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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.04 per $10,000 · paid last 24h −0.007%
Price spread now: Lighter against Vest+0.127%46s7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.127% dearer against Vest than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BMNR-USD-PERP27.510−0.0002get 0.0000% / 1h23m 45s$36K25x
ShortLighter BMNR27.5450.0032get 0.0004% / 1h23m 45s$344K$52K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Vest. 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
$7.14
Price spread: +0.127% → 0.000%
$12.72
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Lighter: 0 bp × 2 orders
$0
Net
$17.86
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Lighter: live order book, 11 min ago. 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 Vest no order-book sample
Sell Lighter live order book, 11 min ago35.33 bp35.3 bp −$35336.8 bp −$3,368doesn't fitdoesn't fit
Vest: 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
Bitget BMNRUSDT−0.0792%8h27.553+0.156%$1.8M$1.3M20xas long as short
BloFin BMNR-USDT−0.0027%8h27.500−0.036%$206K$51K20xas long as short
Vest BMNR-USD-PERPlong−0.0002%1h27.510long leg$36K25x
Aster BMNRUSDT0.0000%8h27.5100.000%$47K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.523+0.048%$58K$348K10xas long as short
Binance BMNRUSDT0.0000%8h27.533+0.085%$21.6M$52.6M25xas long as short
Bybit BMNRUSDT0.0000%8h27.538+0.102%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.540+0.109%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.540+0.109%$4.1M$8.6M50xas long as short
Variational Omni BMNR0.0000%8h27.540+0.110%$213K$616Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BMNR_USDT_Perp0.0000%8h27.510−0.001%$5K$189K10xas long as short
SunX BMNR-USDT0.0000%8h27.561+0.185%$1K$849K10xas long as short
HTX BMNR-USDT0.0000%8h27.517+0.025%$6K$39K20xas long as short
Phemex BMNRUSDT0.0000%8h27.540+0.109%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0019%1h27.540+0.109%$1.2M$1.1M10xas long as short
Lighter BMNRshort+0.0032%1h27.545+0.127%$344K$52K10x
tradeXYZ xyz:BMNR+0.0050%1h27.518+0.029%$885K$1.6M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.5100.000%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.520+0.036%$672K$723K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.490−0.073%$24K$29K50xas long as short