Funding you earn now, next payment 08:00 UTC+0.0496%/8h= +54.4% APRnext payment +$0.62 per $10,000 · paid last 24h +0.132%
Price spread now: GMX against Lighter−0.072%99s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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. GMX is 0.072% cheaper against Lighter than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 12 hours of funding at the current rate (+$15 a day). The two prices were read 99 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 | Lighter BERA | 0.2292 | 0.0096 | pay 0.0012% / 1h | 13m 43s | $64K | $74K | 5x |
| Short | GMX BERA/USD [ETH-USDC] | 0.2290 | L +0.0206% / S −0.0592% | get 0.0074% / 1h | 13m 43s | $2K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $104.26
- Price spread: −0.072% → 0.000%
- −$7.16
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $85.11
- Costs to cover
- 0.120%
- Break-even
- 1.3 days
Slippage unknown: Lighter: no order-book sample; GMX: 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 Lighter no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Lighter and GMX: 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 | 0.2155 | −5.973% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.1275% | 1h | 0.2292 | −0.012% | $51K | $21K | 20x | as long as short |
| Orderly PERP_BERA_USDC | +0.0080% | 4h | 0.2293 | +0.048% | $9K | $787 | 10x | as long as short |
| BloFin BERA-USDT | +0.0095% | 4h | 0.2287 | −0.214% | $281K | $76K | 75x | as long as short |
| Lighter BERAlong | +0.0096% | 1h | 0.2292 | long leg | $64K | $74K | 5x | |
| 01 Exchange BERAUSD | +0.0096% | 1h | 0.2292 | +0.004% | $3K | $864 | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2294 | +0.105% | $2.9M | $589K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2294 | +0.074% | $13K | $22K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2293 | +0.064% | $5.5M | $9.3M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2291 | −0.039% | $3.1M | $2.1M | 25x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2291 | −0.039% | $1.4M | $1.9M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2291 | −0.039% | $345K | $271K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2293 | +0.048% | $1.2M | $323K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2292 | +0.004% | $552K | $128K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2292 | +0.004% | $1.5M | $780K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2292 | +0.004% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2293 | +0.052% | $25K | $204K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2287 | −0.207% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2288 | −0.178% | $116K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | −0.083% | $36K | $482K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2293 | +0.026% | $369 | $6K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0186% | 1h | 0.2294 | +0.092% | $9K | $45K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC]short | L +0.0206% / S −0.0592% | 1h | 0.2290 | −0.072% | $2K | — | 100x | |
| Coinbase International BERA-PERP-INTX | +0.0816% | 1h | 0.2300 | +0.353% | $19K | $53K | 50x | as long as short |
Lighter BERA
GMX BERA/USD [ETH-USDC]
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
BloFin BERA-USDT
01 Exchange BERAUSD
Hyperliquid BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
Deribit BERA_USDC-PERPETUAL
Coinbase International BERA-PERP-INTX