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 I am not talking about a built in relay in lume, lume.nu advertises itself as nsecbunker.

But it principle, if relay is accessible to both client and bunker then nip46 would work. 

Oauth flow is focused around nip05 names, those require a domain name, that's trickier  
 Yes, using connection strings are possible, but im talking about oauth provided by local provider. Oauth relays in some way in nip05, but not need to use your nip05, i mean, i can put my nsec in a bunker that have oauth and that will give me an address that i can use to require a valid signature from a provider, for example nym@oauth.provider but the nip05 defined in my kind0 could be different. 
What im thinking its in use some kind of local provider that you can use as nym@localhost to have a successful oauth flow, and the trickier part can be cors, but its not v dramatic  
 Nip05 is just a user friendly way to specify npub and bunker relay, if you find a nice way to provide that in local settings then it could work