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−0.0122%/8h= −13.3% APRpaid last 24h −0.003%
Price spread now: Bybit against Lighter−0.181%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+0.059%+$6 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 against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.181% cheaper against Lighter than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.059%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BERA0.23220.0096pay 0.0012% / 1h49m 23s$63K$77K5x
ShortBybit BERAUSDT0.2318−0.0026pay 0.0013% / 4h3h 49m$3.1M$3.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$25.53
Price spread: −0.181% → 0.000%
−$18.09
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$54.62
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Lighter: no order-book sample; Bybit: live order book, 3 min ago. 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 Bybit live order book, 3 min ago2.15 bp21.0 bp −$2173.9 bp −$739doesn't fitdoesn't fit
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%1h0.2187−5.822%$2K$3K12xas long as short
Kraken Futures PF_BERAUSD−0.1513%1h0.2321−0.068%$52K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0304%1h0.2328+0.250%$22K$61K50xas long as short
Bybit BERAUSDTshort−0.0026%4h0.2318−0.181%$3.1M$3.2M25x
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2320−0.095%$3K$45K25xas long as short
BloFin BERA-USDT+0.0066%4h0.2328+0.250%$284K$77K75xas long as short
Lighter BERAlong+0.0096%1h0.2322long leg$63K$77K5x
Hyperliquid BERA+0.0100%1h0.2325+0.133%$2.9M$669K5xas long as short
Aster BERAUSDT+0.0100%4h0.2328+0.251%$16K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2322−0.009%$5.5M$11.7M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BERA-USDT-SWAP+0.0100%4h0.2320−0.095%$1.5M$2.5M20xas long as short
Gate BERA_USDT+0.0100%4h0.2323+0.034%$376K$272K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2323+0.034%$1.3M$378K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2322−0.009%$557K$217K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2319−0.138%$1.5M$906K50xas long as short
BingX BERA-USDT+0.0100%4h0.2321−0.052%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2324+0.060%$85K$49Kas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2320−0.095%$51K$434K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2323+0.034%$9K$93710xas long as short
SoDEX BERA-USD+0.0100%1h0.2320−0.099%$375$6K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0176% / S −0.0065%1h0.2323+0.014%$4K100xas long as short
01 Exchange BERAUSD+0.0216%1h0.2325+0.121%$3K$3K5xas long as short
GRVT BERA_USDT_Perp+0.0302%4h0.2321−0.050%$110K$3.2M10xas long as short
Backpack BERA_USDC_PERP+0.0316%1h0.2320−0.090%$29K$155K5xas long as short