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

BMNR

RWAall BMNR markets
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Alert: funding
Alert: spread
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
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)+0.184%+$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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BMNR27.8290.0032pay 0.0004% / 1h25m 48s$350K$53K10x
ShortKuCoin BMNRUSDTM27.8300.0100get 0.0100% / 8h5h 25m$680K$801K20x

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 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: +0.004% → +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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 29 min ago27.33 bp27.3 bp −$27359.5 bp −$3,595doesn't fitdoesn't fit
Sell KuCoin live order book, 8 min ago23.35 bp374.3 bp −$374doesn't fitdoesn'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−0.0756%8h27.867+0.137%$1.9M$936K20xas long as short
BloFin BMNR-USDT−0.0005%8h27.830+0.004%$209K$61K20xas long as short
Aster BMNRUSDT0.0000%8h27.821−0.028%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.853+0.085%$53K$632K10xas long as short
Binance BMNRUSDT0.0000%8h27.858+0.103%$22.1M$52.8M25xas long as short
Bybit BMNRUSDT0.0000%8h27.837+0.029%$3.3M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.860+0.111%$3.6M$4.3M20xas long as short
Gate BMNR_USDT0.0000%8h27.850+0.075%$4.2M$9.6M50xas long as short
Variational Omni BMNR0.0000%8h27.849+0.073%$317K$497Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.870+0.147%$5K$176K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.840+0.040%$1K$889K10xas long as short
HTX BMNR-USDT0.0000%8h27.848+0.068%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.850+0.075%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0012%1h27.850+0.075%$1.2M$1.2M10xas long as short
Lighter BMNRlong+0.0032%1h27.829long leg$350K$53K10x
Vest BMNR-USD-PERP+0.0046%1h27.830+0.004%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.855+0.093%$927K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.880+0.183%$36K$16K5xas long as short
KuCoin BMNRUSDTMshort+0.0100%8h27.830+0.004%$680K$801K20x
ApeX Omni BMNRUSDT+0.0100%1h27.890+0.219%$24K$29K50xas long as short