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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h −0.006%
Price spread now: Lighter against Ondo Perps−0.168%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.168% cheaper against Ondo Perps than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps BMNR-USD.P28.0300.0050pay 0.0006% / 1h49m 15s$36K$11K5x
ShortLighter BMNR27.9830.0032get 0.0004% / 1h49m 15s$352K$55K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Ondo Perps. 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
−$3.86
Price spread: −0.168% → 0.000%
−$16.77
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$25.63
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 48 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Lighter live order book, 48 min ago26.52 bp26.5 bp −$27262.4 bp −$2,624doesn't fitdoesn't fit
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BMNR on 20 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX BMNR-USD−0.0016%1h28.000−0.107%$1.2M$1.0M10xas long as short
Aster BMNRUSDT0.0000%8h28.011−0.069%$48K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.979−0.183%$40K$374K10xas long as short
Binance BMNRUSDT0.0000%8h27.996−0.122%$21.7M$44.7M25xas long as short
Bybit BMNRUSDT0.0000%8h27.984−0.164%$3.2M$1.7M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.990−0.143%$3.6M$2.8M20xas long as short
Gate BMNR_USDT0.0000%8h28.010−0.071%$4.1M$7.3M50xas long as short
Bitget BMNRUSDT0.0000%8h28.007−0.082%$1.9M$1.2M20xas long as short
Variational Omni BMNR0.0000%8h28.053+0.081%$217K$391Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.061+0.110%$5K$162K10xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h28.043+0.046%$953$596K10xas long as short
HTX BMNR-USDT0.0000%8h28.008−0.078%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.990−0.143%$1.6M$1.4M10xas long as short
BloFin BMNR-USDT+0.0027%8h28.000−0.107%$217K$60K20xas long as short
Lighter BMNRshort+0.0032%1h27.983−0.168%$352K$55K10x
Vest BMNR-USD-PERP+0.0046%1h28.020−0.036%$36K25xas long as short
Ondo Perps BMNR-USD.Plong+0.0050%1h28.030long leg$36K$11K5x
KuCoin BMNRUSDTM+0.0100%8h27.990−0.143%$682K$800K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.040+0.036%$25K$23K50xas long as short
tradeXYZ xyz:BMNR+0.0305%1h28.034+0.014%$1.0M$1.5M10xas long as short