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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Lighter against SoDEX−0.035%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.035% cheaper against SoDEX than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX BERA-USD0.22620.0100pay 0.0013% / 1h30m 32s$371$6K5x
ShortLighter BERA0.22610.0096get 0.0012% / 1h30m 32s$62K$89K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SoDEX. 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: −0.035% → 0.000%
−$3.54
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$12.38
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Lighter: 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 SoDEX no order-book sample
Sell Lighter no order-book sample
SoDEX and 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%1h0.2129−5.880%$2K$4K12xas long as short
Coinbase International BERA-PERP-INTX−0.0320%1h0.2261−0.044%$10K$45K50xas long as short
Kraken Futures PF_BERAUSD0.0000%1h0.2258−0.192%$51K$25K20xas long as short
BloFin BERA-USDT+0.0062%4h0.2266+0.177%$289K$87K75xas long as short
Lighter BERAshort+0.0096%1h0.2261−0.035%$62K$89K5x
Aster BERAUSDT+0.0100%4h0.2264+0.078%$13K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.22620.000%$5.5M$13.6M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2258−0.177%$3.0M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2259−0.133%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.22620.000%$334K$392K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2261−0.044%$1.2M$432K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2260−0.088%$546K$219K50xas long as short
Bitget BERAUSDT+0.0100%4h0.22620.000%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2261−0.044%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2268+0.276%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2275+0.553%$105K$2.7M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270+0.354%$32K$455K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.22620.000%$8K$1K10xas long as short
SoDEX BERA-USDlong+0.0100%1h0.2262long leg$371$6K5x
01 Exchange BERAUSD+0.0184%1h0.22620.000%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0192%1h0.22620.000%$4K$62K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2263+0.023%$2K100xas long as short
Hyperliquid BERA+0.0631%1h0.2265+0.124%$2.9M$954K5xas long as short
Backpack BERA_USDC_PERP+0.0838%1h0.2263+0.053%$36K$150K5xas long as short