Funding you earn now, next payment 06:00 UTC+0.0933%/8h= +102.2% APRpaid last 24h +0.010%
Price spread now: Lighter against Bitget−0.219%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1461.458% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.219%, 7d avg −0.070%
=Together, before fees+0.189%+ Points / potential airdropLighter: Season 3 · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.149% cheaper against Bitget than usual: you would sell low and buy high (spread −0.219% now, against its 7-day average of −0.070%). If the spread goes back, that is −$15 on $10k: about 13 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.067% in total) that is about 16 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.067% in total (about 3.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BMNRUSDT | 27.410 | −0.0901 | get 0.0901% / 8h | 2h 26m | $1.9M | $963K | 20x |
| Short | Lighter BMNR | 27.350 | 0.0032 | get 0.0004% / 1h | 26m 14s | $344K | $52K | 10x |
Bitget BMNRUSDT
Lighter BMNRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $195.93
- Price spread: −0.219% → −0.070%
- −$14.87
- Slippage, 4 orders
- −$133.79
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $35.27
- Costs to cover
- 1.458%
- Break-even
- 5.7 days
Slippage from Bitget: live order book, 1 min ago; Lighter: live order book, 13 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 Bitget live order book, 1 min ago | 2.92 bp | 14.0 bp −$14 | 17.8 bp −$178 | 263.2 bp −$26.3K | doesn't fit |
| Sell Lighter live order book, 13 min ago | 35.33 bp | 35.3 bp −$35 | 313.4 bp −$3,134 | 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 BMNRUSDTlong | −0.0901% | 8h | 27.410 | long leg | $1.9M | $963K | 20x | |
| Vest BMNR-USD-PERP | −0.0004% | 1h | 27.310 | −0.365% | — | $36K | 25x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.374 | −0.132% | $48K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.362 | −0.174% | $60K | $497K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.370 | −0.146% | $21.6M | $52.6M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.361 | −0.179% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.400 | −0.036% | $3.5M | $4.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.390 | −0.073% | $4.1M | $8.9M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.421 | +0.039% | $233K | $576K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.474 | +0.235% | $6K | $190K | 10x | as long as short |
Vest BMNR-USD-PERP
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 | 27.384 | −0.095% | $1K | $867K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.367 | −0.157% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.370 | −0.146% | $1.6M | $1.5M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0006% | 8h | 27.360 | −0.182% | $207K | $51K | 20x | as long as short |
| QFEX BMNR-USD | +0.0013% | 1h | 27.360 | −0.182% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNRshort | +0.0032% | 1h | 27.350 | −0.219% | $344K | $52K | 10x | |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.361 | −0.179% | $901K | $1.4M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.470 | +0.219% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.360 | −0.182% | $668K | $741K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.410 | 0.000% | $24K | $29K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
BloFin BMNR-USDT
QFEX BMNR-USD
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT