Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h +0.026%
Price spread now: Extended against Lighter−0.107%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$800.804% of the position
Funding, last 7 days+0.347%+$35 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.107%, 7d avg +0.018%
=Together, before fees+0.421%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$42 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 Extended is 0.124% cheaper against Lighter than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.018%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.347%, 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 | 27.765 | 0.0032 | pay 0.0004% / 1h | 46m 34s | $349K | $53K | 10x |
| Short | Extended BMNR-USD | 27.735 | 0 | get 0.0000% / 1h | 46m 34s | $52K | $634K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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: −0.107% → +0.018%
- −$12.44
- Slippage, 4 orders
- −$75.43
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$99.59
- Costs to cover
- 0.804%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 8 min ago; Extended: live order book, 16 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 | 27.33 bp | 27.3 bp −$27 | 359.5 bp −$3,595 | doesn't fit | doesn't fit |
| Sell Extended live order book, 16 min ago | 4.31 bp | 13.1 bp −$13 | 94.7 bp −$947 | 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 | −0.0760% | 8h | 27.777 | +0.043% | $1.9M | $929K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.778 | +0.045% | $50K | $100K | 20x | as long as short |
| Extended BMNR-USDshort | 0.0000% | 1h | 27.735 | −0.107% | $52K | $634K | 10x | |
| Binance BMNRUSDT | 0.0000% | 8h | 27.750 | −0.054% | $22.0M | $52.7M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.743 | −0.079% | $3.2M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.750 | −0.054% | $3.6M | $4.3M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.760 | −0.018% | $4.2M | $9.5M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.820 | +0.197% | $317K | $497K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.825 | +0.215% | $6K | $175K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.783 | +0.065% | $1K | $892K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BMNR-USDT | 0.0000% | 8h | 27.740 | −0.090% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.750 | −0.054% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0012% | 1h | 27.740 | −0.090% | $1.2M | $1.2M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0025% | 8h | 27.780 | +0.054% | — | $61K | 20x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 27.765 | long leg | $349K | $53K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.750 | −0.054% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.743 | −0.079% | $924K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.780 | +0.054% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.740 | −0.090% | $678K | $807K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.800 | +0.126% | $24K | $29K | 50x | as long as short |
Lighter BMNR
Extended BMNR-USD
Bitget BMNRUSDT
Aster BMNRUSDT
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
BloFin BMNR-USDT
tradeXYZ xyz:BMNR
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT