Funding you earn now, next payment 03:00 UTC−0.0279%/8h= −30.6% APRnext payment −$0.35 per $10,000 · paid last 24h +8.146%
Price spread now: Kraken Futures against Lighter−0.115%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+17.237%+$1,724 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 −$8 a day on $10k at the current rate, and Kraken Futures is 0.115% cheaper against Lighter than usual: you would sell low and buy high (−$11 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 +17.237%, 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 | 0.2281 | 0.0096 | pay 0.0012% / 1h | 30m 54s | $62K | $88K | 5x |
| Short | Kraken Futures PF_BERAUSD | 0.2278 | −0.0183 | pay 0.0023% / 1h | 30m 54s | $51K | $25K | 20x |
Lighter BERA
Kraken Futures PF_BERAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$58.61
- Price spread: −0.115% → 0.000%
- −$11.49
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$80.09
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Kraken Futures: 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 Kraken Futures no order-book sample | — | — | — | — | — |
Lighter and Kraken Futures: 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 | 0.2143 | −6.046% | $2K | $5K | 12x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0376% | 1h | 0.2252 | −1.267% | $15K | $52K | 50x | as long as short |
| Kraken Futures PF_BERAUSDshort | −0.0183% | 1h | 0.2278 | −0.115% | $51K | $25K | 20x | |
| Lighter BERAlong | +0.0096% | 1h | 0.2281 | long leg | $62K | $88K | 5x | |
| Orderly PERP_BERA_USDC | +0.0099% | 4h | 0.2279 | −0.083% | $9K | $883 | 10x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2279 | −0.104% | $16K | $26K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2283 | +0.109% | $5.3M | $14.1M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2281 | +0.004% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2281 | +0.004% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2282 | +0.048% | $345K | $390K | 50x | as long as short |
Injective BERA/USDC PERP
Coinbase International BERA-PERP-INTX
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 | 0.2282 | +0.048% | $1.2M | $436K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2280 | −0.039% | $543K | $229K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2282 | +0.048% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2279 | −0.083% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2277 | −0.170% | $83K | $49K | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | −0.478% | $32K | $453K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2281 | −0.013% | $373 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0133% | 4h | 0.2276 | −0.215% | $279K | $75K | 75x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2279 | −0.070% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0347% | 1h | 0.2284 | +0.153% | $2.9M | $913K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0416% | 1h | 0.2282 | +0.048% | $3K | $3K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0426% | 4h | 0.2278 | −0.141% | $114K | $3.2M | 10x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0627% | 1h | 0.2282 | +0.048% | $4K | $54K | 25x | as long as short |
| Backpack BERA_USDC_PERP | +0.0973% | 1h | 0.2283 | +0.114% | $35K | $157K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
ApeX Omni BERAUSDT
SoDEX BERA-USD
BloFin BERA-USDT
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
01 Exchange BERAUSD
GRVT BERA_USDT_Perp
Deribit BERA_USDC-PERPETUAL
Backpack BERA_USDC_PERP