Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h 0.000%
Price spread now: Binance against Lighter+0.040%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$630.626% of the position
Funding, last 7 days+0.334%+$33 on $10k
+Price spread, last 2 days (all we have)−0.143%−$14 · spread now +0.040%, 7d avg +0.006%
=Together, before fees+0.191%+ Points / potential airdropLighter: Season 3 · farm board+$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.034% dearer against Lighter than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of +0.006%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.334%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BMNR | 28.364 | 0.0032 | pay 0.0004% / 1h | 31m 31s | $336K | $24K | 10x |
| Short | Binance BMNRUSDT | 28.375 | 0 | get 0.0000% / 8h | 7h 31m | $22.4M | $54.2M | 25x |
Lighter BMNR
Binance BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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: +0.040% → +0.006%
- $3.43
- Slippage, 4 orders
- −$52.6
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$65.89
- Costs to cover
- 0.626%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 33 min ago; Binance: live order book, 11 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 Lighter live order book, 33 min ago | 21.93 bp | 21.9 bp −$22 | 288.6 bp −$2,886 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 3.52 bp | 9.0 bp −$9 | 21.1 bp −$211 | 95.6 bp −$9,564 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BMNR-USDT | −0.0028% | 8h | 28.340 | −0.085% | $213K | $58K | 20x | as long as short |
| QFEX BMNR-USD | −0.0001% | 1h | 28.360 | −0.014% | $1.2M | $1.7M | 10x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 28.382 | +0.062% | $53K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.367 | +0.012% | $41K | $594K | 10x | as long as short |
| Binance BMNRUSDTshort | 0.0000% | 8h | 28.375 | +0.040% | $22.4M | $54.2M | 25x | |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.365 | +0.004% | $3.4M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.360 | −0.014% | $3.6M | $6.0M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.360 | −0.014% | $4.3M | $9.9M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.384 | +0.071% | $2.0M | $1.0M | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.401 | +0.129% | $317K | $493K | — | as long as short |
BloFin BMNR-USDT
QFEX BMNR-USD
Aster BMNRUSDT
Extended BMNR-USD
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
Variational Omni BMNRShow 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 | −0.039% | $5K | $185K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 28.411 | +0.166% | $994 | $974K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 28.358 | −0.021% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.350 | −0.049% | $1.6M | $1.5M | 10x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 28.364 | long leg | $336K | $24K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.370 | +0.021% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.400 | +0.127% | $37K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.370 | +0.021% | $700K | $768K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.360 | −0.014% | $25K | $46K | 50x | as long as short |
| tradeXYZ xyz:BMNR | +0.0332% | 1h | 28.378 | +0.049% | $964K | $1.5M | 10x | as long as short |
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
Vest BMNR-USD-PERP
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT
tradeXYZ xyz:BMNR