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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0513%/8h= −56.2% APRnext payment $0.64 per $10,000 · paid last 24h +9.445%
Price spread now: Kraken Futures against Lighter+0.025%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+17.281%+$1,728 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
The price spread pays, funding is against you. Kraken Futures is 0.025% dearer against Lighter than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +17.281%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BERA0.22920.0096pay 0.0012% / 1h44m 38s$62K$90K5x
ShortKraken Futures PF_BERAUSD0.2293−0.0417pay 0.0052% / 1h44m 38s$51K$24K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$107.82
Price spread: +0.025% → 0.000%
$2.54
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$115.28
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Lighter: no order-book sample; Kraken Futures: 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 Lighter no order-book sample
Sell Kraken Futures no order-book sample
Lighter and Kraken Futures: 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%1h0.2156−5.934%$2K$5K12xas long as short
Kraken Futures PF_BERAUSDshort−0.0417%1h0.2293+0.025%$51K$24K20x
Coinbase International BERA-PERP-INTX−0.0296%1h0.2259−1.440%$9K$45K50xas long as short
BloFin BERA-USDT+0.0045%4h0.22920.000%$291K$91K75xas long as short
Lighter BERAlong+0.0096%1h0.2292long leg$62K$90K5x
Aster BERAUSDT+0.0100%4h0.2293+0.025%$14K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2293+0.027%$5.6M$13.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2290−0.087%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2290−0.087%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2291−0.044%$339K$388K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.22920.000%$1.3M$432K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2290−0.087%$552K$225K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2291−0.044%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2290−0.087%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2289−0.122%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2296+0.175%$115K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290−0.087%$37K$462K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.22920.000%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.22920.000%$373$6K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0186%1h0.2293+0.044%$4K$62K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2292+0.020%$2K100xas long as short
01 Exchange BERAUSD+0.0216%1h0.2294+0.087%$4K$2K5xas long as short
Hyperliquid BERA+0.0301%1h0.2296+0.166%$2.9M$959K5xas long as short
Backpack BERA_USDC_PERP+0.1088%1h0.2294+0.096%$37K$149K5xas long as short