Funding you earn now, next payment 02:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: KuCoin against Lighter+0.086%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$839as in the Funding arb table
Net, price: spread back to 7d avg − costs−$840as in the Price arb table
costs, in and out, $10k−$8488.483% of the position
Funding, last 7 days+0.095%+$9 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.086%, 7d avg +0.004%
=Together, before fees+0.056%+ Points / potential airdropLighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.082% dearer against Lighter than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BMNR | 28.056 | 0.0032 | pay 0.0004% / 1h | 59m 15s | $353K | $53K | 10x |
| Short | KuCoin BMNRUSDTM | 28.080 | 0.0100 | get 0.0100% / 8h | 6h 59m | $694K | $771K | 20x |
Lighter BMNR
KuCoin BMNRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $14.28
- Price spread: +0.086% → +0.004%
- $8.16
- Slippage, 4 orders
- −$836.27
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$825.83
- Costs to cover
- 8.483%
- Break-even
- 411.8 days
Slippage from Lighter: live order book, 65 min ago; KuCoin: live order book, 55 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, 65 min ago | 21.93 bp | 21.9 bp −$22 | 288.6 bp −$2,886 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 55 min ago | 14.07 bp | 353.7 bp −$354 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BMNR-USD | −0.0001% | 1h | 28.080 | +0.086% | $1.2M | $1.5M | 10x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 28.088 | +0.113% | $53K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.065 | +0.032% | $38K | $597K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.071 | +0.054% | $22.1M | $52.9M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.088 | +0.114% | $3.4M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.100 | +0.157% | $3.6M | $4.9M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.080 | +0.086% | $4.2M | $9.4M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.094 | +0.135% | $2.0M | $992K | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.145 | +0.317% | $314K | $492K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.153 | +0.347% | $6K | $180K | 10x | as long as short |
QFEX BMNR-USD
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
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 | 28.109 | +0.189% | $1K | $944K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 28.110 | +0.192% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.080 | +0.086% | $1.6M | $1.5M | 10x | as long as short |
| tradeXYZ xyz:BMNR | +0.0022% | 1h | 28.070 | +0.050% | $950K | $1.5M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0027% | 8h | 28.160 | +0.371% | $212K | $62K | 20x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 28.056 | long leg | $353K | $53K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.090 | +0.121% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.060 | +0.014% | $37K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTMshort | +0.0100% | 8h | 28.080 | +0.086% | $694K | $771K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.210 | +0.549% | $25K | $45K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
tradeXYZ xyz:BMNR
BloFin BMNR-USDT
Vest BMNR-USD-PERP
Ondo Perps BMNR-USD.P
ApeX Omni BMNRUSDT