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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BMNR27.9180.0032pay 0.0004% / 1h39m 36s$351K$53K10x
ShortGate BMNR_USDT27.9500get 0.0000% / 8h6h 39m$4.2M$9.5M50x

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 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: +0.115% → +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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 20 min ago49.54 bp49.5 bp −$50373.3 bp −$3,733doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago1.78 bp26.4 bp −$26132.2 bp −$1,322doesn'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−0.0275%8h27.998+0.287%$2.0M$991K20xas long as short
Aster BMNRUSDT0.0000%8h27.955+0.131%$50K$100K20xas long as short
Extended BMNR-USD0.0000%1h27.933+0.055%$38K$620K10xas long as short
Binance BMNRUSDT0.0000%8h27.940+0.079%$21.9M$53.9M25xas long as short
Bybit BMNRUSDT0.0000%8h27.943+0.090%$3.3M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.980+0.222%$3.6M$4.8M20xas long as short
Gate BMNR_USDTshort0.0000%8h27.950+0.115%$4.2M$9.5M50x
Variational Omni BMNR0.0000%8h27.991+0.260%$312K$492Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.000+0.293%$6K$179K10xas long as short
SunX BMNR-USDT0.0000%8h27.938+0.072%$1K$945K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.949+0.111%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.950+0.115%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0002%1h27.940+0.079%$1.2M$1.4M10xas long as short
BloFin BMNR-USDT+0.0017%8h28.000+0.294%$213K$62K20xas long as short
Lighter BMNRlong+0.0032%1h27.918long leg$351K$53K10x
Vest BMNR-USD-PERP+0.0046%1h27.940+0.079%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.010+0.330%$36K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.920+0.007%$683K$802K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.980+0.222%$25K$45K50xas long as short
tradeXYZ xyz:BMNR+0.0167%1h27.930+0.043%$942K$1.5M10xas long as short