Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Bybit against Lighter+0.025%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1681.683% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.025%, 7d avg +0.038%
=Together, before fees+0.132%+ Points / potential airdropLighter: Season 3 · farm board+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.073%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BMNR | 28.042 | 0.0032 | pay 0.0004% / 1h | 58m 17s | $353K | $53K | 10x |
| Short | Bybit BMNRUSDT | 28.049 | 0 | get 0.0000% / 8h | 6h 58m | $3.4M | $1.9M | 25x |
Lighter BMNR
Bybit BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.025% → +0.038%
- −$1.35
- Slippage, 4 orders
- −$157.32
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$176.39
- Costs to cover
- 1.683%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 1 min ago; Bybit: live order book, 4 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, 1 min ago | 49.54 bp | 49.5 bp −$50 | 373.3 bp −$3,733 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.02 bp | 38.0 bp −$38 | 125.7 bp −$1,257 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BMNRUSDT | 0.0000% | 8h | 28.056 | +0.051% | $53K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.032 | −0.036% | $38K | $597K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.038 | −0.016% | $22.1M | $52.9M | 25x | as long as short |
| Bybit BMNRUSDTshort | 0.0000% | 8h | 28.049 | +0.025% | $3.4M | $1.9M | 25x | |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.060 | +0.064% | $3.6M | $4.9M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.060 | +0.064% | $4.2M | $9.4M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.066 | +0.086% | $2.0M | $993K | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.145 | +0.368% | $314K | $492K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.153 | +0.397% | $6K | $180K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 28.064 | +0.078% | $1K | $945K | 10x | as long as short |
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BMNR-USDT | 0.0000% | 8h | 28.110 | +0.242% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.040 | −0.007% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0002% | 1h | 28.040 | −0.007% | $1.2M | $1.5M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0023% | 8h | 28.050 | +0.029% | $211K | $62K | 20x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 28.042 | long leg | $353K | $53K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.080 | +0.136% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 28.049 | +0.025% | $947K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.060 | +0.064% | $37K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.050 | +0.029% | $692K | $771K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.210 | +0.599% | $25K | $45K | 50x | as long as short |
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
BloFin BMNR-USDT
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT