Funding you earn now, next payment 07:00 UTC−0.0841%/8h= −92.1% APRpaid last 24h −0.010%
Price spread now: Bitget against Lighter+0.182%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1541.537% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.182%, 7d avg +0.069%
=Together, before fees−0.197%+ Points / potential airdropLighter: Season 3 · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.113% dearer against Lighter than usual: you sell high and buy low (spread +0.182% now, against its 7-day average of +0.069%): +$11 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.067% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.067% in total (about -3.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BMNR | 27.454 | 0.0032 | pay 0.0004% / 1h | 31m 30s | $343K | $52K | 10x |
| Short | Bitget BMNRUSDT | 27.504 | −0.0809 | pay 0.0809% / 8h | 1h 31m | $1.8M | $1.3M | 20x |
Lighter BMNR
Bitget BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$176.61
- Price spread: +0.182% → +0.069%
- $11.28
- Slippage, 4 orders
- −$141.75
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$319.08
- Costs to cover
- 1.537%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; Bitget: live order book, just now.
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, 3 min ago | 35.33 bp | 35.3 bp −$35 | 351.8 bp −$3,518 | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 2.91 bp | 70.2 bp −$70 | doesn't fit | 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 BMNRUSDTshort | −0.0809% | 8h | 27.504 | +0.182% | $1.8M | $1.3M | 20x | |
| Vest BMNR-USD-PERP | −0.0006% | 1h | 27.420 | −0.124% | — | $36K | 25x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.460 | +0.022% | $47K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.458 | +0.016% | $61K | $345K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.469 | +0.053% | $21.6M | $52.8M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.476 | +0.080% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.480 | +0.095% | $3.5M | $4.2M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.470 | +0.058% | $4.1M | $8.6M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.440 | −0.050% | $212K | $616K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.456 | +0.007% | $6K | $188K | 10x | as long as short |
Vest BMNR-USD-PERP
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNR
GRVT BMNR_USDT_PerpShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BMNR-USDT | 0.0000% | 8h | 27.463 | +0.033% | $1K | $858K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.445 | −0.033% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.450 | −0.015% | $1.6M | $1.5M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0003% | 8h | 27.440 | −0.051% | $206K | $51K | 20x | as long as short |
| QFEX BMNR-USD | +0.0019% | 1h | 27.460 | +0.022% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 27.454 | long leg | $343K | $52K | 10x | |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.450 | −0.015% | $902K | $1.4M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.400 | −0.197% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.460 | +0.022% | $671K | $727K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.450 | −0.015% | $24K | $29K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
BloFin BMNR-USDT
QFEX BMNR-USD
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT