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 +0.010%
Price spread now: Lighter against Aster+0.104%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1841.838% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.104% dearer against Aster than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BMNRUSDT27.8230get 0.0000% / 8h5h 26m$49K$101K20x
ShortLighter BMNR27.8520.0032get 0.0004% / 1h26m 21s$350K$53K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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: +0.104% → 0.000%
$10.44
Slippage, 4 orders
−$175.85
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$166.69
Costs to cover
1.838%
Break-even
180.6 days
Slippage from Aster: live order book, 12 min ago; Lighter: live order book, 28 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 Aster live order book, 12 min ago50.29 bp60.5 bp −$60doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 28 min ago27.33 bp27.3 bp −$27338.1 bp −$3,381doesn'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−0.0756%8h27.864+0.148%$1.9M$936K20xas long as short
BloFin BMNR-USDT−0.0005%8h27.830+0.025%$209K$61K20xas long as short
Aster BMNRUSDTlong0.0000%8h27.823long leg$49K$101K20x
Extended BMNR-USD0.0000%1h27.843+0.070%$53K$632K10xas long as short
Binance BMNRUSDT0.0000%8h27.850+0.097%$22.1M$52.8M25xas long as short
Bybit BMNRUSDT0.0000%8h27.839+0.058%$3.3M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.860+0.133%$3.6M$4.3M20xas long as short
Gate BMNR_USDT0.0000%8h27.840+0.061%$4.2M$9.6M50xas long as short
Variational Omni BMNR0.0000%8h27.899+0.274%$318K$497Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.870+0.169%$5K$176K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.840+0.061%$1K$889K10xas long as short
HTX BMNR-USDT0.0000%8h27.852+0.104%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.830+0.025%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0012%1h27.850+0.097%$1.2M$1.2M10xas long as short
Lighter BMNRshort+0.0032%1h27.852+0.104%$350K$53K10x
Vest BMNR-USD-PERP+0.0046%1h27.830+0.025%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.854+0.112%$927K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.880+0.205%$36K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.820−0.011%$679K$801K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.890+0.241%$24K$29K50xas long as short