Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against Phemex+0.079%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1531.531% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.079%, 7d avg −0.035%
=Together, before fees+0.103%+ Points / potential airdropLighter: Season 3 · farm board+$10 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 0.115% dearer against Phemex than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BMNRUSDT | 27.770 | 0 | get 0.0000% / 8h | 3h 41m | $1.6M | $1.5M | 10x |
| Short | Lighter BMNR | 27.792 | 0.0032 | get 0.0004% / 1h | 41m 24s | $350K | $52K | 10x |
Phemex BMNRUSDT
Lighter BMNRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Phemex. 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: +0.079% → −0.035%
- $11.46
- Slippage, 4 orders
- −$141.06
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$134.88
- Costs to cover
- 1.531%
- Break-even
- 147.5 days
Slippage from Phemex: live order book, 2 min ago; Lighter: 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 Phemex live order book, 2 min ago | 3.60 bp | 56.8 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 28.38 bp | 28.4 bp −$28 | 368.4 bp −$3,684 | 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 | −0.0598% | 8h | 27.792 | +0.079% | $1.9M | $921K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.766 | −0.013% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.759 | −0.040% | $52K | $619K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.775 | +0.019% | $22.0M | $52.2M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.765 | −0.018% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.780 | +0.036% | $3.5M | $4.2M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.780 | +0.036% | $4.2M | $9.0M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.820 | +0.181% | $324K | $504K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.810 | +0.143% | $5K | $185K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.829 | +0.212% | $1K | $871K | 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 | 27.768 | −0.007% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDTlong | 0.0000% | 8h | 27.770 | long leg | $1.6M | $1.5M | 10x | |
| QFEX BMNR-USD | +0.0012% | 1h | 27.760 | −0.036% | $1.2M | $1.1M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0019% | 8h | 27.810 | +0.144% | $209K | $52K | 20x | as long as short |
| Lighter BMNRshort | +0.0032% | 1h | 27.792 | +0.079% | $350K | $52K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.760 | −0.036% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.773 | +0.011% | $916K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.740 | −0.108% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.770 | 0.000% | $678K | $764K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.820 | +0.180% | $24K | $29K | 50x | as long as short |
HTX BMNR-USDT
QFEX BMNR-USD
BloFin BMNR-USDT
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT