Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter against HTX−0.200%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.200% cheaper against HTX than usual: you would sell low and buy high (spread −0.200% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 21 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX BMNR-USDT	27.530	0	get 0.0000% / 8h	1h 40m	$6K	$40K	20x
Short	Lighter BMNR	27.475	0.0032	get 0.0004% / 1h	40m 24s	$343K	$52K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee LighterbpOrdersPrice spread, now −0.200%Rate

Funding earned: $6.72
Price spread: −0.200% → 0.000%: −$19.98
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$25.26
Costs to cover: 0.120%
Break-even: 33.3 days

Slippage unknown: HTX: no order-book sample; Lighter: live order book, 59 min ago. Net counts fees only.

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 HTX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 59 min ago	35.33 bp	35.3 bp −$35	313.4 bp −$3,134	doesn't fit	doesn't fit

HTX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BMNRUSDT	−0.0764%	8h	27.541	+0.040%	$1.8M	$1.3M	20x	as long as short
BloFin BMNR-USDT	−0.0011%	8h	27.510	−0.073%	$207K	$51K	20x	as long as short
Vest BMNR-USD-PERP	−0.0004%	1h	27.450	−0.291%	—	$36K	25x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.465	−0.238%	$48K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.464	−0.240%	$61K	$448K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.464	−0.239%	$21.6M	$53.0M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.480	−0.182%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.480	−0.182%	$3.5M	$4.2M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.500	−0.109%	$4.1M	$8.6M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.480	−0.181%	$223K	$607K	—	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BMNR_USDT_Perp	0.0000%	8h	27.527	−0.009%	$6K	$190K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.517	−0.047%	$993	$864K	10x	as long as short
HTX BMNR-USDTlong	0.0000%	8h	27.530	long leg	$6K	$40K	20x
Phemex BMNRUSDT	0.0000%	8h	27.480	−0.182%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0019%	1h	27.480	−0.182%	$1.2M	$1.1M	10x	as long as short
Lighter BMNRshort	+0.0032%	1h	27.475	−0.200%	$343K	$52K	10x
tradeXYZ xyz:BMNR	+0.0050%	1h	27.460	−0.254%	$903K	$1.4M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.530	0.000%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.480	−0.182%	$671K	$731K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.510	−0.073%	$24K	$29K	50x	as long as short