Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.039%
Price spread now: OKX against Lighter0.000%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1171.166% of the position
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 4 days (all we have)+0.045%+$4 · spread now 0.000%, 7d avg +0.080%
=Together, before fees+0.287%+ Points / potential airdropLighter: Season 3 · farm board+$29 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 OKX is 0.080% cheaper against Lighter than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.080%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.243%, 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 | 27.800 | 0.0032 | pay 0.0004% / 1h | 7m 13s | $350K | $53K | 10x |
| Short | OKX BMNR-USDT-SWAP | 27.800 | 0 | get 0.0000% / 8h | 4h 07m | $3.5M | $4.2M | 20x |
Lighter BMNR
OKX BMNR-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: 0.000% → +0.080%
- −$7.98
- Slippage, 4 orders
- −$106.62
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$131.33
- Costs to cover
- 1.166%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 42 min ago; OKX: live order book, 5 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, 42 min ago | 43.25 bp | 43.3 bp −$43 | 355.2 bp −$3,552 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 3.60 bp | 16.8 bp −$17 | 111.0 bp −$1,110 | 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 | −0.0696% | 8h | 27.810 | +0.036% | $1.9M | $933K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.768 | −0.116% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.781 | −0.067% | $52K | $623K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.790 | −0.036% | $22.0M | $52.7M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.783 | −0.061% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAPshort | 0.0000% | 8h | 27.800 | 0.000% | $3.5M | $4.2M | 20x | |
| Gate BMNR_USDT | 0.0000% | 8h | 27.790 | −0.036% | $4.2M | $9.3M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.800 | −0.001% | $324K | $504K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.806 | +0.022% | $6K | $183K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.771 | −0.104% | $903 | $885K | 10x | as long as short |
Bitget BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
Gate BMNR_USDT
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 | 27.808 | +0.029% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.790 | −0.036% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0018% | 1h | 27.760 | −0.144% | $1.2M | $1.1M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0029% | 8h | 27.780 | −0.072% | $209K | $52K | 20x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 27.800 | long leg | $350K | $53K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.760 | −0.144% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.773 | −0.097% | $915K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.800 | 0.000% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.780 | −0.072% | $679K | $769K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.780 | −0.072% | $24K | $29K | 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