Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against Gate+0.062%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$890.892% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)−0.249%−$25 · spread now +0.062%, 7d avg −0.033%
=Together, before fees−0.186%+ Points / potential airdropLighter: Season 3 · farm board−$19 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 0.095% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BMNR_USDT | 27.560 | 0 | get 0.0000% / 8h | 7h 38m | $4.1M | $7.9M | 50x |
| Short | Lighter BMNR | 27.577 | 0.0032 | get 0.0004% / 1h | 38m 45s | $344K | $53K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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: +0.062% → −0.033%
- $9.51
- Slippage, 4 orders
- −$74.17
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$72.95
- Costs to cover
- 0.892%
- Break-even
- 83.0 days
Slippage from Gate: live order book, 5 min ago; Lighter: live order book, 50 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 Gate live order book, 5 min ago | 7.25 bp | 18.5 bp −$18 | 77.2 bp −$772 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 50 min ago | 23.43 bp | 23.4 bp −$23 | 362.8 bp −$3,628 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BMNRUSDT | −0.0304% | 8h | 27.577 | +0.062% | $1.9M | $1.3M | 20x | as long as short |
| tradeXYZ xyz:BMNR | −0.0125% | 1h | 27.548 | −0.044% | $763K | $1.5M | 10x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.553 | −0.024% | $47K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.545 | −0.056% | $59K | $363K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.553 | −0.024% | $21.5M | $50.2M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.560 | 0.000% | $3.2M | $1.8M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.570 | +0.036% | $3.5M | $3.7M | 20x | as long as short |
| Gate BMNR_USDTlong | 0.0000% | 8h | 27.560 | long leg | $4.1M | $7.9M | 50x | |
| Variational Omni BMNR | 0.0000% | 8h | 27.560 | +0.002% | $213K | $607K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.589 | +0.107% | $5K | $181K | 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 | 27.553 | −0.025% | $1K | $789K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.581 | +0.076% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.550 | −0.036% | $1.6M | $1.4M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0001% | 8h | 27.560 | 0.000% | $208K | $62K | 20x | as long as short |
| QFEX BMNR-USD | +0.0010% | 1h | 27.570 | +0.036% | $1.2M | $993K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0011% | 1h | 27.540 | −0.073% | — | $36K | 25x | as long as short |
| Lighter BMNRshort | +0.0032% | 1h | 27.577 | +0.062% | $344K | $53K | 10x | |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.560 | 0.000% | $36K | $11K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.560 | 0.000% | $672K | $709K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.560 | 0.000% | $24K | $23K | 50x | as long as short |
Gate BMNR_USDT
Lighter BMNR
Bitget BMNRUSDT
tradeXYZ xyz:BMNR
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
BloFin BMNR-USDT
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT