Funding you earn now, next payment 05:00 UTC−0.0020%/8h= −2.1% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: QFEX against Lighter+0.116%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$810.812% of the position
Funding, last 4 days (all we have)−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.116%, 7d avg +0.048%
=Together, before fees−0.030%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.068% dearer against Lighter than usual: you sell high and buy low (spread +0.116% now, against its 7-day average of +0.048%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BMNR | 27.638 | 0.0032 | pay 0.0004% / 1h | 21m 24s | $348K | $52K | 10x |
| Short | QFEX BMNR-USD | 27.670 | 0.0012 | get 0.0002% / 1h | 21m 24s | $1.2M | $1.1M | 10x |
Lighter BMNR
QFEX BMNR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$4.1
- Price spread: +0.116% → +0.048%
- $6.78
- Slippage, 4 orders
- −$71.17
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$78.49
- Costs to cover
- 0.812%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 23 min ago; QFEX: live order book, 5 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, 23 min ago | 28.38 bp | 28.4 bp −$28 | 338.9 bp −$3,389 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 3.61 bp | 12.2 bp −$12 | 16.1 bp −$161 | 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 | −0.0608% | 8h | 27.688 | +0.181% | $1.9M | $922K | 20x | as long as short |
| BloFin BMNR-USDT | −0.0011% | 8h | 27.700 | +0.224% | $208K | $52K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.651 | +0.048% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.656 | +0.064% | $57K | $622K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.660 | +0.080% | $21.9M | $52.3M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.629 | −0.033% | $3.2M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.680 | +0.152% | $3.5M | $4.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.650 | +0.043% | $4.1M | $9.1M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.700 | +0.224% | $323K | $504K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.692 | +0.194% | $5K | $188K | 10x | as long as short |
Bitget BMNRUSDT
BloFin BMNR-USDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
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 | 27.641 | +0.011% | $1K | $867K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.667 | +0.105% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.650 | +0.043% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USDshort | +0.0012% | 1h | 27.670 | +0.116% | $1.2M | $1.1M | 10x | |
| Lighter BMNRlong | +0.0032% | 1h | 27.638 | long leg | $348K | $52K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.610 | −0.101% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.657 | +0.069% | $910K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.620 | −0.065% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.640 | +0.007% | $675K | $760K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.640 | +0.007% | $24K | $29K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT