Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h +0.005%
Price spread now: Lighter against QFEX+0.164%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$950.952% of the position
Funding, last 4 days (all we have)+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)−0.206%−$21 · spread now +0.164%, 7d avg −0.045%
=Together, before fees−0.188%+ Points / potential airdropLighter: Season 3 · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.208% dearer against QFEX than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BMNR-USD | 27.490 | 0.0010 | pay 0.0001% / 1h | 33m 13s | $1.2M | $1.0M | 10x |
| Short | Lighter BMNR | 27.535 | 0.0032 | get 0.0004% / 1h | 33m 13s | $344K | $50K | 10x |
QFEX BMNR-USD
Lighter BMNRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against QFEX. 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
- $4.7
- Price spread: +0.164% → −0.045%
- $20.82
- Slippage, 4 orders
- −$85.18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$69.65
- Costs to cover
- 0.952%
- Break-even
- 110.6 days
Slippage from QFEX: live order book, 3 min ago; Lighter: live order book, 61 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 QFEX live order book, 3 min ago | 3.64 bp | 12.3 bp −$12 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 61 min ago | 35.33 bp | 35.3 bp −$35 | 336.8 bp −$3,368 | 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 | −0.0538% | 8h | 27.532 | +0.153% | $1.8M | $1.3M | 20x | as long as short |
| tradeXYZ xyz:BMNR | −0.0400% | 1h | 27.458 | −0.116% | $810K | $1.6M | 10x | as long as short |
| BloFin BMNR-USDT | −0.0010% | 8h | 27.490 | 0.000% | $207K | $54K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.511 | +0.075% | $47K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.491 | +0.003% | $58K | $357K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.492 | +0.007% | $21.6M | $51.6M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.503 | +0.047% | $3.2M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.510 | +0.073% | $3.5M | $4.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.510 | +0.073% | $4.1M | $8.5M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.500 | +0.035% | $213K | $607K | — | as long as short |
Bitget BMNRUSDT
tradeXYZ xyz:BMNR
BloFin BMNR-USDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNRShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.500 | +0.036% | $5K | $185K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.516 | +0.095% | $1K | $817K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.536 | +0.167% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.490 | 0.000% | $1.6M | $1.5M | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0007% | 1h | 27.470 | −0.073% | — | $36K | 25x | as long as short |
| QFEX BMNR-USDlong | +0.0010% | 1h | 27.490 | long leg | $1.2M | $1.0M | 10x | |
| Lighter BMNRshort | +0.0032% | 1h | 27.535 | +0.164% | $344K | $50K | 10x | |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.520 | +0.109% | $36K | $14K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.490 | 0.000% | $670K | $703K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.480 | −0.036% | $24K | $29K | 50x | as long as short |
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
Vest BMNR-USD-PERP
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT