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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%
Price spread now: Lighter against KuCoin+0.083%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$617as in the Funding arb table
Net, price: spread back to 7d avg − costs−$599as in the Price arb table
costs, in and out, $10k−$6086.079% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.095%−$9 on $10k
Price spread, last 4 days (all we have)−0.160%−$16 · spread now +0.083%, 7d avg −0.002%
Together, before fees−0.255%+ Points / potential airdropLighter: Season 3 · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.085% dearer against KuCoin than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of −0.002%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BMNRUSDTM27.7700.0100pay 0.0100% / 8h3h 39m$678K$764K20x
ShortLighter BMNR27.7930.0032get 0.0004% / 1h39m 00s$350K$52K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against KuCoin. 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
−$14.28
Price spread: +0.083% → −0.002%
$8.5
Slippage, 4 orders
−$595.86
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$613.64
Costs to cover
6.079%
Break-even
never at this rate
Slippage from KuCoin: live order book, 50 min ago; Lighter: live order book, 5 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 KuCoin live order book, 50 min ago19.80 bp204.4 bp −$204doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago28.38 bp28.4 bp −$28368.4 bp −$3,684doesn'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−0.0592%8h27.792+0.079%$1.9M$921K20xas long as short
Aster BMNRUSDT0.0000%8h27.766−0.014%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.762−0.028%$52K$619K10xas long as short
Binance BMNRUSDT0.0000%8h27.7700.000%$22.0M$52.2M25xas long as short
Bybit BMNRUSDT0.0000%8h27.766−0.014%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.790+0.072%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.780+0.036%$4.2M$9.0M50xas long as short
Variational Omni BMNR0.0000%8h27.780+0.037%$324K$504Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.782+0.042%$6K$185K10xas long as short
SunX BMNR-USDT0.0000%8h27.829+0.212%$1K$871K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.766−0.014%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.7700.000%$1.6M$1.5M10xas long as short
BloFin BMNR-USDT+0.0005%8h27.780+0.036%$208K$52K20xas long as short
QFEX BMNR-USD+0.0012%1h27.7700.000%$1.2M$1.1M10xas long as short
Lighter BMNRshort+0.0032%1h27.793+0.083%$350K$52K10x
Vest BMNR-USD-PERP+0.0046%1h27.750−0.072%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.762−0.029%$915K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.740−0.108%$36K$15K5xas long as short
KuCoin BMNRUSDTMlong+0.0100%8h27.770long leg$678K$764K20x
ApeX Omni BMNRUSDT+0.0100%1h27.820+0.180%$24K$29K50xas long as short