Funding you earn now, next payment 03:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: KuCoin against Lighter+0.004%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$786as in the Funding arb table
Net, price: spread back to 7d avg − costs−$795as in the Price arb table
costs, in and out, $10k−$7957.953% of the position
Funding, last 7 days+0.095%+$9 on $10k
+Price spread, last 4 days (all we have)+0.184%+$18 · spread now +0.004%, 7d avg +0.004%
=Together, before fees+0.278%+ Points / potential airdropLighter: Season 3 · farm board+$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BMNR | 27.829 | 0.0032 | pay 0.0004% / 1h | 25m 48s | $350K | $53K | 10x |
| Short | KuCoin BMNRUSDTM | 27.830 | 0.0100 | get 0.0100% / 8h | 5h 25m | $680K | $801K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $14.28
- Price spread: +0.004% → +0.004%
- −$0.03
- Slippage, 4 orders
- −$783.31
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$781.06
- Costs to cover
- 7.953%
- Break-even
- 389.9 days
Slippage from Lighter: live order book, 29 min ago; KuCoin: live order book, 8 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, 29 min ago | 27.33 bp | 27.3 bp −$27 | 359.5 bp −$3,595 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 23.35 bp | 374.3 bp −$374 | doesn't fit | 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 | −0.0756% | 8h | 27.867 | +0.137% | $1.9M | $936K | 20x | as long as short |
| BloFin BMNR-USDT | −0.0005% | 8h | 27.830 | +0.004% | $209K | $61K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.821 | −0.028% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.853 | +0.085% | $53K | $632K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.858 | +0.103% | $22.1M | $52.8M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.837 | +0.029% | $3.3M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.860 | +0.111% | $3.6M | $4.3M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.850 | +0.075% | $4.2M | $9.6M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.849 | +0.073% | $317K | $497K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.870 | +0.147% | $5K | $176K | 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 | 27.840 | +0.040% | $1K | $889K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.848 | +0.068% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.850 | +0.075% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0012% | 1h | 27.850 | +0.075% | $1.2M | $1.2M | 10x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 27.829 | long leg | $350K | $53K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.830 | +0.004% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.855 | +0.093% | $927K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.880 | +0.183% | $36K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTMshort | +0.0100% | 8h | 27.830 | +0.004% | $680K | $801K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.890 | +0.219% | $24K | $29K | 50x | as long as short |
Lighter BMNR
KuCoin BMNRUSDTM
Bitget BMNRUSDT
BloFin BMNR-USDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
tradeXYZ xyz:BMNR
ApeX Omni BMNRUSDT