Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against Phemex+0.078%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1731.726% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 3 days (all we have)−0.115%−$12 · spread now +0.078%, 7d avg −0.035%
=Together, before fees−0.052%+ Points / potential airdropLighter: Season 3 · farm board−$5 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 0.113% dearer against Phemex than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BMNRUSDT | 28.280 | 0 | get 0.0000% / 8h | 7h 05m | $1.6M | $1.5M | 10x |
| Short | Lighter BMNR | 28.302 | 0.0032 | get 0.0004% / 1h | 5m 20s | $356K | $53K | 10x |
Phemex BMNRUSDT
Lighter BMNRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Phemex. 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: +0.078% → −0.035%
- $11.32
- Slippage, 4 orders
- −$160.57
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$154.53
- Costs to cover
- 1.726%
- Break-even
- 168.0 days
Slippage from Phemex: live order book, 3 min ago; Lighter: live order book, 59 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 Phemex live order book, 3 min ago | 3.53 bp | 70.1 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 59 min ago | 21.93 bp | 21.9 bp −$22 | 298.6 bp −$2,986 | 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 | −0.0026% | 8h | 28.320 | +0.141% | $213K | $57K | 20x | as long as short |
| QFEX BMNR-USD | −0.0001% | 1h | 28.280 | 0.000% | $1.2M | $1.5M | 10x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 28.319 | +0.139% | $53K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.277 | −0.011% | $39K | $597K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.284 | +0.013% | $22.3M | $52.8M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.293 | +0.046% | $3.4M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.300 | +0.071% | $3.6M | $4.9M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.300 | +0.071% | $4.2M | $10.1M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.326 | +0.163% | $2.0M | $990K | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.280 | −0.001% | $316K | $492K | — | as long as short |
BloFin BMNR-USDT
QFEX BMNR-USD
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
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 | 28.347 | +0.238% | $6K | $180K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 28.301 | +0.074% | $1K | $946K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 28.326 | +0.163% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDTlong | 0.0000% | 8h | 28.280 | long leg | $1.6M | $1.5M | 10x | |
| Lighter BMNRshort | +0.0032% | 1h | 28.302 | +0.078% | $356K | $53K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.300 | +0.071% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.280 | 0.000% | $37K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.300 | +0.071% | $698K | $771K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.360 | +0.283% | $25K | $45K | 50x | as long as short |
| tradeXYZ xyz:BMNR | +0.0390% | 1h | 28.302 | +0.078% | $962K | $1.5M | 10x | as long as short |
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Vest BMNR-USD-PERP
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT
tradeXYZ xyz:BMNR