Funding you earn now, next payment 09:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Phemex against Lighter+0.018%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1381.377% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)−0.529%−$53 · spread now +0.018%, 7d avg +0.031%
=Together, before fees−0.593%+ Points / potential airdropLighter: Season 3 · farm board−$59 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BMNR | 27.555 | 0.0032 | pay 0.0004% / 1h | 42m 26s | $344K | $53K | 10x |
| Short | Phemex BMNRUSDT | 27.560 | 0 | get 0.0000% / 8h | 7h 42m | $1.6M | $1.4M | 10x |
Lighter BMNR
Phemex BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: +0.018% → +0.031%
- −$1.33
- Slippage, 4 orders
- −$125.67
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$145.72
- Costs to cover
- 1.377%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 47 min ago; Phemex: live order book, 1 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, 47 min ago | 23.43 bp | 26.8 bp −$27 | 360.7 bp −$3,607 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 7.26 bp | 40.5 bp −$41 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BMNRUSDT | −0.0318% | 8h | 27.579 | +0.087% | $1.9M | $1.3M | 20x | as long as short |
| tradeXYZ xyz:BMNR | −0.0157% | 1h | 27.580 | +0.091% | $764K | $1.5M | 10x | as long as short |
| BloFin BMNR-USDT | −0.0008% | 8h | 27.610 | +0.200% | $208K | $62K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.574 | +0.069% | $47K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.552 | −0.011% | $57K | $359K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.570 | +0.055% | $21.5M | $50.3M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.568 | +0.047% | $3.2M | $1.8M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.580 | +0.091% | $3.5M | $3.8M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.580 | +0.091% | $4.1M | $7.9M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.655 | +0.364% | $214K | $607K | — | as long as short |
Bitget BMNRUSDT
tradeXYZ xyz:BMNR
BloFin BMNR-USDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNRShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.641 | +0.310% | $5K | $181K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.591 | +0.131% | $930 | $791K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.677 | +0.443% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDTshort | 0.0000% | 8h | 27.560 | +0.018% | $1.6M | $1.4M | 10x | |
| QFEX BMNR-USD | +0.0010% | 1h | 27.560 | +0.018% | $1.2M | $987K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0012% | 1h | 27.530 | −0.091% | — | $36K | 25x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 27.555 | long leg | $344K | $53K | 10x | |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.560 | +0.018% | $36K | $11K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.570 | +0.054% | $671K | $707K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.660 | +0.381% | $24K | $23K | 50x | as long as short |
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
QFEX BMNR-USD
Vest BMNR-USD-PERP
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT