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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%
Price spread now: Bybit against Lighter−0.114%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 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: Bybit is 0.114% cheaper against Lighter than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BERA0.22870.0096pay 0.0012% / 1h37m 35s$64K$72K5x
ShortBybit BERAUSDT0.22840.0100get 0.0050% / 4h3h 37m$3.0M$2.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.114% → 0.000%
−$11.37
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$21.53
Costs to cover
0.110%
Break-even
186.4 days
Slippage unknown: Lighter: no order-book sample; Bybit: live order book, 5 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 Bybit live order book, 5 min ago2.19 bp27.5 bp −$2873.2 bp −$732doesn'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%1h0.2148−6.061%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1282%1h0.2286−0.024%$51K$21K20xas long as short
01 Exchange BERAUSD−0.0296%1h0.2287+0.017%$3K$8505xas long as short
BloFin BERA-USDT+0.0059%4h0.2283−0.157%$278K$72K75xas long as short
Orderly PERP_BERA_USDC+0.0076%4h0.2285−0.070%$9K$78710xas long as short
Lighter BERAlong+0.0096%1h0.2287long leg$64K$72K5x
Hyperliquid BERA+0.0100%1h0.2291+0.179%$2.9M$588K5xas long as short
Aster BERAUSDT+0.0100%4h0.2286−0.034%$13K$22K5xas long as short
Binance BERAUSDT+0.0100%4h0.2287+0.021%$5.4M$9.1M50xas long as short
Bybit BERAUSDTshort+0.0100%4h0.2284−0.114%$3.0M$2.0M25x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BERA-USDT-SWAP+0.0100%4h0.2285−0.070%$1.4M$1.9M20xas long as short
Gate BERA_USDT+0.0100%4h0.2284−0.114%$339K$260K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2288+0.061%$1.2M$317K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2286−0.026%$550K$127K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2287+0.017%$1.4M$805K50xas long as short
BingX BERA-USDT+0.0100%4h0.2284−0.114%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2287+0.035%$24K$205K5xas long as short
Variational Omni BERA+0.0100%4h0.2281−0.261%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2294+0.324%$116K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290+0.149%$36K$480K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2286−0.048%$370$6K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0188%1h0.2287+0.017%$9K$45K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2285−0.075%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0952%1h0.2300+0.586%$19K$53K50xas long as short