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 −0.039%
Price spread now: Lighter against OKX−0.050%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1301.299% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.243%−$24 on $10k
Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.050%, 7d avg −0.080%
Together, before fees−0.254%+ Points / potential airdropLighter: Season 3 · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.030% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.080%. Mind the row above: over the last 7 days funding on this pair cost −0.243%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BMNR-USDT-SWAP27.9600get 0.0000% / 8h6h 34m$3.6M$4.8M20x
ShortLighter BMNR27.9460.0032get 0.0004% / 1h34m 42s$351K$53K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against OKX. 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: −0.050% → −0.080%
$2.98
Slippage, 4 orders
−$119.91
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$120.21
Costs to cover
1.299%
Break-even
132.2 days
Slippage from OKX: live order book, 3 min ago; Lighter: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago1.79 bp8.4 bp −$8114.0 bp −$1,140doesn't fitdoesn't fit
Sell Lighter live order book, 25 min ago49.54 bp49.5 bp −$50262.2 bp −$2,622doesn'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−0.0365%8h27.970+0.036%$2.0M$991K20xas long as short
Aster BMNRUSDT0.0000%8h27.9600.000%$50K$100K20xas long as short
Extended BMNR-USD0.0000%1h27.959−0.005%$52K$631K10xas long as short
Binance BMNRUSDT0.0000%8h27.967+0.024%$22.4M$53.9M25xas long as short
Bybit BMNRUSDT0.0000%8h27.959−0.004%$3.3M$1.9M25xas long as short
OKX BMNR-USDT-SWAPlong0.0000%8h27.960long leg$3.6M$4.8M20x
Gate BMNR_USDT0.0000%8h27.970+0.036%$4.2M$9.6M50xas long as short
Variational Omni BMNR0.0000%8h27.951−0.033%$312K$491Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.980+0.072%$6K$179K10xas long as short
SunX BMNR-USDT0.0000%8h27.948−0.043%$1K$943K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.902−0.207%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.950−0.036%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0002%1h27.950−0.036%$1.2M$1.4M10xas long as short
BloFin BMNR-USDT+0.0017%8h28.000+0.143%$213K$62K20xas long as short
Lighter BMNRshort+0.0032%1h27.946−0.050%$351K$53K10x
Vest BMNR-USD-PERP+0.0046%1h27.920−0.143%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.920−0.143%$36K$18K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.920−0.143%$683K$803K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.940−0.072%$24K$45K50xas long as short
tradeXYZ xyz:BMNR+0.0205%1h27.940−0.072%$942K$1.5M10xas long as short