Funding you earn now, next payment 06:00 UTC+0.0504%/8h= +55.2% APRnext payment +$0.63 per $10,000 · paid last 24h −0.114%
Price spread now: Coinbase International against Lighter+0.951%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.123%−$12 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 for this trade now. Funding pays +$15 a day on $10k at the current rate, and Coinbase International is 0.951% dearer against Lighter than usual: you sell high and buy low: +$95 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 −0.123%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.123% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.63 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BERA | 0.2291 | 0.0096 | pay 0.0012% / 1h | 55m 34s | $65K | $73K | 5x |
| Short | Coinbase International BERA-PERP-INTX | 0.2313 | 0.0600 | get 0.0075% / 1h | 55m 34s | $20K | $56K | 50x |
Lighter BERA
Coinbase International BERA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $105.84
- Price spread: +0.951% → 0.000%
- $95.15
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $190.99
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Coinbase International: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Lighter and Coinbase International: 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 | 0.2156 | −5.901% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.1559% | 1h | 0.2290 | −0.043% | $51K | $21K | 20x | as long as short |
| BloFin BERA-USDT | +0.0070% | 4h | 0.2305 | +0.602% | $279K | $76K | 75x | as long as short |
| Orderly PERP_BERA_USDC | +0.0095% | 4h | 0.2292 | +0.035% | $9K | $787 | 10x | as long as short |
| Lighter BERAlong | +0.0096% | 1h | 0.2291 | long leg | $65K | $73K | 5x | |
| Aster BERAUSDT | +0.0100% | 4h | 0.2293 | +0.079% | $15K | $21K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2291 | −0.008% | $5.4M | $9.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2287 | −0.183% | $3.1M | $2.2M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2289 | −0.096% | $1.4M | $2.0M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2293 | +0.079% | $346K | $258K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
BloFin BERA-USDT
Orderly PERP_BERA_USDC
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2292 | +0.035% | $1.2M | $325K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2292 | +0.035% | $555K | $126K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2293 | +0.079% | $1.5M | $760K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2291 | −0.009% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2292 | +0.039% | $24K | $204K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2288 | −0.157% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2295 | +0.172% | $106K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | −0.052% | $52K | $472K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2290 | −0.048% | $368 | $6K | 5x | as long as short |
| Hyperliquid BERA | +0.0139% | 1h | 0.2295 | +0.161% | $2.9M | $597K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0160% | 1h | 0.2290 | −0.052% | $3K | $864 | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0187% | 1h | 0.2291 | −0.009% | $9K | $46K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2290 | −0.034% | $2K | — | 100x | as long as short |
| Coinbase International BERA-PERP-INTXshort | +0.0600% | 1h | 0.2313 | +0.951% | $20K | $56K | 50x |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
Hyperliquid BERA
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]