 | −0.624% | $46K | $491K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2249 | −0.225% | $349 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0144% | 4h | 0.2249 | −0.225% | $264K | $74K | 75x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0195% | 1h | 0.2250 | −0.180% | $1K | $36K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2248 | −0.261% | $2K | — | 100x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.0880% | 1h | 0.2254 | −0.003% | $16K | $49K | 50x | as long as short |
| Kraken Futures PF_BERAUSDlong | +0.6838% | 1h | 0.2254 | long leg | $50K | $33K | 20x |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
BloFin BERA-USDT
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTX