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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.005%
Price spread now: Aster against Lighter−0.072%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.072% cheaper against Lighter than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BERA0.22870.0096pay 0.0012% / 1h59m 40s$63K$89K5x
ShortAster BERAUSDT0.22850.0100get 0.0050% / 4h59m 40s$13K$27K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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: −0.072% → 0.000%
−$7.15
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$14.31
Costs to cover
0.080%
Break-even
126.3 days
Slippage unknown: Lighter: no order-book sample; Aster: 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 Lighter no order-book sample
Sell Aster no order-book sample
Lighter and Aster: 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%1h0.2139−6.475%$2K$4K12xas long as short
Coinbase International BERA-PERP-INTX−0.0320%1h0.2259−1.229%$9K$45K50xas long as short
Kraken Futures PF_BERAUSD0.0000%1h0.2286−0.061%$51K$24K20xas long as short
BloFin BERA-USDT+0.0091%4h0.2278−0.398%$287K$88K75xas long as short
Lighter BERAlong+0.0096%1h0.2287long leg$63K$89K5x
Hyperliquid BERA+0.0100%1h0.2290+0.114%$2.9M$946K5xas long as short
Aster BERAUSDTshort+0.0100%4h0.2285−0.072%$13K$27K5x
Binance BERAUSDT+0.0100%4h0.2287−0.004%$5.5M$13.6M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2283−0.179%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2282−0.223%$1.5M$3.2M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2285−0.092%$337K$388K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2286−0.048%$1.2M$423K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2284−0.136%$556K$224K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2286−0.048%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2285−0.092%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2274−0.564%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2281−0.267%$106K$2.7M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270−0.748%$33K$460K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2285−0.092%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2285−0.096%$374$6K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0188%1h0.2286−0.048%$4K$62K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2284−0.116%$2K100xas long as short
01 Exchange BERAUSD+0.0296%1h0.2288+0.039%$4K$2K5xas long as short
Backpack BERA_USDC_PERP+0.0853%1h0.2287−0.004%$37K$149K5xas long as short