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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.015%
Price spread now: GRVT against Lighter+0.119%7-day average · you sell dearer than you buy
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 airdropLighter: Season 3 · GRVT: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.119% dearer against Lighter than usual: you sell high and buy low, +$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BERA0.22710.0096pay 0.0012% / 1h45m 24s$63K$93K5x
ShortGRVT BERA_USDT_Perp0.22740.0100get 0.0050% / 4h2h 45m$117K$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.119% → 0.000%
$11.89
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$3.73
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Lighter: no order-book sample; GRVT: live order book, 3 min ago. 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 GRVT live order book, 3 min ago4.40 bp20.7 bp −$2162.1 bp −$621doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BERA/USDC PERP−0.5000%1h0.2137−5.913%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0564%1h0.2272+0.020%$51K$27K20xas long as short
Coinbase International BERA-PERP-INTX−0.0304%1h0.2266−0.233%$10K$45K50xas long as short
01 Exchange BERAUSD−0.0080%1h0.2271−0.013%$4K$2K5xas long as short
Variational Omni BERA+0.0028%4h0.2269−0.123%$84K$53Kas long as short
Lighter BERAlong+0.0096%1h0.2271long leg$63K$93K5x
Bybit BERAUSDT+0.0098%4h0.2267−0.189%$3.1M$4.2M25xas long as short
Aster BERAUSDT+0.0100%4h0.2273+0.058%$13K$28K5xas long as short
Binance BERAUSDT+0.0100%4h0.2272+0.031%$5.5M$13.7M50xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2268−0.145%$1.5M$3.3M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2270−0.057%$339K$388K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2272+0.031%$1.2M$434K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2267−0.189%$550K$221K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2271−0.013%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2269−0.101%$6.6Mas long as short
GRVT BERA_USDT_Perpshort+0.0100%4h0.2274+0.119%$117K$2.9M10x
ApeX Omni BERAUSDT+0.0100%1h0.2270−0.057%$32K$455K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2271−0.013%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2271−0.018%$374$6K5xas long as short
BloFin BERA-USDT+0.0142%4h0.2273+0.075%$295K$88K75xas long as short
Deribit BERA_USDC-PERPETUAL+0.0190%1h0.2272+0.031%$4K$63K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2271+0.008%$2K100xas long as short
Backpack BERA_USDC_PERP+0.0494%1h0.2273+0.057%$37K$154K5xas long as short
Hyperliquid BERA+0.0926%1h0.2275+0.176%$2.9M$987K5xas long as short