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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.032%
Price spread now: Ondo Perps against Lighter−0.298%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.298% cheaper against Lighter than usual: you would sell low and buy high (spread −0.298% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$30 on $10k: about 54 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BMNR28.5050.0032pay 0.0004% / 1h46m 07s$339K$23K10x
ShortOndo Perps BMNR-USD.P28.4200.0050get 0.0006% / 1h46m 07s$37K$26K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$3.86
Price spread: −0.298% → 0.000%
−$29.82
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$30.96
Costs to cover
0.050%
Break-even
63.1 days
Slippage unknown: Lighter: live order book, 23 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 23 min ago41.89 bp47.8 bp −$48355.9 bp −$3,559doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
BloFin BMNR-USDT−0.0013%8h28.430−0.263%$211K$58K20xas long as short
Aster BMNRUSDT0.0000%8h28.487−0.064%$54K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.482−0.082%$40K$462K10xas long as short
Binance BMNRUSDT0.0000%8h28.500−0.018%$22.6M$55.2M25xas long as short
Bybit BMNRUSDT0.0000%8h28.503−0.007%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.510+0.018%$3.7M$6.1M20xas long as short
Gate BMNR_USDT0.0000%8h28.500−0.018%$3.8M$10.1M50xas long as short
Bitget BMNRUSDT0.0000%8h28.513+0.028%$2.0M$1.1M20xas long as short
Variational Omni BMNR0.0000%8h28.481−0.083%$317K$493Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.470−0.123%$6K$189K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h28.458−0.165%$997$1.0M10xas long as short
HTX BMNR-USDT0.0000%8h28.475−0.105%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.500−0.018%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0004%1h28.460−0.158%$1.2M$1.8M10xas long as short
Lighter BMNRlong+0.0032%1h28.505long leg$339K$23K10x
Vest BMNR-USD-PERP+0.0046%1h28.500−0.018%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.510+0.018%$955K$1.5M10xas long as short
Ondo Perps BMNR-USD.Pshort+0.0050%1h28.420−0.298%$37K$26K5x
KuCoin BMNRUSDTM+0.0100%8h28.460−0.158%$705K$778K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.430−0.263%$25K$82K50xas long as short