Settings8H · net · $10k
Funding arb · Price arb /

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.039%
Price spread now: Lighter against OKX−0.144%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$830.832% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.243%−$24 on $10k
Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.144%, 7d avg −0.080%
Together, before fees−0.160%+ Points / potential airdropLighter: Season 3 · farm board−$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.064% cheaper against OKX than usual: you would sell low and buy high (spread −0.144% now, against its 7-day average of −0.080%). If the spread goes back, that is −$6 on $10k: about 6.6 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.243%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BMNR-USDT-SWAP27.8600get 0.0000% / 8h5h 50m$3.6M$4.3M20x
ShortLighter BMNR27.8200.0032get 0.0004% / 1h50m 56s$350K$53K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.144% → −0.080%
−$6.37
Slippage, 4 orders
−$73.2
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$82.85
Costs to cover
0.832%
Break-even
93.3 days
Slippage from OKX: live order book, 2 min ago; Lighter: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago3.59 bp11.0 bp −$11123.1 bp −$1,231doesn't fitdoesn't fit
Sell Lighter live order book, 3 min ago27.33 bp27.3 bp −$27338.1 bp −$3,381doesn't fitdoesn't fit

BMNR on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BMNRUSDT−0.0721%8h27.869+0.032%$2.0M$926K20xas long as short
Aster BMNRUSDT0.0000%8h27.865+0.016%$50K$100K20xas long as short
Extended BMNR-USD0.0000%1h27.852−0.027%$52K$634K10xas long as short
Binance BMNRUSDT0.0000%8h27.8600.000%$22.1M$52.7M25xas long as short
Bybit BMNRUSDT0.0000%8h27.855−0.018%$3.3M$1.9M25xas long as short
OKX BMNR-USDT-SWAPlong0.0000%8h27.860long leg$3.6M$4.3M20x
Gate BMNR_USDT0.0000%8h27.850−0.036%$4.2M$9.5M50xas long as short
Variational Omni BMNR0.0000%8h27.820−0.145%$317K$497Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.801−0.211%$5K$177K10xas long as short
SunX BMNR-USDT0.0000%8h27.813−0.169%$1K$893K10xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.807−0.190%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.8600.000%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0012%1h27.830−0.108%$1.2M$1.3M10xas long as short
Lighter BMNRshort+0.0032%1h27.820−0.144%$350K$53K10x
Vest BMNR-USD-PERP+0.0046%1h27.810−0.179%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.818−0.151%$926K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.850−0.036%$36K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.830−0.108%$680K$808K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.790−0.251%$24K$29K50xas long as short