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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.054%
Price spread now: Lighter against Extended+0.226%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1221.224% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.347%−$35 on $10k
Price spread, last 4 days (all we have)−0.210%−$21 · spread now +0.226%, 7d avg −0.018%
Together, before fees−0.557%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board−$56 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 0.245% dearer against Extended than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.018%. Mind the row above: over the last 7 days funding on this pair cost −0.347%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BMNR-USD28.3170get 0.0000% / 1h0m 52s$40K$462K10x
ShortLighter BMNR28.3810.0032get 0.0004% / 1h0m 52s$337K$25K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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: +0.226% → −0.018%
$24.47
Slippage, 4 orders
−$117.4
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$91.21
Costs to cover
1.224%
Break-even
102.0 days
Slippage from Extended: live order book, 22 min ago; Lighter: live order book, 14 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 Extended live order book, 22 min ago3.87 bp11.7 bp −$1286.0 bp −$860doesn't fitdoesn't fit
Sell Lighter live order book, 14 min ago36.78 bp55.3 bp −$55356.6 bp −$3,566doesn'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
Aster BMNRUSDT0.0000%8h28.365+0.168%$53K$98K20xas long as short
Extended BMNR-USDlong0.0000%1h28.317long leg$40K$462K10x
Binance BMNRUSDT0.0000%8h28.320+0.011%$22.4M$55.4M25xas long as short
Bybit BMNRUSDT0.0000%8h28.337+0.071%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.330+0.046%$3.6M$6.1M20xas long as short
Gate BMNR_USDT0.0000%8h28.330+0.046%$3.8M$10.5M50xas long as short
Bitget BMNRUSDT0.0000%8h28.340+0.082%$2.0M$1.2M20xas long as short
Variational Omni BMNR0.0000%8h28.334+0.059%$326K$481Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.330+0.046%$5K$198K10xas long as short
SunX BMNR-USDT0.0000%8h28.324+0.025%$1K$1.0M10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h28.343+0.092%$5K$39K20xas long as short
Phemex BMNRUSDT0.0000%8h28.320+0.011%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0011%1h28.330+0.046%$1.2M$1.8M10xas long as short
BloFin BMNR-USDT+0.0029%8h28.320+0.011%$213K$59K20xas long as short
Lighter BMNRshort+0.0032%1h28.381+0.226%$337K$25K10x
tradeXYZ xyz:BMNR+0.0050%1h28.354+0.131%$951K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.290−0.095%$37K$34K5xas long as short
Vest BMNR-USD-PERP+0.0092%1h28.390+0.258%$36K25xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.320+0.011%$706K$758K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.370+0.188%$25K$170K50xas long as short