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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.019%
Price spread now: Orderly against Lighter+0.018%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BERA0.22590.0096pay 0.0012% / 1h57m 53s$61K$88K5x
ShortOrderly PERP_BERA_USDC0.22590.0100get 0.0050% / 4h1h 57m$9K$88310x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: +0.018% → 0.000%
$1.77
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$3.39
Costs to cover
0.060%
Break-even
35.2 days
Slippage unknown: Lighter: no order-book sample; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell Orderly no order-book sample
Lighter and Orderly: 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 23 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%1h0.2127−5.827%$2K$5K12xas long as short
Coinbase International BERA-PERP-INTX−0.0376%1h0.2234−1.089%$15K$51K50xas long as short
Kraken Futures PF_BERAUSD−0.0185%1h0.2257−0.072%$51K$25K20xas long as short
Lighter BERAlong+0.0096%1h0.2259long leg$61K$88K5x
Aster BERAUSDT+0.0100%4h0.2253−0.231%$16K$26K5xas long as short
Binance BERAUSDT+0.0100%4h0.2254−0.205%$5.3M$14.0M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2250−0.381%$3.0M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2252−0.292%$1.4M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2254−0.204%$337K$384K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2253−0.248%$1.2M$434K20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2253−0.248%$537K$231K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2252−0.292%$1.4M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2252−0.292%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.22590.000%$83K$48Kas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2260+0.062%$32K$457K50xas long as short
Orderly PERP_BERA_USDCshort+0.0100%4h0.2259+0.018%$9K$88310x
SoDEX BERA-USD+0.0100%1h0.2258−0.004%$369$6K5xas long as short
Hyperliquid BERA+0.0107%1h0.2259+0.013%$2.9M$914K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0193%1h0.2259+0.018%$4K$54K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2258−0.038%$2K100xas long as short
01 Exchange BERAUSD+0.0360%1h0.2260+0.062%$3K$3K5xas long as short
GRVT BERA_USDT_Perp+0.0474%4h0.2259+0.018%$108K$3.2M10xas long as short
Backpack BERA_USDC_PERP+0.1185%1h0.2259+0.022%$39K$167K5xas long as short