Settings8H · net · $10k
Funding arb · Price arb /

BERA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: KuCoin against Lighter−0.225%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.225% cheaper against Lighter than usual: you would sell low and buy high, −$23 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BERA0.23100.0096pay 0.0012% / 1h21m 40s$66K$73K5x
ShortKuCoin BERAUSDTM0.23050.0100get 0.0050% / 4h1h 21m$552K$132K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.225% → 0.000%
−$22.51
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$33.67
Costs to cover
0.120%
Break-even
287.6 days
Slippage unknown: Lighter: no order-book sample; KuCoin: live order book, 22 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell KuCoin live order book, 22 min ago17.46 bp68.4 bp −$68157.9 bp −$1,579doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BERA/USDC PERP−0.5000%1h0.2167−6.199%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1549%1h0.2304−0.266%$52K$21K20xas long as short
Orderly PERP_BERA_USDC+0.0093%4h0.2304−0.268%$9K$78710xas long as short
Lighter BERAlong+0.0096%1h0.2310long leg$66K$73K5x
Hyperliquid BERA+0.0100%1h0.2311+0.039%$2.9M$597K5xas long as short
Aster BERAUSDT+0.0100%4h0.2307−0.131%$16K$21K5xas long as short
Binance BERAUSDT+0.0100%4h0.2308−0.080%$5.5M$9.4M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2306−0.182%$3.1M$2.2M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2307−0.139%$1.5M$2.0M20xas long as short
Gate BERA_USDT+0.0100%4h0.2306−0.182%$346K$266K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2308−0.095%$1.3M$331K20xas long as short
KuCoin BERAUSDTMshort+0.0100%4h0.2305−0.225%$552K$132K50x
Bitget BERAUSDT+0.0100%4h0.2308−0.095%$1.5M$779K50xas long as short
BingX BERA-USDT+0.0100%4h0.2304−0.268%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2305−0.212%$24K$205K5xas long as short
Variational Omni BERA+0.0100%4h0.2304−0.286%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2299−0.486%$112K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2300−0.442%$52K$473K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2304−0.260%$371$6K5xas long as short
01 Exchange BERAUSD+0.0128%1h0.2306−0.182%$3K$8645xas long as short
BloFin BERA-USDT+0.0142%4h0.2308−0.095%$280K$76K75xas long as short
Deribit BERA_USDC-PERPETUAL+0.0184%1h0.2304−0.268%$9K$46K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2305−0.230%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0600%1h0.2317+0.294%$20K$54K50xas long as short