Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Aster against Lighter−0.131%7-day average +0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$1961.964% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)+0.242%+$24 · spread now −0.131%, 7d avg +0.091%
=Together, before fees+0.179%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.221% cheaper against Lighter than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.091%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BMNR | 27.560 | 0.0032 | pay 0.0004% / 1h | 26m 07s | $344K | $52K | 10x |
| Short | Aster BMNRUSDT | 27.524 | 0 | get 0.0000% / 8h | 1h 26m | $47K | $101K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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
- −$6.72
- Price spread: −0.131% → +0.091%
- −$22.13
- Slippage, 4 orders
- −$188.44
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$225.29
- Costs to cover
- 1.964%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 8 min ago; Aster: live order book, 57 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 Lighter live order book, 8 min ago | 35.33 bp | 35.3 bp −$35 | 351.8 bp −$3,518 | doesn't fit | doesn't fit |
| Sell Aster live order book, 57 min ago | 51.02 bp | 67.5 bp −$68 | doesn't fit | 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 BMNRUSDT | −0.0802% | 8h | 27.566 | +0.022% | $1.8M | $1.3M | 20x | as long as short |
| BloFin BMNR-USDT | −0.0018% | 8h | 27.500 | −0.218% | $207K | $51K | 20x | as long as short |
| Vest BMNR-USD-PERP | −0.0004% | 1h | 27.480 | −0.290% | — | $36K | 25x | as long as short |
| Aster BMNRUSDTshort | 0.0000% | 8h | 27.524 | −0.131% | $47K | $101K | 20x | |
| Extended BMNR-USD | 0.0000% | 1h | 27.533 | −0.097% | $58K | $348K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.552 | −0.030% | $21.6M | $52.6M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.538 | −0.080% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.560 | 0.000% | $3.5M | $4.2M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.550 | −0.036% | $4.1M | $8.6M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.470 | −0.326% | $213K | $616K | — | 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 | 27.467 | −0.337% | $6K | $188K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.533 | −0.098% | $1K | $850K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.517 | −0.156% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.540 | −0.073% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0019% | 1h | 27.530 | −0.109% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 27.560 | long leg | $344K | $52K | 10x | |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.538 | −0.080% | $904K | $1.4M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.510 | −0.181% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.530 | −0.109% | $673K | $724K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.460 | −0.363% | $24K | $29K | 50x | as long as short |
Lighter BMNR
Aster BMNRUSDT
Bitget BMNRUSDT
BloFin BMNR-USDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
tradeXYZ xyz:BMNR
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT