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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against Gate−0.125%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1291.289% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.125%, 7d avg −0.035%
Together, before fees+0.087%+ Points / potential airdropLighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.090% cheaper against Gate than usual: you would sell low and buy high (spread −0.125% now, against its 7-day average of −0.035%). If the spread goes back, that is −$9 on $10k: about 9.3 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BMNR_USDT28.0700get 0.0000% / 8h6h 58m$4.2M$9.4M50x
ShortLighter BMNR28.0350.0032get 0.0004% / 1h58m 38s$353K$53K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Gate. 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: −0.125% → −0.035%
−$8.97
Slippage, 4 orders
−$113.94
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Lighter: 0 bp × 2 orders
$0
Net
−$131.19
Costs to cover
1.289%
Break-even
143.7 days
Slippage from Gate: live order book, 5 min ago; Lighter: live order book, 1 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 Gate live order book, 5 min ago3.54 bp13.8 bp −$1464.1 bp −$641doesn't fitdoesn't fit
Sell Lighter live order book, 1 min ago49.54 bp49.5 bp −$50262.2 bp −$2,622doesn'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
Aster BMNRUSDT0.0000%8h28.056−0.049%$53K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.027−0.152%$38K$597K10xas long as short
Binance BMNRUSDT0.0000%8h28.050−0.069%$22.1M$52.9M25xas long as short
Bybit BMNRUSDT0.0000%8h28.057−0.046%$3.4M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.060−0.036%$3.6M$4.9M20xas long as short
Gate BMNR_USDTlong0.0000%8h28.070long leg$4.2M$9.4M50x
Bitget BMNRUSDT0.0000%8h28.079+0.032%$2.0M$993K20xas long as short
Variational Omni BMNR0.0000%8h28.145+0.267%$314K$492Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.153+0.297%$6K$180K10xas long as short
SunX BMNR-USDT0.0000%8h28.109+0.139%$1K$944K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h28.110+0.143%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.080+0.036%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0002%1h28.040−0.107%$1.2M$1.5M10xas long as short
BloFin BMNR-USDT+0.0023%8h28.050−0.071%$211K$62K20xas long as short
Lighter BMNRshort+0.0032%1h28.035−0.125%$353K$53K10x
Vest BMNR-USD-PERP+0.0046%1h28.090+0.071%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.046−0.086%$947K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.060−0.036%$37K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.040−0.107%$692K$771K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.210+0.499%$25K$45K50xas long as short