Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Gate against Lighter−0.074%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1521.522% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)+0.197%+$20 · spread now −0.074%, 7d avg +0.033%
=Together, before fees+0.133%+ Points / potential airdropLighter: Season 3 · farm board+$13 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 Gate is 0.107% cheaper against Lighter than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BMNR | 28.381 | 0.0032 | pay 0.0004% / 1h | 11m 44s | $337K | $25K | 10x |
| Short | Gate BMNR_USDT | 28.360 | 0 | get 0.0000% / 8h | 2h 11m | $3.8M | $10.5M | 50x |
Lighter BMNR
Gate BMNR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.074% → +0.033%
- −$10.67
- Slippage, 4 orders
- −$137.22
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$169.61
- Costs to cover
- 1.522%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; Gate: 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, 3 min ago | 36.78 bp | 42.5 bp −$43 | 338.8 bp −$3,388 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.53 bp | 36.7 bp −$37 | 143.7 bp −$1,437 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BMNRUSDT | 0.0000% | 8h | 28.373 | −0.028% | $53K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.347 | −0.119% | $40K | $462K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.350 | −0.109% | $22.5M | $55.4M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.346 | −0.123% | $3.4M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.380 | −0.004% | $3.6M | $6.1M | 20x | as long as short |
| Gate BMNR_USDTshort | 0.0000% | 8h | 28.360 | −0.074% | $3.8M | $10.5M | 50x | |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.368 | −0.046% | $2.0M | $1.2M | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.374 | −0.026% | $303K | $458K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.380 | −0.004% | $5K | $198K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 28.341 | −0.141% | $1K | $1.0M | 10x | as long as short |
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Bitget BMNRUSDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BMNR-USDT | 0.0000% | 8h | 28.411 | +0.106% | $6K | $39K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.340 | −0.144% | $1.6M | $1.5M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0001% | 8h | 28.350 | −0.109% | $213K | $59K | 20x | as long as short |
| QFEX BMNR-USD | +0.0011% | 1h | 28.330 | −0.180% | $1.2M | $1.8M | 10x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 28.381 | long leg | $337K | $25K | 10x | |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 28.343 | −0.134% | $956K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.440 | +0.208% | $37K | $34K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.360 | −0.074% | $707K | $757K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.400 | +0.067% | $25K | $172K | 50x | as long as short |
| Vest BMNR-USD-PERP | +0.0112% | 1h | 28.410 | +0.102% | — | $16K | 25x | as long as short |
HTX BMNR-USDT
Phemex BMNRUSDT
BloFin BMNR-USDT
QFEX BMNR-USD
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT
Vest BMNR-USD-PERP