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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%
Price spread now: Lighter against KuCoin−0.004%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$604as in the Funding arb table
Net, price: spread back to 7d avg − costs−$595as in the Price arb table
costs, in and out, $10k−$5955.946% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.095%−$9 on $10k
Price spread, last 4 days (all we have)−0.078%−$8 · spread now −0.004%, 7d avg −0.002%
Together, before fees−0.173%+ Points / potential airdropLighter: Season 3 · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BMNRUSDTM27.5600.0100pay 0.0100% / 8h2h 46m$673K$746K20x
ShortLighter BMNR27.5590.0032get 0.0004% / 1h46m 26s$347K$52K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against KuCoin. 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
−$14.28
Price spread: −0.004% → −0.002%
−$0.15
Slippage, 4 orders
−$582.61
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$609.04
Costs to cover
5.946%
Break-even
never at this rate
Slippage from KuCoin: live order book, 38 min ago; Lighter: live order book, 58 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 KuCoin live order book, 38 min ago12.66 bp209.2 bp −$209doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 58 min ago28.38 bp28.4 bp −$28368.4 bp −$3,684doesn'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
Bitget BMNRUSDT−0.0727%8h27.609+0.178%$1.9M$947K20xas long as short
Aster BMNRUSDT0.0000%8h27.594+0.124%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.559−0.002%$57K$493K10xas long as short
Binance BMNRUSDT0.0000%8h27.578+0.064%$21.7M$52.4M25xas long as short
Bybit BMNRUSDT0.0000%8h27.569+0.033%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.590+0.109%$3.5M$4.1M20xas long as short
Gate BMNR_USDT0.0000%8h27.580+0.073%$4.1M$8.9M50xas long as short
Variational Omni BMNR0.0000%8h27.620+0.218%$297K$514Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.621+0.220%$5K$189K10xas long as short
SunX BMNR-USDT0.0000%8h27.601+0.149%$1K$867K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.584+0.087%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.570+0.036%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0013%1h27.5600.000%$1.2M$1.1M10xas long as short
BloFin BMNR-USDT+0.0018%8h27.570+0.036%$208K$52K20xas long as short
Vest BMNR-USD-PERP+0.0021%1h27.540−0.073%$36K25xas long as short
Lighter BMNRshort+0.0032%1h27.559−0.004%$347K$52K10x
tradeXYZ xyz:BMNR+0.0050%1h27.570+0.036%$907K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.600+0.145%$36K$15K5xas long as short
KuCoin BMNRUSDTMlong+0.0100%8h27.560long leg$673K$746K20x
ApeX Omni BMNRUSDT+0.0100%1h27.610+0.181%$24K$29K50xas long as short