Funding you earn now, next payment 20:00 UTC+0.0032%/8hpaid last 24h −0.020%
Price spread now: Lighter against Bybit+0.103%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$1011.012% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 3 days (all we have)−0.176%−$18 · spread now +0.103%, 7d avg −0.040%
=Together, before fees−0.248%+ Points / potential airdropLighter: Season 3 · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.143% dearer against Bybit than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.040%. Mind the row above: over the last 7 days funding on this pair cost −0.073%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BMNRUSDT | 28.033 | 0 | get 0.0000% / 8h | 4h 05m | $3.4M | $2.0M | 25x |
| Short | Lighter BMNR | 28.062 | 0.0032 | get 0.0004% / 1h | 5m 17s | $333K | $25K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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
- $6.72
- Price spread: +0.103% → −0.040%
- $14.33
- Slippage, 4 orders
- −$90.18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$80.13
- Costs to cover
- 1.012%
- Break-even
- 90.5 days
Slippage from Bybit: live order book, 2 min ago; Lighter: live order book, 22 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 Bybit live order book, 2 min ago | 2.32 bp | 27.0 bp −$27 | 92.4 bp −$924 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 22 min ago | 28.98 bp | 29.0 bp −$29 | 62.8 bp −$628 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BMNR-USDT | −0.0027% | 8h | 28.150 | +0.417% | $213K | $55K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 28.039 | +0.020% | $53K | $97K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.022 | −0.039% | $39K | $462K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.026 | −0.024% | $22.9M | $52.5M | 25x | as long as short |
| Bybit BMNRUSDTlong | 0.0000% | 8h | 28.033 | long leg | $3.4M | $2.0M | 25x | |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.050 | +0.061% | $3.6M | $5.7M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.050 | +0.061% | $3.8M | $10.3M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.035 | +0.007% | $2.0M | $1.1M | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.085 | +0.185% | $300K | $373K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.117 | +0.299% | $6K | $194K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BMNR-USDT | 0.0000% | 8h | 28.049 | +0.057% | $1K | $1.0M | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 28.080 | +0.168% | $6K | $39K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.040 | +0.025% | $1.6M | $1.4M | 10x | as long as short |
| QFEX BMNR-USD | +0.0005% | 1h | 28.060 | +0.096% | $1.2M | $1.7M | 10x | as long as short |
| Lighter BMNRshort | +0.0032% | 1h | 28.062 | +0.103% | $333K | $25K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.070 | +0.132% | — | $2K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.040 | +0.025% | $36K | $31K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.040 | +0.025% | $695K | $695K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.090 | +0.203% | $28K | $171K | 50x | as long as short |
| tradeXYZ xyz:BMNR | +0.0170% | 1h | 28.020 | −0.046% | $1.0M | $1.4M | 10x | as long as short |
Bybit BMNRUSDT
Lighter BMNR
BloFin BMNR-USDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT
tradeXYZ xyz:BMNR