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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.061%
Price spread now: Lighter against OKX−0.014%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1381.381% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.243%−$24 on $10k
Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.014%, 7d avg −0.075%
Together, before fees−0.331%+ Points / potential airdropLighter: Season 3 · farm board−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.061% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.075%. Mind the row above: over the last 7 days funding on this pair cost −0.243%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BMNR-USDT-SWAP28.3500get 0.0000% / 8h1h 03m$3.6M$6.0M20x
ShortLighter BMNR28.3460.0032get 0.0004% / 1h3m 32s$337K$23K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against OKX. 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
$6.72
Price spread: −0.014% → −0.075%
$6.13
Slippage, 4 orders
−$128.1
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$125.25
Costs to cover
1.381%
Break-even
137.5 days
Slippage from OKX: live order book, 4 min ago; Lighter: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago1.77 bp29.2 bp −$29151.6 bp −$1,516doesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago41.89 bp48.7 bp −$49335.8 bp −$3,358doesn't fitdoesn't fit

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
QFEX BMNR-USD−0.0003%1h28.340−0.035%$1.2M$1.8M10xas long as short
BloFin BMNR-USDT−0.0001%8h28.290−0.212%$212K$58K20xas long as short
Aster BMNRUSDT0.0000%8h28.3500.000%$53K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.335−0.055%$40K$462K10xas long as short
Binance BMNRUSDT0.0000%8h28.340−0.035%$22.5M$55.1M25xas long as short
Bybit BMNRUSDT0.0000%8h28.338−0.042%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAPlong0.0000%8h28.350long leg$3.6M$6.0M20x
Gate BMNR_USDT0.0000%8h28.340−0.035%$3.8M$10.3M50xas long as short
Bitget BMNRUSDT0.0000%8h28.340−0.035%$2.0M$1.1M20xas long as short
Variational Omni BMNR0.0000%8h28.301−0.172%$325K$484Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BMNR_USDT_Perp0.0000%8h28.310−0.141%$5K$190K10xas long as short
SunX BMNR-USDT0.0000%8h28.340−0.035%$1K$1.0M10xas long as short
HTX BMNR-USDT0.0000%8h28.291−0.208%$5K$39K20xas long as short
Phemex BMNRUSDT0.0000%8h28.330−0.071%$1.6M$1.5M10xas long as short
Lighter BMNRshort+0.0032%1h28.346−0.014%$337K$23K10x
Vest BMNR-USD-PERP+0.0046%1h28.370+0.071%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.347−0.011%$950K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.330−0.071%$37K$26K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.330−0.071%$701K$776K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.280−0.247%$25K$83K50xas long as short