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: SunX against Lighter+0.340%7-day average +0.023% · you sell dearer than you buy
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 7 days−0.063%−$6 on $10k
Price spread, last 3 days (all we have)−0.326%−$33 · spread now +0.340%, 7d avg +0.023%
Together, before fees−0.389%+ Points / potential airdropLighter: Season 3 · farm board−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.317% dearer against Lighter than usual: you sell high and buy low (spread +0.340% now, against its 7-day average of +0.023%): +$32 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 33 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BMNR27.9510.0032pay 0.0004% / 1h56m 33s$352K$53K10x
ShortSunX BMNR-USDT28.0460get 0.0000% / 8h6h 56m$1K$946K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.340% → +0.023%
$31.67
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
$16.95
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Lighter: live order book, 3 min ago; SunX: live order book, 56 min ago. 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, 3 min ago49.54 bp49.5 bp −$50373.3 bp −$3,733doesn't fitdoesn't fit
Sell SunX live order book, 56 min ago500.04 bpdoesn't fitdoesn'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
Aster BMNRUSDT0.0000%8h28.021+0.250%$53K$98K20xas long as short
Extended BMNR-USD0.0000%1h27.959+0.029%$38K$597K10xas long as short
Binance BMNRUSDT0.0000%8h27.971+0.070%$22.0M$52.9M25xas long as short
Bybit BMNRUSDT0.0000%8h27.974+0.082%$3.3M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.950−0.004%$3.6M$4.7M20xas long as short
Gate BMNR_USDT0.0000%8h27.970+0.068%$4.2M$9.4M50xas long as short
Bitget BMNRUSDT0.0000%8h28.000+0.175%$2.0M$990K20xas long as short
Variational Omni BMNR0.0000%8h28.145+0.694%$314K$492Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.075+0.442%$5K$177K10xas long as short
SunX BMNR-USDTshort0.0000%8h28.046+0.340%$1K$946K10x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h28.110+0.569%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.020+0.247%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0002%1h27.920−0.111%$1.2M$1.5M10xas long as short
BloFin BMNR-USDT+0.0004%8h28.030+0.283%$212K$62K20xas long as short
Lighter BMNRlong+0.0032%1h27.951long leg$352K$53K10x
Vest BMNR-USD-PERP+0.0046%1h28.050+0.354%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.060+0.390%$36K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.990+0.140%$690K$771K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.080+0.462%$25K$45K50xas long as short
tradeXYZ xyz:BMNR+0.0109%1h27.955+0.014%$944K$1.5M10xas long as short