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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against Lighter−0.032%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2012.006% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.147%+$15 on $10k
Price spread, last 3 days (all we have)+0.234%+$23 · spread now −0.032%, 7d avg +0.051%
Together, before fees+0.381%+ Points / potential airdropLighter: Season 3 · farm board+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.083% cheaper against Lighter than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.051%). If the spread goes back, that is −$8 on $10k: about 4.1 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BMNR28.4390.0032pay 0.0004% / 1h17m 28s$336K$25K10x
ShortApeX Omni BMNRUSDT28.4300.0100get 0.0013% / 1h17m 28s$25K$82K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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: −0.032% → +0.051%
−$8.26
Slippage, 4 orders
−$190.65
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$194.63
Costs to cover
2.006%
Break-even
102.4 days
Slippage from Lighter: live order book, 52 min ago; ApeX Omni: 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 Lighter live order book, 52 min ago41.89 bp47.8 bp −$48355.9 bp −$3,559doesn't fitdoesn't fit
Sell ApeX Omni live order book, 58 min ago3.54 bp53.3 bp −$53doesn't fitdoesn'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−0.0029%8h28.460+0.074%$213K$58K20xas long as short
Aster BMNRUSDT0.0000%8h28.455+0.056%$54K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.445+0.020%$40K$462K10xas long as short
Binance BMNRUSDT0.0000%8h28.450+0.039%$22.5M$55.4M25xas long as short
Bybit BMNRUSDT0.0000%8h28.461+0.077%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.470+0.109%$3.7M$6.1M20xas long as short
Gate BMNR_USDT0.0000%8h28.470+0.109%$3.9M$10.4M50xas long as short
Bitget BMNRUSDT0.0000%8h28.462+0.081%$2.0M$1.1M20xas long as short
Variational Omni BMNR0.0000%8h28.421−0.063%$317K$493Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.450+0.040%$5K$188K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h28.458+0.067%$1K$1.0M10xas long as short
HTX BMNR-USDT0.0000%8h28.455+0.056%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.450+0.039%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0004%1h28.450+0.039%$1.2M$1.8M10xas long as short
Lighter BMNRlong+0.0032%1h28.439long leg$336K$25K10x
Vest BMNR-USD-PERP+0.0046%1h28.460+0.074%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.461+0.077%$954K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.400−0.137%$37K$26K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.430−0.032%$704K$775K20xas long as short
ApeX Omni BMNRUSDTshort+0.0100%1h28.430−0.032%$25K$82K50x