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−0.0132%/8h= −14.5% APRpaid last 24h −0.003%
Price spread now: Variational Omni against Lighter−0.562%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 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.562% cheaper against Lighter than usual: you would sell low and buy high (−$56 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BERA0.22830.0096pay 0.0012% / 1h9m 01s$62K$90K5x
ShortVariational Omni BERA0.2270−0.0036pay 0.0018% / 4h9m 01s$84K$49K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$27.74
Price spread: −0.562% → 0.000%
−$56.19
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$83.94
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Lighter: no order-book sample; Variational Omni: 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 Variational Omni no order-book sample
Lighter and Variational Omni: 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%1h0.2140−6.264%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.0419%1h0.2283−0.003%$51K$24K20xas long as short
Coinbase International BERA-PERP-INTX−0.0296%1h0.2269−0.613%$9K$44K50xas long as short
Variational Omni BERAshort−0.0036%4h0.2270−0.562%$84K$49K
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2284+0.044%$4K$61K25xas long as short
Bybit BERAUSDT+0.0051%4h0.2280−0.131%$3.1M$4.1M25xas long as short
Lighter BERAlong+0.0096%1h0.2283long leg$62K$90K5x
Aster BERAUSDT+0.0100%4h0.2281−0.066%$13K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.22830.000%$5.6M$13.5M50xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2279−0.175%$1.5M$3.2M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2282−0.044%$338K$390K50xas long as short
MEXC BERA_USDT+0.0100%4h0.22830.000%$1.3M$436K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2280−0.131%$546K$227K50xas long as short
Bitget BERAUSDT+0.0100%4h0.22830.000%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2280−0.131%$6.6Mas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2277−0.264%$116K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2280−0.131%$37K$461K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.22830.000%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2284+0.026%$368$6K5xas long as short
BloFin BERA-USDT+0.0141%4h0.22830.000%$292K$83K75xas long as short
01 Exchange BERAUSD+0.0152%1h0.2282−0.044%$4K$2K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2284+0.022%$2K100xas long as short
Hyperliquid BERA+0.0299%1h0.2287+0.175%$2.9M$953K5xas long as short
Backpack BERA_USDC_PERP+0.0582%1h0.2285+0.105%$37K$148K5xas long as short