Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h +0.039%
Price spread now: Extended against Lighter−0.091%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$680.684% of the position
Funding, last 7 days+0.347%+$35 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.091%, 7d avg +0.018%
=Together, before fees+0.469%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.109% cheaper against Lighter than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.018%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.347%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BMNR | 28.446 | 0.0032 | pay 0.0004% / 1h | 47m 51s | $336K | $24K | 10x |
| Short | Extended BMNR-USD | 28.420 | 0 | get 0.0000% / 1h | 47m 51s | $39K | $487K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Lighter. 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
- −$6.72
- Price spread: −0.091% → +0.018%
- −$10.86
- Slippage, 4 orders
- −$63.45
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$86.03
- Costs to cover
- 0.684%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 17 min ago; Extended: live order book, 25 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 Lighter live order book, 17 min ago | 21.93 bp | 21.9 bp −$22 | 288.6 bp −$2,886 | doesn't fit | doesn't fit |
| Sell Extended live order book, 25 min ago | 4.04 bp | 12.8 bp −$13 | 82.6 bp −$826 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BMNR-USD | −0.0001% | 1h | 28.420 | −0.091% | $1.2M | $1.8M | 10x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 28.448 | +0.008% | $54K | $98K | 20x | as long as short |
| Extended BMNR-USDshort | 0.0000% | 1h | 28.420 | −0.091% | $39K | $487K | 10x | |
| Binance BMNRUSDT | 0.0000% | 8h | 28.430 | −0.056% | $22.5M | $55.0M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.444 | −0.007% | $3.4M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.450 | +0.014% | $3.6M | $6.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.440 | −0.021% | $4.1M | $9.7M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.453 | +0.025% | $2.0M | $1.1M | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.411 | −0.124% | $317K | $493K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.447 | +0.002% | $6K | $186K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BMNR-USDT | 0.0000% | 8h | 28.442 | −0.014% | $927 | $993K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 28.441 | −0.018% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.420 | −0.091% | $1.6M | $1.5M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0009% | 8h | 28.410 | −0.127% | $212K | $58K | 20x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 28.446 | long leg | $336K | $24K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.450 | +0.014% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.400 | −0.162% | $37K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.430 | −0.056% | $704K | $769K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.430 | −0.056% | $25K | $57K | 50x | as long as short |
| tradeXYZ xyz:BMNR | +0.0129% | 1h | 28.451 | +0.018% | $967K | $1.5M | 10x | as long as short |
Lighter BMNR
Extended BMNR-USD
Aster BMNRUSDT
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
BloFin BMNR-USDT
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT
tradeXYZ xyz:BMNR