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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.009%
Price spread now: Variational Omni against Lighter−0.122%7-day average +0.057% · 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 4 days (all we have)+0.043%+$4 on $10k
Price spread, last 4 days (all we have)+0.399%+$40 · spread now −0.122%, 7d avg +0.057%
Together, before fees+0.442%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$44 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.179% cheaper against Lighter than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.057%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BMNR27.7140.0032pay 0.0004% / 1h15m 47s$349K$52K10x
ShortVariational Omni BMNR27.6800get 0.0000% / 8h3h 15m$323K$504K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.122% → +0.057%
−$17.92
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$24.64
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 29 min ago; Variational Omni: RFQ quote, 38 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, 29 min ago28.38 bp28.4 bp −$28338.9 bp −$3,389doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 38 min ago4.70 bpdoesn't fit29.8 bp −$298doesn'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−0.0637%8h27.717+0.011%$1.9M$921K20xas long as short
BloFin BMNR-USDT−0.0021%8h27.680−0.123%$209K$52K20xas long as short
Aster BMNRUSDT0.0000%8h27.698−0.058%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.677−0.134%$57K$622K10xas long as short
Binance BMNRUSDT0.0000%8h27.694−0.071%$21.9M$52.3M25xas long as short
Bybit BMNRUSDT0.0000%8h27.690−0.087%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.720+0.022%$3.5M$4.1M20xas long as short
Gate BMNR_USDT0.0000%8h27.700−0.051%$4.1M$9.1M50xas long as short
Variational Omni BMNRshort0.0000%8h27.680−0.122%$323K$504K
GRVT BMNR_USDT_Perp0.0000%8h27.676−0.139%$5K$188K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.641−0.263%$1K$866K10xas long as short
HTX BMNR-USDT0.0000%8h27.657−0.206%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.670−0.159%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0012%1h27.670−0.159%$1.2M$1.1M10xas long as short
Lighter BMNRlong+0.0032%1h27.714long leg$349K$52K10x
Vest BMNR-USD-PERP+0.0046%1h27.640−0.267%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.699−0.054%$912K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.620−0.339%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.670−0.159%$676K$756K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.650−0.231%$24K$29K50xas long as short