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

BERA

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0279%/8h= +30.5% APRnext payment +$0.35 per $10,000 · paid last 24h −8.146%
Price spread now: Lighter against Kraken Futures+0.022%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−17.237%−$1,724 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
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Lighter is 0.022% dearer against Kraken Futures than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −17.237%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BERAUSD0.2284−0.0183get 0.0023% / 1h30m 15s$51K$25K20x
ShortLighter BERA0.22850.0096get 0.0012% / 1h30m 15s$62K$88K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Kraken Futures. 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
$58.51
Price spread: +0.022% → 0.000%
$2.22
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$50.73
Costs to cover
0.100%
Break-even
0.9 days
Slippage unknown: Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Lighter no order-book sample
Kraken Futures 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BERA/USDC PERP−0.5000%1h0.2143−6.185%$2K$5K12xas long as short
Coinbase International BERA-PERP-INTX−0.0376%1h0.2252−1.414%$15K$52K50xas long as short
Kraken Futures PF_BERAUSDlong−0.0183%1h0.2284long leg$51K$25K20x
Lighter BERAshort+0.0096%1h0.2285+0.022%$62K$88K5x
Orderly PERP_BERA_USDC+0.0099%4h0.2284−0.013%$9K$88310xas long as short
Aster BERAUSDT+0.0100%4h0.2283−0.048%$16K$26K5xas long as short
Binance BERAUSDT+0.0100%4h0.2286+0.075%$5.3M$14.1M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2283−0.057%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2283−0.057%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2286+0.075%$346K$391K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2286+0.075%$1.2M$436K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2285+0.031%$545K$229K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2284−0.013%$1.4M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2285+0.031%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2277−0.318%$83K$49Kas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270−0.626%$32K$453K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2284−0.013%$373$6K5xas long as short
BloFin BERA-USDT+0.0133%4h0.2276−0.363%$279K$75K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2284−0.018%$2K100xas long as short
Hyperliquid BERA+0.0350%1h0.2288+0.171%$2.9M$913K5xas long as short
01 Exchange BERAUSD+0.0416%1h0.2286+0.075%$3K$3K5xas long as short
GRVT BERA_USDT_Perp+0.0426%4h0.2278−0.289%$114K$3.2M10xas long as short
Deribit BERA_USDC-PERPETUAL+0.0626%1h0.2286+0.075%$4K$54K25xas long as short
Backpack BERA_USDC_PERP+0.0973%1h0.2283−0.035%$35K$157K5xas long as short