Funding you earn now, next payment 01:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.006%
Price spread now: Bybit against Lighter−0.119%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+0.063%+$6 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 −$1 a day on $10k at the current rate, and Bybit is 0.119% cheaper against Lighter than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.063%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BERA | 0.2277 | 0.0096 | pay 0.0012% / 1h | 18m 43s | $62K | $90K | 5x |
| Short | Bybit BERAUSDT | 0.2274 | 0.0076 | get 0.0038% / 4h | 3h 18m | $3.1M | $4.1M | 25x |
Lighter BERA
Bybit BERAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Lighter. 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
- −$4.18
- Price spread: −0.119% → 0.000%
- −$11.86
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$27.04
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Bybit: live order book, 4 min ago. 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 4.38 bp | 26.4 bp −$26 | 150.5 bp −$1,505 | doesn't fit | doesn't fit |
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 | 0.2148 | −5.653% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0528% | 1h | 0.2279 | +0.101% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0328% | 1h | 0.2281 | +0.189% | $10K | $45K | 50x | as long as short |
| Variational Omni BERA | −0.0170% | 4h | 0.2282 | +0.216% | $84K | $49K | — | as long as short |
| Bybit BERAUSDTshort | +0.0076% | 4h | 0.2274 | −0.119% | $3.1M | $4.1M | 25x | |
| Lighter BERAlong | +0.0096% | 1h | 0.2277 | long leg | $62K | $90K | 5x | |
| Aster BERAUSDT | +0.0100% | 4h | 0.2280 | +0.124% | $13K | $24K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2276 | −0.026% | $5.6M | $13.5M | 50x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2274 | −0.119% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2282 | +0.233% | $339K | $376K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Variational Omni BERA
Aster BERAUSDT
Binance BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2276 | −0.031% | $1.3M | $438K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2280 | +0.145% | $542K | $228K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2277 | +0.013% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2278 | +0.057% | — | $6.6M | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | +0.584% | $32K | $456K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2285 | +0.365% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2282 | +0.242% | $372 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0114% | 4h | 0.2288 | +0.496% | $291K | $90K | 75x | as long as short |
| 01 Exchange BERAUSD | +0.0184% | 1h | 0.2287 | +0.452% | $4K | $2K | 5x | as long as short |
| Hyperliquid BERA | +0.0184% | 1h | 0.2282 | +0.237% | $2.9M | $908K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0186% | 4h | 0.2287 | +0.451% | $118K | $2.9M | 10x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0188% | 1h | 0.2285 | +0.365% | $4K | $56K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2285 | +0.382% | $2K | — | 100x | as long as short |
| Backpack BERA_USDC_PERP | +0.0623% | 1h | 0.2283 | +0.268% | $37K | $150K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
BloFin BERA-USDT
01 Exchange BERAUSD
Hyperliquid BERA
GRVT BERA_USDT_Perp
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP