Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.041%
Price spread now: Hyperliquid against Lighter+0.257%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−0.005%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.257% dearer against Lighter than usual: you sell high and buy low, +$26 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BERA | 0.2299 | 0.0096 | pay 0.0012% / 1h | 14m 33s | $65K | $72K | 5x |
| Short | Hyperliquid BERA | 0.2305 | 0.0100 | get 0.0013% / 1h | 14m 33s | $2.9M | $575K | 5x |
Lighter BERA
Hyperliquid BERAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $0.84
- Price spread: +0.257% → 0.000%
- $25.66
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $17.5
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Hyperliquid: live order book, 7 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 Hyperliquid live order book, 7 min ago | 1.96 bp | 30.2 bp −$30 | doesn't fit | 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 | 0.2154 | −6.303% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.1276% | 1h | 0.2296 | −0.125% | $51K | $21K | 20x | as long as short |
| 01 Exchange BERAUSD | −0.0152% | 1h | 0.2268 | −1.344% | $3K | $850 | 5x | as long as short |
| Orderly PERP_BERA_USDC | +0.0074% | 4h | 0.2297 | −0.083% | $9K | $815 | 10x | as long as short |
| Lighter BERAlong | +0.0096% | 1h | 0.2299 | long leg | $65K | $72K | 5x | |
| Hyperliquid BERAshort | +0.0100% | 1h | 0.2305 | +0.257% | $2.9M | $575K | 5x | |
| Aster BERAUSDT | +0.0100% | 4h | 0.2302 | +0.119% | $14K | $21K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2302 | +0.135% | $5.5M | $8.7M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2299 | +0.004% | $3.1M | $1.9M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2301 | +0.091% | $1.4M | $1.9M | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
01 Exchange BERAUSD
Orderly PERP_BERA_USDC
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2302 | +0.135% | $341K | $265K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2302 | +0.135% | $1.2M | $323K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2298 | −0.039% | $553K | $126K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2302 | +0.135% | $1.4M | $754K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2301 | +0.091% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2297 | −0.091% | $25K | $207K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2297 | −0.075% | $82K | $51K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2294 | −0.213% | $108K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | −0.387% | $53K | $491K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2296 | −0.126% | $368 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0140% | 4h | 0.2302 | +0.135% | $278K | $73K | 75x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0185% | 1h | 0.2298 | −0.039% | $9K | $42K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2297 | −0.094% | $2K | — | 100x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.0952% | 1h | 0.2305 | +0.265% | $19K | $48K | 50x | as long as short |
Gate BERA_USDT
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
BloFin BERA-USDT
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTX