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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: Ondo Perps against Lighter−0.167%55s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.167% cheaper against Lighter than usual: you would sell low and buy high (spread −0.167% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 30 days of funding at the current rate (+$1 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BMNR28.0670.0032pay 0.0004% / 1h43m 48s$353K$58K10x
ShortOndo Perps BMNR-USD.P28.0200.0050get 0.0006% / 1h43m 48s$36K$10K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$3.86
Price spread: −0.167% → 0.000%
−$16.75
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$17.88
Costs to cover
0.050%
Break-even
39.4 days
Slippage unknown: Lighter: live order book, 62 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 62 min ago33.43 bp39.5 bp −$39286.4 bp −$2,864doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BMNR on 20 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BMNRUSDT0.0000%8h28.056−0.040%$48K$101K20xas long as short
Extended BMNR-USD0.0000%1h28.069+0.006%$39K$373K10xas long as short
Binance BMNRUSDT0.0000%8h28.080+0.046%$21.9M$44.9M25xas long as short
Bybit BMNRUSDT0.0000%8h28.077+0.036%$3.2M$1.7M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.120+0.189%$3.6M$2.9M20xas long as short
Gate BMNR_USDT0.0000%8h28.080+0.046%$4.1M$7.5M50xas long as short
Bitget BMNRUSDT0.0000%8h28.099+0.114%$1.9M$1.2M20xas long as short
Variational Omni BMNR0.0000%8h28.068+0.003%$217K$464Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.080+0.046%$6K$163K10xas long as short
SunX BMNR-USDT0.0000%8h28.073+0.021%$1K$621K10xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h28.081+0.050%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.080+0.046%$1.6M$1.4M10xas long as short
BloFin BMNR-USDT+0.0014%8h28.070+0.011%$216K$60K20xas long as short
Lighter BMNRlong+0.0032%1h28.067long leg$353K$58K10x
Vest BMNR-USD-PERP+0.0046%1h28.070+0.011%$36K25xas long as short
QFEX BMNR-USD+0.0049%1h28.050−0.061%$1.2M$951K10xas long as short
Ondo Perps BMNR-USD.Pshort+0.0050%1h28.020−0.167%$36K$10K5x
KuCoin BMNRUSDTM+0.0100%8h28.070+0.011%$684K$758K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.060−0.025%$25K$23K50xas long as short
tradeXYZ xyz:BMNR+0.0247%1h28.100+0.118%$1.0M$1.5M10xas long as short