Funding you earn now, next payment 05:00 UTC−0.0020%/8h= −2.1% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: QFEX against Lighter−0.083%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$740.740% of the position
Funding, last 4 days (all we have)−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)+0.186%+$19 · spread now −0.083%, 7d avg +0.048%
=Together, before fees+0.168%+ Points / potential airdropLighter: Season 3 · farm board+$17 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 QFEX is 0.131% cheaper against Lighter than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.048%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BMNR | 27.793 | 0.0032 | pay 0.0004% / 1h | 39m 35s | $350K | $52K | 10x |
| Short | QFEX BMNR-USD | 27.770 | 0.0012 | get 0.0002% / 1h | 39m 35s | $1.2M | $1.1M | 10x |
Lighter BMNR
QFEX BMNR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$4.1
- Price spread: −0.083% → +0.048%
- −$13.08
- Slippage, 4 orders
- −$63.97
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$91.14
- Costs to cover
- 0.740%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; QFEX: 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, 5 min ago | 28.38 bp | 28.4 bp −$28 | 338.9 bp −$3,389 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 3.60 bp | 8.6 bp −$9 | 12.2 bp −$122 | 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 | −0.0592% | 8h | 27.796 | +0.011% | $1.9M | $921K | 20x | as long as short |
| BloFin BMNR-USDT | −0.0002% | 8h | 27.790 | −0.011% | $208K | $52K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.769 | −0.087% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.772 | −0.075% | $52K | $619K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.780 | −0.047% | $22.0M | $52.2M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.771 | −0.079% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.790 | −0.011% | $3.5M | $4.2M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.780 | −0.047% | $4.2M | $9.0M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.780 | −0.046% | $324K | $504K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.782 | −0.041% | $6K | $185K | 10x | as long as short |
Bitget BMNRUSDT
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 | 27.829 | +0.130% | $1K | $871K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.768 | −0.090% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.800 | +0.025% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USDshort | +0.0012% | 1h | 27.770 | −0.083% | $1.2M | $1.1M | 10x | |
| Lighter BMNRlong | +0.0032% | 1h | 27.793 | long leg | $350K | $52K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.750 | −0.155% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.770 | −0.083% | $915K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.740 | −0.191% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.770 | −0.083% | $678K | $764K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.820 | +0.097% | $24K | $29K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT