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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.065%
Price spread now: BloFin against Lighter−0.099%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1201.200% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.329%+$33 on $10k
Price spread, last 3 days (all we have)−0.059%−$6 · spread now −0.099%, 7d avg +0.050%
Together, before fees+0.270%+ Points / potential airdropLighter: Season 3 · farm board+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.149% cheaper against Lighter than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.050%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.329%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BMNR28.3180.0032pay 0.0004% / 1h5m 02s$336K$23K10x
ShortBloFin BMNR-USDT28.290−0.0001pay 0.0001% / 8h1h 05m$212K$58K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$6.95
Price spread: −0.099% → +0.050%
−$14.92
Slippage, 4 orders
−$107.96
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$141.83
Costs to cover
1.200%
Break-even
never at this rate
Slippage from Lighter: live order book, 4 min ago; BloFin: live order book, 5 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, 4 min ago41.89 bp47.8 bp −$48355.9 bp −$3,559doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago3.54 bp9.5 bp −$1017.1 bp −$17158.7 bp −$5,869doesn'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
QFEX BMNR-USD−0.0003%1h28.320+0.007%$1.2M$1.8M10xas long as short
BloFin BMNR-USDTshort−0.0001%8h28.290−0.099%$212K$58K20x
Aster BMNRUSDT0.0000%8h28.345+0.096%$53K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.320+0.005%$40K$462K10xas long as short
Binance BMNRUSDT0.0000%8h28.320+0.007%$22.5M$55.2M25xas long as short
Bybit BMNRUSDT0.0000%8h28.321+0.011%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.330+0.042%$3.6M$6.0M20xas long as short
Gate BMNR_USDT0.0000%8h28.320+0.007%$3.8M$10.3M50xas long as short
Bitget BMNRUSDT0.0000%8h28.340+0.078%$2.0M$1.1M20xas long as short
Variational Omni BMNR0.0000%8h28.301−0.059%$325K$484Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BMNR_USDT_Perp0.0000%8h28.292−0.092%$5K$191K10xas long as short
SunX BMNR-USDT0.0000%8h28.315−0.011%$1K$1.0M10xas long as short
HTX BMNR-USDT0.0000%8h28.291−0.095%$5K$39K20xas long as short
Phemex BMNRUSDT0.0000%8h28.320+0.007%$1.6M$1.5M10xas long as short
Lighter BMNRlong+0.0032%1h28.318long leg$336K$23K10x
Vest BMNR-USD-PERP+0.0046%1h28.350+0.113%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.315−0.011%$949K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.330+0.042%$37K$26K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.290−0.099%$700K$775K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.280−0.134%$25K$83K50xas long as short