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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BMNRUSDT28.0330get 0.0000% / 8h4h 05m$3.4M$2.0M25x
ShortLighter BMNR28.0620.0032get 0.0004% / 1h5m 17s$333K$25K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago2.32 bp27.0 bp −$2792.4 bp −$924doesn't fitdoesn't fit
Sell Lighter live order book, 22 min ago28.98 bp29.0 bp −$2962.8 bp −$628doesn't fitdoesn't fit

BMNR on 20 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
BloFin BMNR-USDT−0.0027%8h28.150+0.417%$213K$55K20xas long as short
Aster BMNRUSDT0.0000%8h28.039+0.020%$53K$97K20xas long as short
Extended BMNR-USD0.0000%1h28.022−0.039%$39K$462K10xas long as short
Binance BMNRUSDT0.0000%8h28.026−0.024%$22.9M$52.5M25xas long as short
Bybit BMNRUSDTlong0.0000%8h28.033long leg$3.4M$2.0M25x
OKX BMNR-USDT-SWAP0.0000%8h28.050+0.061%$3.6M$5.7M20xas long as short
Gate BMNR_USDT0.0000%8h28.050+0.061%$3.8M$10.3M50xas long as short
Bitget BMNRUSDT0.0000%8h28.035+0.007%$2.0M$1.1M20xas long as short
Variational Omni BMNR0.0000%8h28.085+0.185%$300K$373Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.117+0.299%$6K$194K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h28.049+0.057%$1K$1.0M10xas long as short
HTX BMNR-USDT0.0000%8h28.080+0.168%$6K$39K20xas long as short
Phemex BMNRUSDT0.0000%8h28.040+0.025%$1.6M$1.4M10xas long as short
QFEX BMNR-USD+0.0005%1h28.060+0.096%$1.2M$1.7M10xas long as short
Lighter BMNRshort+0.0032%1h28.062+0.103%$333K$25K10x
Vest BMNR-USD-PERP+0.0046%1h28.070+0.132%$2K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.040+0.025%$36K$31K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.040+0.025%$695K$695K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.090+0.203%$28K$171K50xas long as short
tradeXYZ xyz:BMNR+0.0170%1h28.020−0.046%$1.0M$1.4M10xas long as short