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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aster against Lighter−0.031%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 6 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 · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.031% cheaper against Lighter than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BERA0.22490.0096pay 0.0012% / 1h10m 38s$64K$72K5x
ShortAster BERAUSDT0.22480.0100get 0.0050% / 4h10m 38s$15K$20K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$0.84
Price spread: −0.031% → 0.000%
−$3.11
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$10.27
Costs to cover
0.080%
Break-even
92.6 days
Slippage unknown: Lighter: no order-book sample; Aster: 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 Aster no order-book sample
Lighter and Aster: 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 exchanges

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%1h0.2115−5.946%$2K$4K12xas long as short
01 Exchange BERAUSD0.0000%1h0.2248−0.031%$3K$8665xas long as short
Orderly PERP_BERA_USDC+0.0081%4h0.2248−0.031%$9K$92810xas long as short
Lighter BERAlong+0.0096%1h0.2249long leg$64K$72K5x
Hyperliquid BERA+0.0100%1h0.2251+0.089%$2.4M$1.0M5xas long as short
Aster BERAUSDTshort+0.0100%4h0.2248−0.031%$15K$20K5x
Binance BERAUSDT+0.0100%4h0.2249−0.003%$5.2M$8.6M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2248−0.031%$2.9M$1.9M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2248−0.031%$1.3M$1.9M20xas long as short
Gate BERA_USDT+0.0100%4h0.2246−0.120%$322K$242K50xas long as short
Show all 24 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2248−0.031%$1.2M$291K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2246−0.120%$525K$145K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2247−0.076%$1.4M$794K50xas long as short
BingX BERA-USDT+0.0100%4h0.2247−0.076%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2249+0.009%$25K$227K5xas long as short
Variational Omni BERA+0.0100%4h0.2246−0.125%$80K$51Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2249+0.029%$105K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2240−0.387%$46K$491K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2249+0.013%$349$6K5xas long as short
BloFin BERA-USDT+0.0144%4h0.2249+0.013%$264K$74K75xas long as short
Deribit BERA_USDC-PERPETUAL+0.0195%1h0.2250+0.058%$1K$36K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2248−0.023%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0880%1h0.2254+0.236%$16K$49K50xas long as short
Kraken Futures PF_BERAUSD+0.6838%1h0.2254+0.238%$50K$33K20xas long as short