Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: KuCoin against Lighter+0.021%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$752as in the Funding arb table
Net, price: spread back to 7d avg − costs−$760as in the Price arb table
costs, in and out, $10k−$7627.618% of the position
Funding, last 7 days+0.095%+$9 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.021%, 7d avg −0.001%
=Together, before fees+0.156%+ Points / potential airdropLighter: Season 3 · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.022% dearer against Lighter than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BMNR | 28.444 | 0.0032 | pay 0.0004% / 1h | 14m 48s | $336K | $25K | 10x |
| Short | KuCoin BMNRUSDTM | 28.450 | 0.0100 | get 0.0100% / 8h | 14m 48s | $704K | $773K | 20x |
Lighter BMNR
KuCoin BMNRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $14.28
- Price spread: +0.021% → −0.001%
- $2.18
- Slippage, 4 orders
- −$749.77
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$745.31
- Costs to cover
- 7.618%
- Break-even
- 372.4 days
Slippage from Lighter: live order book, 55 min ago; KuCoin: live order book, 49 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, 55 min ago | 41.89 bp | 47.8 bp −$48 | 355.9 bp −$3,559 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 49 min ago | 22.96 bp | 271.3 bp −$271 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BMNR-USDT | −0.0024% | 8h | 28.440 | −0.014% | $213K | $58K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 28.475 | +0.111% | $54K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.447 | +0.012% | $40K | $462K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.454 | +0.034% | $22.6M | $55.4M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.465 | +0.074% | $3.4M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.470 | +0.091% | $3.7M | $6.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.470 | +0.091% | $3.9M | $10.4M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.474 | +0.105% | $2.0M | $1.1M | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.451 | +0.024% | $317K | $493K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.431 | −0.044% | $5K | $188K | 10x | as long as short |
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_PerpShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BMNR-USDT | 0.0000% | 8h | 28.465 | +0.074% | $993 | $1.0M | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 28.476 | +0.113% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.450 | +0.021% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0004% | 1h | 28.460 | +0.056% | $1.2M | $1.8M | 10x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 28.444 | long leg | $336K | $25K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.500 | +0.197% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.470 | +0.091% | $37K | $26K | 5x | as long as short |
| tradeXYZ xyz:BMNR | +0.0051% | 1h | 28.449 | +0.018% | $967K | $1.5M | 10x | as long as short |
| KuCoin BMNRUSDTMshort | +0.0100% | 8h | 28.450 | +0.021% | $704K | $773K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.420 | −0.084% | $25K | $82K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
Vest BMNR-USD-PERP
Ondo Perps BMNR-USD.P
tradeXYZ xyz:BMNR
ApeX Omni BMNRUSDT