Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Bybit against Lighter+0.004%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1451.449% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.004%, 7d avg +0.039%
=Together, before fees+0.141%+ Points / potential airdropLighter: Season 3 · farm board+$14 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 Bybit is 0.035% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.039%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.073%, 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 | 27.800 | 0.0032 | pay 0.0004% / 1h | 0m 45s | $350K | $53K | 10x |
| Short | Bybit BMNRUSDT | 27.801 | 0 | get 0.0000% / 8h | 6h 00m | $3.3M | $1.9M | 25x |
Lighter BMNR
Bybit BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.004% → +0.039%
- −$3.52
- Slippage, 4 orders
- −$133.91
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$155.15
- Costs to cover
- 1.449%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 59 min ago; Bybit: live order book, 2 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, 59 min ago | 49.54 bp | 49.5 bp −$50 | 373.3 bp −$3,733 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.05 bp | 15.0 bp −$15 | 134.2 bp −$1,342 | doesn't fit | doesn't fit |
BMNR on 19 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 BMNRUSDT | −0.0623% | 8h | 27.859 | +0.212% | $2.0M | $942K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.837 | +0.135% | $50K | $100K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.801 | +0.002% | $52K | $634K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.806 | +0.020% | $22.1M | $53.1M | 25x | as long as short |
| Bybit BMNRUSDTshort | 0.0000% | 8h | 27.801 | +0.004% | $3.3M | $1.9M | 25x | |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.840 | +0.144% | $3.6M | $4.3M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.830 | +0.108% | $4.2M | $9.8M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.830 | +0.108% | $311K | $491K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.858 | +0.210% | $6K | $178K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.848 | +0.173% | $1K | $908K | 10x | as long as short |
Bitget BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BMNR-USDT | 0.0000% | 8h | 27.904 | +0.374% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.820 | +0.072% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0002% | 1h | 27.840 | +0.144% | $1.2M | $1.3M | 10x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 27.800 | long leg | $350K | $53K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.830 | +0.108% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.820 | +0.072% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.800 | 0.000% | $680K | $810K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.840 | +0.144% | $24K | $31K | 50x | as long as short |
| tradeXYZ xyz:BMNR | +0.0191% | 1h | 27.795 | −0.018% | $926K | $1.5M | 10x | as long as short |
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
Vest BMNR-USD-PERP
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT
tradeXYZ xyz:BMNR