Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter against HTX+0.018%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX BMNR-USDT	28.358	0	get 0.0000% / 8h	7h 32m	$5K	$40K	20x
Short	Lighter BMNR	28.363	0.0032	get 0.0004% / 1h	32m 38s	$335K	$24K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee LighterbpOrdersPrice spread, now +0.018%Rate

Funding earned: $6.72
Price spread: +0.018% → 0.000%: $1.76
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$3.52
Costs to cover: 0.120%
Break-even: 10.7 days

Slippage unknown: HTX: no order-book sample; Lighter: live order book, 32 min ago. Net counts fees only.

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 HTX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 32 min ago	21.93 bp	21.9 bp −$22	298.6 bp −$2,986	doesn't fit	doesn't fit

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0028%	8h	28.340	−0.063%	$213K	$58K	20x	as long as short
QFEX BMNR-USD	−0.0001%	1h	28.360	+0.007%	$1.2M	$1.7M	10x	as long as short
Aster BMNRUSDT	0.0000%	8h	28.376	+0.064%	$53K	$98K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	28.350	−0.030%	$39K	$591K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	28.355	−0.012%	$22.4M	$54.3M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	28.374	+0.056%	$3.4M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	28.370	+0.042%	$3.6M	$6.0M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	28.370	+0.042%	$4.3M	$9.9M	50x	as long as short
Bitget BMNRUSDT	0.0000%	8h	28.382	+0.085%	$2.0M	$1.0M	20x	as long as short
Variational Omni BMNR	0.0000%	8h	28.401	+0.150%	$317K	$493K	—	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BMNR_USDT_Perp	0.0000%	8h	28.353	−0.018%	$5K	$185K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	28.411	+0.187%	$994	$975K	10x	as long as short
HTX BMNR-USDTlong	0.0000%	8h	28.358	long leg	$5K	$40K	20x
Phemex BMNRUSDT	0.0000%	8h	28.350	−0.028%	$1.6M	$1.5M	10x	as long as short
Lighter BMNRshort	+0.0032%	1h	28.363	+0.018%	$335K	$24K	10x
Vest BMNR-USD-PERP	+0.0046%	1h	28.380	+0.078%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	28.400	+0.148%	$37K	$16K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	28.360	+0.007%	$700K	$768K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	28.410	+0.183%	$25K	$46K	50x	as long as short
tradeXYZ xyz:BMNR	+0.0323%	1h	28.361	+0.011%	$964K	$1.5M	10x	as long as short