Funding you earn now, next payment 23:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h −0.039%
Price spread now: Deribit against Lighter+0.155%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−0.404%−$40 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 +$3 a day on $10k at the current rate, and Deribit is 0.155% dearer against Lighter than usual: you sell high and buy low: +$15 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 −0.404%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BERA | 0.2263 | 0.0096 | pay 0.0012% / 1h | 16m 59s | $62K | $89K | 5x |
| Short | Deribit BERA_USDC-PERPETUAL | 0.2266 | 0.0192 | get 0.0024% / 1h | 16m 59s | $4K | $62K | 25x |
Lighter BERA
Deribit BERA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $20.06
- Price spread: +0.155% → 0.000%
- $15.47
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $28.52
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Deribit: 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 Deribit no order-book sample | — | — | — | — | — |
Lighter and Deribit: 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 | 0.2128 | −5.945% | $2K | $4K | 12x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0320% | 1h | 0.2258 | −0.199% | $9K | $45K | 50x | as long as short |
| Kraken Futures PF_BERAUSD | 0.0000% | 1h | 0.2261 | −0.046% | $51K | $25K | 20x | as long as short |
| Lighter BERAlong | +0.0096% | 1h | 0.2263 | long leg | $62K | $89K | 5x | |
| Aster BERAUSDT | +0.0100% | 4h | 0.2264 | +0.081% | $13K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2264 | +0.051% | $5.5M | $13.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2260 | −0.110% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2260 | −0.110% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2261 | −0.066% | $334K | $393K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2263 | +0.022% | $1.2M | $433K | 20x | as long as short |
Injective BERA/USDC PERP
Coinbase International BERA-PERP-INTX
Kraken Futures PF_BERAUSD
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2261 | −0.066% | $546K | $220K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2263 | +0.022% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2264 | +0.066% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2260 | −0.101% | $83K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2267 | +0.196% | $115K | $2.7M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | +0.331% | $32K | $457K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2265 | +0.110% | $8K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2265 | +0.110% | $371 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0158% | 4h | 0.2264 | +0.066% | $287K | $88K | 75x | as long as short |
| 01 Exchange BERAUSD | +0.0176% | 1h | 0.2267 | +0.199% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUALshort | +0.0192% | 1h | 0.2266 | +0.155% | $4K | $62K | 25x | |
| GMX BERA/USD [ETH-USDC] | L +0.0205% / S −0.0592% | 1h | 0.2265 | +0.090% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0470% | 1h | 0.2267 | +0.203% | $2.9M | $948K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0760% | 1h | 0.2265 | +0.102% | $36K | $149K | 5x | as long as short |
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
BloFin BERA-USDT
01 Exchange BERAUSD
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
Backpack BERA_USDC_PERP