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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h 0.000%
Price spread now: Lighter against Binance+0.051%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$890.889% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.334%−$33 on $10k
Price spread, last 4 days (all we have)−0.360%−$36 · spread now +0.051%, 7d avg −0.036%
Together, before fees−0.694%+ Points / potential airdropLighter: Season 3 · farm board−$69 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 0.087% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.036%. Mind the row above: over the last 7 days funding on this pair cost −0.334%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BMNRUSDT27.5100get 0.0000% / 8h34m 25s$21.6M$51.6M25x
ShortLighter BMNR27.5240.0032get 0.0004% / 1h34m 25s$344K$50K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Binance. 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: +0.051% → −0.036%
$8.68
Slippage, 4 orders
−$78.93
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$73.53
Costs to cover
0.889%
Break-even
83.6 days
Slippage from Binance: live order book, 8 min ago; Lighter: live order book, 60 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 Binance live order book, 8 min ago1.81 bp8.6 bp −$922.6 bp −$22691.1 bp −$9,110doesn't fit
Sell Lighter live order book, 60 min ago35.33 bp35.3 bp −$35336.8 bp −$3,368doesn'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
Bitget BMNRUSDT−0.0542%8h27.552+0.153%$1.8M$1.3M20xas long as short
tradeXYZ xyz:BMNR−0.0399%1h27.477−0.120%$811K$1.6M10xas long as short
Aster BMNRUSDT0.0000%8h27.523+0.047%$47K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.482−0.100%$58K$357K10xas long as short
Binance BMNRUSDTlong0.0000%8h27.510long leg$21.6M$51.6M25x
Bybit BMNRUSDT0.0000%8h27.512+0.007%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.5100.000%$3.5M$4.1M20xas long as short
Gate BMNR_USDT0.0000%8h27.5100.000%$4.1M$8.5M50xas long as short
Variational Omni BMNR0.0000%8h27.500−0.038%$213K$607Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.557+0.172%$5K$185K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.516+0.022%$1K$818K10xas long as short
HTX BMNR-USDT0.0000%8h27.536+0.095%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.490−0.073%$1.6M$1.5M10xas long as short
Vest BMNR-USD-PERP+0.0006%1h27.470−0.145%$36K25xas long as short
QFEX BMNR-USD+0.0010%1h27.490−0.073%$1.2M$1.0M10xas long as short
BloFin BMNR-USDT+0.0012%8h27.480−0.109%$205K$54K20xas long as short
Lighter BMNRshort+0.0032%1h27.524+0.051%$344K$50K10x
Ondo Perps BMNR-USD.P+0.0050%1h27.520+0.036%$36K$14K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.500−0.036%$670K$704K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.500−0.036%$24K$29K50xas long as short