Funding you earn now, next payment 06:00 UTC+0.0957%/8h= +104.8% APRpaid last 24h +0.010%
Price spread now: Lighter against Bitget−0.018%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1361.356% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now −0.018%, 7d avg −0.070%
=Together, before fees−0.012%+ Points / potential airdropLighter: Season 3 · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Lighter is 0.052% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.070%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.067% in total (about 3.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BMNRUSDT | 27.593 | −0.0925 | get 0.0925% / 8h | 2h 13m | $1.8M | $1.3M | 20x |
| Short | Lighter BMNR | 27.588 | 0.0032 | get 0.0004% / 1h | 13m 53s | $345K | $56K | 10x |
Bitget BMNRUSDT
Lighter BMNRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $200.97
- Price spread: −0.018% → −0.070%
- $5.21
- Slippage, 4 orders
- −$123.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $70.6
- Costs to cover
- 1.356%
- Break-even
- 4.5 days
Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 26 min ago.
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 Bitget live order book, 3 min ago | 2.72 bp | 19.2 bp −$19 | 45.5 bp −$455 | 240.1 bp −$24.0K | doesn't fit |
| Sell Lighter live order book, 26 min ago | 35.33 bp | 35.3 bp −$35 | 313.4 bp −$3,134 | doesn't fit | doesn't fit |
BMNR on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BMNRUSDTlong | −0.0925% | 8h | 27.593 | long leg | $1.8M | $1.3M | 20x | |
| Vest BMNR-USD-PERP | −0.0012% | 1h | 27.500 | −0.337% | — | $36K | 25x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.559 | −0.123% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.567 | −0.095% | $60K | $494K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.577 | −0.058% | $21.7M | $52.9M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.575 | −0.065% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.590 | −0.011% | $3.5M | $4.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.570 | −0.083% | $4.1M | $9.0M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.510 | −0.299% | $213K | $596K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.496 | −0.350% | $5K | $190K | 10x | as long as short |
Vest BMNR-USD-PERP
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNR
GRVT BMNR_USDT_PerpShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BMNR-USDT | 0.0000% | 8h | 27.540 | −0.192% | $1K | $868K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.561 | −0.116% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.570 | −0.083% | $1.6M | $1.5M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0008% | 8h | 27.510 | −0.301% | $207K | $52K | 20x | as long as short |
| QFEX BMNR-USD | +0.0013% | 1h | 27.540 | −0.192% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNRshort | +0.0032% | 1h | 27.588 | −0.018% | $345K | $56K | 10x | |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.575 | −0.065% | $907K | $1.4M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.500 | −0.337% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.540 | −0.192% | $672K | $738K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.520 | −0.265% | $24K | $29K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
BloFin BMNR-USDT
QFEX BMNR-USD
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT