Funding you earn now, next payment 05:00 UTC−0.0671%/8h= −73.5% APRpaid last 24h −0.010%
Price spread now: Bitget against Lighter0.000%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1461.461% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)+0.105%+$11 · spread now 0.000%, 7d avg +0.069%
=Together, before fees+0.038%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Bitget is 0.069% cheaper against Lighter than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.069%). Swap the legs.
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 | Lighter BMNR | 27.714 | 0.0032 | pay 0.0004% / 1h | 15m 15s | $349K | $52K | 10x |
| Short | Bitget BMNRUSDT | 27.714 | −0.0639 | pay 0.0639% / 8h | 3h 15m | $1.9M | $921K | 20x |
Lighter BMNR
Bitget BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$140.91
- Price spread: 0.000% → +0.069%
- −$6.93
- Slippage, 4 orders
- −$134.14
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$293.98
- Costs to cover
- 1.461%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 29 min ago; Bitget: live order book, 2 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, 29 min ago | 28.38 bp | 28.4 bp −$28 | 338.9 bp −$3,389 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.35 bp | 70.5 bp −$70 | 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 BMNRUSDTshort | −0.0639% | 8h | 27.714 | 0.000% | $1.9M | $921K | 20x | |
| BloFin BMNR-USDT | −0.0002% | 8h | 27.680 | −0.123% | $209K | $52K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.702 | −0.043% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.682 | −0.114% | $57K | $622K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.690 | −0.087% | $21.9M | $52.3M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.690 | −0.087% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.720 | +0.022% | $3.5M | $4.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.690 | −0.087% | $4.1M | $9.1M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.680 | −0.122% | $323K | $504K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.676 | −0.136% | $6K | $189K | 10x | as long as short |
BloFin BMNR-USDT
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 | 27.687 | −0.097% | $1K | $866K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.636 | −0.281% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.680 | −0.123% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0012% | 1h | 27.680 | −0.123% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 27.714 | long leg | $349K | $52K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.660 | −0.195% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.688 | −0.094% | $912K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.620 | −0.339% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.680 | −0.123% | $677K | $756K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.660 | −0.195% | $24K | $29K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT