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
Funding, last 7 days+0.059%+$6 on $10k
+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 −$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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BERA | 0.2322 | 0.0096 | pay 0.0012% / 1h | 49m 23s | $63K | $77K | 5x |
| Short | Bybit BERAUSDT | 0.2318 | −0.0026 | pay 0.0013% / 4h | 3h 49m | $3.1M | $3.2M | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 2.15 bp | 21.0 bp −$21 | 73.9 bp −$739 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BERA/USDC PERP | −0.5000% | 1h | 0.2187 | −5.822% | $2K | $3K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.1513% | 1h | 0.2321 | −0.068% | $52K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2328 | +0.250% | $22K | $61K | 50x | as long as short |
| Bybit BERAUSDTshort | −0.0026% | 4h | 0.2318 | −0.181% | $3.1M | $3.2M | 25x | |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2320 | −0.095% | $3K | $45K | 25x | as long as short |
| BloFin BERA-USDT | +0.0066% | 4h | 0.2328 | +0.250% | $284K | $77K | 75x | as long as short |
| Lighter BERAlong | +0.0096% | 1h | 0.2322 | long leg | $63K | $77K | 5x | |
| Hyperliquid BERA | +0.0100% | 1h | 0.2325 | +0.133% | $2.9M | $669K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2328 | +0.251% | $16K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2322 | −0.009% | $5.5M | $11.7M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2320 | −0.095% | $1.5M | $2.5M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2323 | +0.034% | $376K | $272K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2323 | +0.034% | $1.3M | $378K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2322 | −0.009% | $557K | $217K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2319 | −0.138% | $1.5M | $906K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2321 | −0.052% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2324 | +0.060% | $85K | $49K | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2320 | −0.095% | $51K | $434K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2323 | +0.034% | $9K | $937 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2320 | −0.099% | $375 | $6K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0176% / S −0.0065% | 1h | 0.2323 | +0.014% | $4K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0216% | 1h | 0.2325 | +0.121% | $3K | $3K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0302% | 4h | 0.2321 | −0.050% | $110K | $3.2M | 10x | as long as short |
| Backpack BERA_USDC_PERP | +0.0316% | 1h | 0.2320 | −0.090% | $29K | $155K | 5x | as long as short |
Lighter BERA
Bybit BERAUSDT
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Deribit BERA_USDC-PERPETUAL
BloFin BERA-USDT
Hyperliquid BERA
Aster BERAUSDT
Binance BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
ApeX Omni BERAUSDT
SoDEX BERA-USD
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
GRVT BERA_USDT_Perp
Backpack BERA_USDC_PERP