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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.008%
Price spread now: Vest against Lighter−0.133%46s7-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 3 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 · Vest: Active · farm boardneeds both histories
Funding pays, the price is against you. Vest is 0.133% cheaper against Lighter than usual: you would sell low and buy high (spread −0.133% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 32 days of funding at the current rate ($0 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BMNR27.8270.0032pay 0.0004% / 1h49m 37s$350K$53K10x
ShortVest BMNR-USD-PERP27.7900.0046get 0.0006% / 1h49m 37s$36K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$2.87
Price spread: −0.133% → 0.000%
−$13.3
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Vest: 1 bp × 2 orders
−$2
Net
−$12.42
Costs to cover
0.020%
Break-even
37.3 days
Slippage unknown: Lighter: live order book, 5 min ago; Vest: 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, 5 min ago27.33 bp27.3 bp −$27359.5 bp −$3,595doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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 19 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−0.0731%8h27.834+0.025%$2.0M$928K20xas long as short
Aster BMNRUSDT0.0000%8h27.854+0.098%$50K$100K20xas long as short
Extended BMNR-USD0.0000%1h27.813−0.052%$52K$634K10xas long as short
Binance BMNRUSDT0.0000%8h27.818−0.031%$22.1M$52.7M25xas long as short
Bybit BMNRUSDT0.0000%8h27.807−0.072%$3.3M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.830+0.011%$3.6M$4.3M20xas long as short
Gate BMNR_USDT0.0000%8h27.810−0.061%$4.2M$9.5M50xas long as short
Variational Omni BMNR0.0000%8h27.820−0.027%$317K$497Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.825−0.009%$6K$175K10xas long as short
SunX BMNR-USDT0.0000%8h27.832+0.018%$1K$893K10xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.841+0.050%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.800−0.097%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0012%1h27.810−0.061%$1.2M$1.3M10xas long as short
Lighter BMNRlong+0.0032%1h27.827long leg$350K$53K10x
Vest BMNR-USD-PERPshort+0.0046%1h27.790−0.133%$36K25x
tradeXYZ xyz:BMNR+0.0050%1h27.808−0.068%$926K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.850+0.083%$36K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.810−0.061%$679K$808K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.790−0.133%$24K$29K50xas long as short