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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.044%
Price spread now: Lighter against Hyperliquid−0.043%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 7 days+0.033%+$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.043% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid BERA0.23100.0100pay 0.0013% / 1h57m 23s$2.9M$697K5x
ShortLighter BERA0.23090.0096get 0.0012% / 1h57m 23s$62K$77K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Hyperliquid. 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
−$0.84
Price spread: −0.043% → 0.000%
−$4.33
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
−$14.17
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 4 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 4 min ago0.65 bp12.8 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Lighter no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BERA/USDC PERP−0.5000%1h0.2171−6.017%$2K$3K12xas long as short
Kraken Futures PF_BERAUSD−0.1521%1h0.2308−0.105%$52K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0304%1h0.2306−0.173%$14K$52K50xas long as short
Lighter BERAshort+0.0096%1h0.2309−0.043%$62K$77K5x
Hyperliquid BERAlong+0.0100%1h0.2310long leg$2.9M$697K5x
Aster BERAUSDT+0.0100%4h0.2308−0.086%$15K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2307−0.124%$5.4M$12.7M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2304−0.260%$3.1M$3.5M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2303−0.303%$1.5M$2.7M20xas long as short
Gate BERA_USDT+0.0100%4h0.2308−0.087%$375K$269K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2307−0.130%$1.2M$378K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2307−0.130%$552K$220K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2306−0.173%$1.5M$950K50xas long as short
BingX BERA-USDT+0.0100%4h0.2306−0.173%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2308−0.091%$28K$158K5xas long as short
Variational Omni BERA+0.0100%4h0.2305−0.212%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2308−0.087%$109K$3.2M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.23100.000%$51K$440K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2306−0.173%$9K$93710xas long as short
SoDEX BERA-USD+0.0100%1h0.2306−0.169%$371$6K5xas long as short
BloFin BERA-USDT+0.0121%4h0.2309−0.043%$283K$76K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0179% / S −0.0067%1h0.2305−0.223%$4K100xas long as short
Deribit BERA_USDC-PERPETUAL+0.0184%1h0.2306−0.173%$3K$45K25xas long as short
01 Exchange BERAUSD+0.0232%1h0.2306−0.173%$3K$3K5xas long as short