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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BMNR | 28.318 | 0.0032 | pay 0.0004% / 1h | 5m 02s | $336K | $23K | 10x |
| Short | BloFin BMNR-USDT | 28.290 | −0.0001 | pay 0.0001% / 8h | 1h 05m | $212K | $58K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 4 min ago | 41.89 bp | 47.8 bp −$48 | 355.9 bp −$3,559 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 3.54 bp | 9.5 bp −$10 | 17.1 bp −$171 | 58.7 bp −$5,869 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BMNR-USD | −0.0003% | 1h | 28.320 | +0.007% | $1.2M | $1.8M | 10x | as long as short |
| BloFin BMNR-USDTshort | −0.0001% | 8h | 28.290 | −0.099% | $212K | $58K | 20x | |
| Aster BMNRUSDT | 0.0000% | 8h | 28.345 | +0.096% | $53K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.320 | +0.005% | $40K | $462K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.320 | +0.007% | $22.5M | $55.2M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.321 | +0.011% | $3.4M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.330 | +0.042% | $3.6M | $6.0M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.320 | +0.007% | $3.8M | $10.3M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.340 | +0.078% | $2.0M | $1.1M | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.301 | −0.059% | $325K | $484K | — | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.292 | −0.092% | $5K | $191K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 28.315 | −0.011% | $1K | $1.0M | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 28.291 | −0.095% | $5K | $39K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.320 | +0.007% | $1.6M | $1.5M | 10x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 28.318 | long leg | $336K | $23K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.350 | +0.113% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 28.315 | −0.011% | $949K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.330 | +0.042% | $37K | $26K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.290 | −0.099% | $700K | $775K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.280 | −0.134% | $25K | $83K | 50x | as long as short |
Lighter BMNR
BloFin BMNR-USDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
tradeXYZ xyz:BMNR
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT