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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.009%
Price spread now: Lighter against Variational Omni−0.001%7-day average −0.058% · 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 3 days (all we have)−0.044%−$4 on $10k
Price spread, last 4 days (all we have)−0.346%−$35 · spread now −0.001%, 7d avg −0.058%
Together, before fees−0.390%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$39 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 0.058% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BMNR27.6700get 0.0000% / 8h4h 35m$323K$504K
ShortLighter BMNR27.6700.0032get 0.0004% / 1h35m 52s$348K$53K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Variational Omni. 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: −0.001% → −0.058%
$5.76
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
$12.48
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 23 min ago; Lighter: live order book, 13 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 Variational Omni RFQ quote, 23 min ago4.70 bpdoesn't fit25.9 bp −$259doesn't fitdoesn't fit
Sell Lighter live order book, 13 min ago43.25 bp43.3 bp −$43249.3 bp −$2,493doesn'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−0.0751%8h27.729+0.213%$1.9M$936K20xas long as short
BloFin BMNR-USDT−0.0024%8h27.730+0.216%$210K$52K20xas long as short
Aster BMNRUSDT0.0000%8h27.698+0.101%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.673+0.010%$53K$630K10xas long as short
Binance BMNRUSDT0.0000%8h27.680+0.036%$22.0M$52.8M25xas long as short
Bybit BMNRUSDT0.0000%8h27.667−0.011%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.690+0.072%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.680+0.036%$4.1M$9.2M50xas long as short
Variational Omni BMNRlong0.0000%8h27.670long leg$323K$504K
GRVT BMNR_USDT_Perp0.0000%8h27.728+0.211%$6K$180K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.753+0.299%$1K$888K10xas long as short
HTX BMNR-USDT0.0000%8h27.731+0.220%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.680+0.036%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0018%1h27.690+0.072%$1.2M$1.2M10xas long as short
Lighter BMNRshort+0.0032%1h27.670−0.001%$348K$53K10x
Vest BMNR-USD-PERP+0.0046%1h27.660−0.037%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.677+0.025%$912K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.720+0.180%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.690+0.072%$676K$780K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.680+0.036%$24K$29K50xas long as short