BERA

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.049%

Price spread now: Lighter against 01 Exchange−0.132%52s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Lighter

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.132% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.132% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 2.5 days of funding at the current rate (+$5 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange BERAUSD	0.2271	−0.0080	get 0.0010% / 1h	44m 49s	$4K	$2K	5x
Short	Lighter BERA	0.2268	0.0096	get 0.0012% / 1h	44m 49s	$62K	$93K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against 01 Exchange. 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

Position, each leg$Hold fordaysFee 01 ExchangebpFee LighterbpOrdersPrice spread, now −0.132%Rate

Funding earned: $36.96
Price spread: −0.132% → 0.000%: −$13.21
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: $16.75
Costs to cover: 0.070%
Break-even: 3.8 days

Slippage unknown: 01 Exchange: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy 01 Exchange no order-book sample	—	—	—	—	—
Sell Lighter no order-book sample	—	—	—	—	—

01 Exchange 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BERA/USDC PERP	−0.5000%	1h	0.2137	−5.900%	$2K	$4K	12x	as long as short
Kraken Futures PF_BERAUSD	−0.0564%	1h	0.2272	+0.033%	$51K	$27K	20x	as long as short
Coinbase International BERA-PERP-INTX	−0.0304%	1h	0.2266	−0.220%	$10K	$45K	50x	as long as short
01 Exchange BERAUSDlong	−0.0080%	1h	0.2271	long leg	$4K	$2K	5x
Variational Omni BERA	+0.0028%	4h	0.2269	−0.110%	$84K	$53K	—	as long as short
Lighter BERAshort	+0.0096%	1h	0.2268	−0.132%	$62K	$93K	5x
Bybit BERAUSDT	+0.0098%	4h	0.2264	−0.308%	$3.1M	$4.2M	25x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2270	−0.036%	$13K	$28K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2269	−0.098%	$5.5M	$13.7M	50x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2263	−0.352%	$1.5M	$3.3M	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BERA_USDT	+0.0100%	4h	0.2268	−0.132%	$339K	$388K	50x	as long as short
MEXC BERA_USDT	+0.0100%	4h	0.2269	−0.088%	$1.2M	$434K	20x	as long as short
KuCoin BERAUSDTM	+0.0100%	4h	0.2265	−0.264%	$549K	$221K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2270	−0.044%	$1.5M	$1.1M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2268	−0.132%	—	$6.6M	—	as long as short
GRVT BERA_USDT_Perp	+0.0100%	4h	0.2274	+0.132%	$117K	$2.9M	10x	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2270	−0.044%	$32K	$455K	50x	as long as short
Orderly PERP_BERA_USDC	+0.0100%	4h	0.2271	0.000%	$9K	$1K	10x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2271	−0.004%	$374	$6K	5x	as long as short
BloFin BERA-USDT	+0.0148%	4h	0.2270	−0.044%	$294K	$88K	75x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0190%	1h	0.2272	+0.044%	$4K	$63K	25x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2271	+0.021%	$2K	—	100x	as long as short
Backpack BERA_USDC_PERP	+0.0503%	1h	0.2270	−0.040%	$37K	$154K	5x	as long as short
Hyperliquid BERA	+0.0927%	1h	0.2271	+0.004%	$2.9M	$987K	5x	as long as short