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
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BERA | 0.2259 | 0.0096 | pay 0.0012% / 1h | 57m 53s | $61K | $88K | 5x |
| Short | Orderly PERP_BERA_USDC | 0.2259 | 0.0100 | get 0.0050% / 4h | 1h 57m | $9K | $883 | 10x |
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 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: +0.018% → 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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BERA/USDC PERP | −0.5000% | 1h | 0.2127 | −5.827% | $2K | $5K | 12x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0376% | 1h | 0.2234 | −1.089% | $15K | $51K | 50x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0185% | 1h | 0.2257 | −0.072% | $51K | $25K | 20x | as long as short |
| Lighter BERAlong | +0.0096% | 1h | 0.2259 | long leg | $61K | $88K | 5x | |
| Aster BERAUSDT | +0.0100% | 4h | 0.2253 | −0.231% | $16K | $26K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2254 | −0.205% | $5.3M | $14.0M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2250 | −0.381% | $3.0M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2252 | −0.292% | $1.4M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2254 | −0.204% | $337K | $384K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2253 | −0.248% | $1.2M | $434K | 20x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2253 | −0.248% | $537K | $231K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2252 | −0.292% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2252 | −0.292% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2259 | 0.000% | $83K | $48K | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2260 | +0.062% | $32K | $457K | 50x | as long as short |
| Orderly PERP_BERA_USDCshort | +0.0100% | 4h | 0.2259 | +0.018% | $9K | $883 | 10x | |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2258 | −0.004% | $369 | $6K | 5x | as long as short |
| Hyperliquid BERA | +0.0107% | 1h | 0.2259 | +0.013% | $2.9M | $914K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0193% | 1h | 0.2259 | +0.018% | $4K | $54K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2258 | −0.038% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0360% | 1h | 0.2260 | +0.062% | $3K | $3K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0474% | 4h | 0.2259 | +0.018% | $108K | $3.2M | 10x | as long as short |
| Backpack BERA_USDC_PERP | +0.1185% | 1h | 0.2259 | +0.022% | $39K | $167K | 5x | as long as short |
Lighter BERA
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_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
ApeX Omni BERAUSDT
SoDEX BERA-USD
Hyperliquid BERA
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
GRVT BERA_USDT_Perp
Backpack BERA_USDC_PERP