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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0039%/8h= −4.3% APRnext payment $0.05 per $10,000 · paid last 24h +0.126%
Price spread now: GMX against Lighter−0.009%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 3 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 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BERA0.22970.0096pay 0.0012% / 1h11m 01s$65K$84K5x
ShortGMX BERA/USD [ETH-USDC]0.2296L +0.0162% / S −0.0057%get 0.0007% / 1h11m 01s$4K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$8.26
Price spread: −0.009% → 0.000%
−$0.91
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee GMX: 6 bp × 2 orders
−$12
Net
−$21.17
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Lighter: no order-book sample; GMX: 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 GMX no order-book sample
Lighter and GMX: 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%1h0.2159−5.991%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1528%1h0.2297+0.019%$51K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0304%1h0.2310+0.583%$21K$60K50xas long as short
Lighter BERAlong+0.0096%1h0.2297long leg$65K$84K5x
Aster BERAUSDT+0.0100%4h0.2297+0.024%$16K$21K5xas long as short
Binance BERAUSDT+0.0100%4h0.2296−0.038%$5.4M$10.0M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2293−0.157%$3.1M$2.4M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2294−0.113%$1.5M$2.1M20xas long as short
Gate BERA_USDT+0.0100%4h0.2296−0.026%$370K$278K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2296−0.026%$1.2M$381K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2296−0.026%$551K$132K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2298+0.061%$1.5M$800K50xas long as short
BingX BERA-USDT+0.0100%4h0.2295−0.070%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2296−0.017%$28K$148K5xas long as short
Variational Omni BERA+0.0100%4h0.2291−0.241%$84K$52Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2301+0.173%$109K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2300+0.148%$40K$447K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2295−0.070%$9K$93710xas long as short
SoDEX BERA-USD+0.0100%1h0.2296−0.026%$372$6K5xas long as short
BloFin BERA-USDT+0.0132%4h0.2297+0.017%$283K$73K75xas long as short
Hyperliquid BERA+0.0134%1h0.2299+0.126%$2.9M$611K5xas long as short
01 Exchange BERAUSD+0.0160%1h0.2295−0.070%$3K$8645xas long as short
GMX BERA/USD [ETH-USDC]shortL +0.0162% / S −0.0057%1h0.2296−0.009%$4K100x
Deribit BERA_USDC-PERPETUAL+0.0186%1h0.2296−0.026%$3K$45K25xas long as short