Funding you earn now, next payment 06:00 UTC−0.0110%/8h= −12.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.027%
Price spread now: Lighter against GMX−0.069%7-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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter is 0.069% cheaper against GMX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX BERA/USD [ETH-USDC] | 0.2258 | L +0.0206% / S −0.0592% | pay 0.0026% / 1h | 27m 16s | $2K | — | 100x |
| Short | Lighter BERA | 0.2257 | 0.0096 | get 0.0012% / 1h | 27m 16s | $64K | $73K | 5x |
GMX BERA/USD [ETH-USDC]
Lighter BERAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GMX. 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
- −$23.09
- Price spread: −0.069% → 0.000%
- −$6.91
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$42
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
GMX 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 | 0.2125 | −5.901% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0774% | 1h | 0.2256 | −0.104% | $50K | $24K | 20x | as long as short |
| Lighter BERAshort | +0.0096% | 1h | 0.2257 | −0.069% | $64K | $73K | 5x | |
| Orderly PERP_BERA_USDC | +0.0096% | 4h | 0.2258 | −0.012% | $9K | $787 | 10x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2258 | −0.024% | $15K | $22K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2256 | −0.089% | $5.3M | $9.7M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2254 | −0.189% | $3.0M | $2.3M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2256 | −0.100% | $1.4M | $2.0M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2260 | +0.077% | $353K | $260K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2256 | −0.100% | $1.2M | $346K | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Orderly PERP_BERA_USDC
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2258 | −0.012% | $547K | $129K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2259 | +0.033% | $1.5M | $776K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2259 | +0.033% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2263 | +0.214% | $26K | $151K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2264 | +0.261% | $83K | $51K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2270 | +0.538% | $106K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | +0.520% | $39K | $455K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2257 | −0.060% | $363 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0102% | 4h | 0.2261 | +0.121% | $277K | $70K | 75x | as long as short |
| 01 Exchange BERAUSD | +0.0128% | 1h | 0.2259 | +0.033% | $3K | $864 | 5x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.0160% | 1h | 0.2274 | +0.697% | $20K | $60K | 50x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0193% | 1h | 0.2257 | −0.056% | $9K | $51K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC]long | L +0.0206% / S −0.0592% | 1h | 0.2258 | long leg | $2K | — | 100x | |
| Hyperliquid BERA | +0.0323% | 1h | 0.2264 | +0.241% | $2.9M | $597K | 5x | as long as short |
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
BloFin BERA-USDT
01 Exchange BERAUSD
Coinbase International BERA-PERP-INTX
Deribit BERA_USDC-PERPETUAL
Hyperliquid BERA