Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Phemex against Lighter+0.050%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1891.888% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 3 days (all we have)−0.008%−$1 · spread now +0.050%, 7d avg +0.036%
=Together, before fees−0.072%+ Points / potential airdropLighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$1 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 | 27.936 | 0.0032 | pay 0.0004% / 1h | 34m 57s | $351K | $53K | 10x |
| Short | Phemex BMNRUSDT | 27.950 | 0 | get 0.0000% / 8h | 6h 34m | $1.6M | $1.5M | 10x |
Lighter BMNR
Phemex BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: +0.050% → +0.036%
- $1.41
- Slippage, 4 orders
- −$176.82
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$194.13
- Costs to cover
- 1.888%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 25 min ago; Phemex: live order book, 3 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, 25 min ago | 49.54 bp | 49.5 bp −$50 | 373.3 bp −$3,733 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 7.16 bp | 43.1 bp −$43 | 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 | −0.0347% | 8h | 27.965 | +0.104% | $2.0M | $992K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.960 | +0.086% | $50K | $100K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.946 | +0.036% | $52K | $631K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.958 | +0.077% | $22.4M | $53.9M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.952 | +0.057% | $3.3M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.960 | +0.086% | $3.6M | $4.8M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.960 | +0.086% | $4.2M | $9.6M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.951 | +0.053% | $312K | $491K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.980 | +0.158% | $6K | $179K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.948 | +0.043% | $1K | $943K | 10x | as long as short |
Bitget BMNRUSDT
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-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BMNR-USDT | 0.0000% | 8h | 27.902 | −0.122% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDTshort | 0.0000% | 8h | 27.950 | +0.050% | $1.6M | $1.5M | 10x | |
| QFEX BMNR-USD | +0.0002% | 1h | 27.950 | +0.050% | $1.2M | $1.4M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0017% | 8h | 28.000 | +0.229% | $213K | $62K | 20x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 27.936 | long leg | $351K | $53K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.920 | −0.057% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.920 | −0.057% | $36K | $18K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.930 | −0.021% | $683K | $803K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.940 | +0.014% | $24K | $45K | 50x | as long as short |
| tradeXYZ xyz:BMNR | +0.0210% | 1h | 27.930 | −0.021% | $942K | $1.5M | 10x | as long as short |
HTX BMNR-USDT
QFEX BMNR-USD
BloFin BMNR-USDT
Vest BMNR-USD-PERP
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT
tradeXYZ xyz:BMNR