Funding you earn now, next payment 21:00 UTC+0.0400%/8h= +43.8% APRnext payment +$0.50 per $10,000 · paid last 24h +0.099%
Price spread now: Lighter against Coinbase International+0.514%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.095%+$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Lighter is 0.514% dearer against Coinbase International than usual: you sell high and buy low: +$51 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.095% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BERA-PERP-INTX | 0.2259 | −0.0304 | get 0.0038% / 1h | 7m 21s | $10K | $45K | 50x |
| Short | Lighter BERA | 0.2271 | 0.0096 | get 0.0012% / 1h | 7m 21s | $63K | $93K | 5x |
Coinbase International BERA-PERP-INTX
Lighter BERAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Coinbase International. 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
- $84
- Price spread: +0.514% → 0.000%
- $51.35
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $125.35
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Coinbase International and 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BERA/USDC PERP | −0.5000% | 1h | 0.2133 | −5.578% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0565% | 1h | 0.2269 | +0.446% | $51K | $26K | 20x | as long as short |
| Coinbase International BERA-PERP-INTXlong | −0.0304% | 1h | 0.2259 | long leg | $10K | $45K | 50x | |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2268 | +0.398% | $4K | $62K | 25x | as long as short |
| 01 Exchange BERAUSD | +0.0056% | 1h | 0.2267 | +0.354% | $4K | $2K | 5x | as long as short |
| Lighter BERAshort | +0.0096% | 1h | 0.2271 | +0.514% | $63K | $93K | 5x | |
| Aster BERAUSDT | +0.0100% | 4h | 0.2270 | +0.479% | $13K | $28K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2268 | +0.398% | $5.5M | $13.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2265 | +0.266% | $3.1M | $4.2M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2265 | +0.266% | $1.5M | $3.2M | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Deribit BERA_USDC-PERPETUAL
01 Exchange BERAUSD
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2269 | +0.443% | $335K | $391K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2268 | +0.398% | $1.2M | $437K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2265 | +0.266% | $549K | $220K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2267 | +0.354% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2268 | +0.398% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2263 | +0.197% | $83K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2273 | +0.616% | $105K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2280 | +0.930% | $34K | $452K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2267 | +0.354% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2267 | +0.350% | $371 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0135% | 4h | 0.2269 | +0.443% | $292K | $88K | 75x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2268 | +0.406% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0820% | 1h | 0.2273 | +0.624% | $2.9M | $956K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0836% | 1h | 0.2272 | +0.580% | $38K | $149K | 5x | as long as short |
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
BloFin BERA-USDT
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
Backpack BERA_USDC_PERP