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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.009%
Price spread now: Lighter against Bybit+0.122%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−0.059%−$6 on $10k
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 0.122% dearer against Bybit 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
LongBybit BERAUSDT0.23040.0100pay 0.0050% / 4h17m 16s$3.1M$4.1M25x
ShortLighter BERA0.23070.0096get 0.0012% / 1h17m 16s$62K$81K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bybit. 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: +0.122% → 0.000%
$12.15
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Lighter: 0 bp × 2 orders
$0
Net
$0.31
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Bybit: live order book, just now; 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 Bybit live order book, just now2.17 bp28.1 bp −$2870.3 bp −$703doesn't fitdoesn't fit
Sell Lighter no order-book sample
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%1h0.2165−6.033%$2K$3K12xas long as short
Kraken Futures PF_BERAUSD−0.0487%1h0.2306+0.104%$52K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0328%1h0.2300−0.174%$15K$53K50xas long as short
Lighter BERAshort+0.0096%1h0.2307+0.122%$62K$81K5x
Aster BERAUSDT+0.0100%4h0.2306+0.070%$15K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2308+0.174%$5.4M$14.2M50xas long as short
Bybit BERAUSDTlong+0.0100%4h0.2304long leg$3.1M$4.1M25x
OKX BERA-USDT-SWAP+0.0100%4h0.2305+0.043%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2305+0.043%$354K$358K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2307+0.130%$1.2M$400K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.23040.000%$555K$230K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2306+0.087%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2306+0.087%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2301−0.127%$84K$49Kas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2310+0.260%$51K$450K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2307+0.130%$9K$98710xas long as short
SoDEX BERA-USD+0.0100%1h0.2307+0.130%$379$6K5xas long as short
BloFin BERA-USDT+0.0106%4h0.23040.000%$283K$77K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2307+0.150%$2K100xas long as short
01 Exchange BERAUSD+0.0264%1h0.2308+0.174%$3K$3K5xas long as short
Hyperliquid BERA+0.0314%1h0.2311+0.326%$2.9M$890K5xas long as short
GRVT BERA_USDT_Perp+0.0352%4h0.2307+0.118%$108K$3.2M10xas long as short
Backpack BERA_USDC_PERP+0.0385%1h0.2308+0.187%$28K$161K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0617%1h0.2309+0.217%$3K$59K25xas long as short