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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0437%/8h= +47.8% APRnext payment +$0.55 per $10,000 · paid last 24h −0.110%
Price spread now: Lighter against tradeXYZ+0.189%7-day average −0.048% · you sell dearer than you buy
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 7 days−0.837%−$84 on $10k
Price spread, last 4 days (all we have)−0.187%−$19 · spread now +0.189%, 7d avg −0.048%
Together, before fees−1.023%+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm board−$102 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Lighter is 0.237% dearer against tradeXYZ than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.048%. Mind the row above: over the last 7 days funding on this pair cost −0.837%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BMNR27.473−0.0405get 0.0051% / 1h30m 45s$811K$1.6M10x
ShortLighter BMNR27.5250.0032get 0.0004% / 1h30m 45s$344K$50K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against tradeXYZ. 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
$91.74
Price spread: +0.189% → −0.048%
$23.71
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Lighter: 0 bp × 2 orders
$0
Net
$97.45
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: tradeXYZ: live order book, 7 min ago; Lighter: live order book, 64 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 tradeXYZ live order book, 7 min ago0.36 bp16.5 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 64 min ago35.33 bp35.3 bp −$35336.8 bp −$3,368doesn't fitdoesn't fit

BMNR on 20 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−0.0530%8h27.534+0.222%$1.8M$1.3M20xas long as short
tradeXYZ xyz:BMNRlong−0.0405%1h27.473long leg$811K$1.6M10x
Aster BMNRUSDT0.0000%8h27.514+0.151%$47K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.503+0.108%$58K$357K10xas long as short
Binance BMNRUSDT0.0000%8h27.510+0.135%$21.6M$51.5M25xas long as short
Bybit BMNRUSDT0.0000%8h27.503+0.109%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.520+0.171%$3.5M$4.1M20xas long as short
Gate BMNR_USDT0.0000%8h27.510+0.135%$4.1M$8.5M50xas long as short
Variational Omni BMNR0.0000%8h27.510+0.134%$213K$607Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.500+0.098%$5K$185K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.516+0.157%$1K$816K10xas long as short
HTX BMNR-USDT0.0000%8h27.504+0.113%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.510+0.135%$1.6M$1.5M10xas long as short
BloFin BMNR-USDT+0.0001%8h27.490+0.062%$207K$54K20xas long as short
Vest BMNR-USD-PERP+0.0007%1h27.470−0.011%$36K25xas long as short
QFEX BMNR-USD+0.0010%1h27.510+0.135%$1.2M$1.0M10xas long as short
Lighter BMNRshort+0.0032%1h27.525+0.189%$344K$50K10x
Ondo Perps BMNR-USD.P+0.0050%1h27.460−0.047%$36K$14K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.490+0.062%$670K$703K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.500+0.098%$24K$29K50xas long as short