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

BERA

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0217%/8h= −23.8% APRpaid last 24h −0.010%
Price spread now: Variational Omni against Lighter−0.100%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.100% cheaper against Lighter than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BERA0.22540.0096pay 0.0012% / 1h47m 32s$61K$89K5x
ShortVariational Omni BERA0.2252−0.0121pay 0.0061% / 4h2h 47m$83K$49K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$45.63
Price spread: −0.100% → 0.000%
−$9.98
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$55.61
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Lighter: no order-book sample; Variational Omni: 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 Variational Omni no order-book sample
Lighter and Variational Omni: 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%1h0.2127−5.630%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.1063%1h0.2255+0.057%$51K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0280%1h0.2241−0.572%$15K$51K50xas long as short
Variational Omni BERAshort−0.0121%4h0.2252−0.100%$83K$49K
Lighter BERAlong+0.0096%1h0.2254long leg$61K$89K5x
Aster BERAUSDT+0.0100%4h0.2255+0.068%$14K$25K5xas long as short
Binance BERAUSDT+0.0100%4h0.2255+0.063%$5.4M$13.8M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2251−0.129%$3.0M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2253−0.040%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2256+0.093%$333K$373K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2254+0.004%$1.2M$441K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2254+0.004%$538K$230K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2254+0.004%$1.4M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2254+0.004%$6.6Mas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2260+0.271%$32K$464K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2257+0.138%$8K$68610xas long as short
SoDEX BERA-USD+0.0100%1h0.2256+0.093%$367$6K5xas long as short
BloFin BERA-USDT+0.0124%4h0.2263+0.404%$289K$88K75xas long as short
Deribit BERA_USDC-PERPETUAL+0.0193%1h0.2257+0.138%$4K$56K25xas long as short
GRVT BERA_USDT_Perp+0.0196%4h0.2262+0.359%$106K$3.0M10xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2255+0.040%$2K100xas long as short
01 Exchange BERAUSD+0.0336%1h0.2256+0.093%$4K$2K5xas long as short
Hyperliquid BERA+0.0368%1h0.2260+0.253%$2.9M$915K5xas long as short
Backpack BERA_USDC_PERP+0.0939%1h0.2259+0.226%$38K$155K5xas long as short