Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Gate against Lighter+0.115%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1381.376% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.115%, 7d avg +0.035%
=Together, before fees−0.097%+ Points / potential airdropLighter: Season 3 · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.079% dearer against Lighter than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of +0.035%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BMNR | 27.918 | 0.0032 | pay 0.0004% / 1h | 39m 36s | $351K | $53K | 10x |
| Short | Gate BMNR_USDT | 27.950 | 0 | get 0.0000% / 8h | 6h 39m | $4.2M | $9.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.115% → +0.035%
- $7.94
- Slippage, 4 orders
- −$122.58
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$136.36
- Costs to cover
- 1.376%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 20 min ago; Gate: live order book, 4 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, 20 min ago | 49.54 bp | 49.5 bp −$50 | 373.3 bp −$3,733 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 1.78 bp | 26.4 bp −$26 | 132.2 bp −$1,322 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BMNRUSDT | −0.0275% | 8h | 27.998 | +0.287% | $2.0M | $991K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.955 | +0.131% | $50K | $100K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.933 | +0.055% | $38K | $620K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.940 | +0.079% | $21.9M | $53.9M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.943 | +0.090% | $3.3M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.980 | +0.222% | $3.6M | $4.8M | 20x | as long as short |
| Gate BMNR_USDTshort | 0.0000% | 8h | 27.950 | +0.115% | $4.2M | $9.5M | 50x | |
| Variational Omni BMNR | 0.0000% | 8h | 27.991 | +0.260% | $312K | $492K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.000 | +0.293% | $6K | $179K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.938 | +0.072% | $1K | $945K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BMNR-USDT | 0.0000% | 8h | 27.949 | +0.111% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.950 | +0.115% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0002% | 1h | 27.940 | +0.079% | $1.2M | $1.4M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0017% | 8h | 28.000 | +0.294% | $213K | $62K | 20x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 27.918 | long leg | $351K | $53K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.940 | +0.079% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.010 | +0.330% | $36K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.920 | +0.007% | $683K | $802K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.980 | +0.222% | $25K | $45K | 50x | as long as short |
| tradeXYZ xyz:BMNR | +0.0167% | 1h | 27.930 | +0.043% | $942K | $1.5M | 10x | as long as short |
Lighter BMNR
Gate BMNR_USDT
Bitget BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
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