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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0213%/8h= −23.3% APRnext payment $2.13 per $10,000 · paid last 24h −0.041%
Price spread now: Bitget against Aster+0.277%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$2052.052% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.277%, 7d avg −0.019%
Together, before fees−0.176%+ Points / potential airdropAster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.296% dearer against Aster than usual: you sell high and buy low (spread +0.277% now, against its 7-day average of −0.019%): +$30 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.6 days. At the pace of the last 7 days (−0.012% in total) that is about 6 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BMNRUSDT27.5710get 0.0000% / 8h7h 22m$47K$101K20x
ShortBitget BMNRUSDT27.647−0.0213pay 0.0213% / 8h7h 22m$1.9M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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
−$44.73
Price spread: +0.277% → −0.019%
$29.61
Slippage, 4 orders
−$185.17
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$220.28
Costs to cover
2.052%
Break-even
never at this rate
Slippage from Aster: live order book, 50 min ago; Bitget: live order book, 4 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 Aster live order book, 50 min ago54.51 bp64.8 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago3.09 bp48.9 bp −$49doesn't fitdoesn'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 BMNRUSDTshort−0.0213%8h27.647+0.277%$1.9M$1.3M20x
Aster BMNRUSDTlong0.0000%8h27.571long leg$47K$101K20x
Extended BMNR-USD0.0000%1h27.632+0.223%$59K$360K10xas long as short
Binance BMNRUSDT0.0000%8h27.637+0.241%$21.5M$49.8M25xas long as short
Bybit BMNRUSDT0.0000%8h27.644+0.266%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.650+0.288%$3.6M$3.8M20xas long as short
Gate BMNR_USDT0.0000%8h27.630+0.215%$4.1M$8.0M50xas long as short
Variational Omni BMNR0.0000%8h27.420−0.548%$212K$592Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.460−0.400%$5K$178K10xas long as short
SunX BMNR-USDT0.0000%8h27.508−0.227%$968$774K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.546−0.089%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.620+0.179%$1.6M$1.4M10xas long as short
QFEX BMNR-USD+0.0010%1h27.580+0.034%$1.2M$995K10xas long as short
tradeXYZ xyz:BMNR+0.0014%1h27.632+0.223%$763K$1.5M10xas long as short
Vest BMNR-USD-PERP+0.0018%1h27.540−0.111%$36K25xas long as short
BloFin BMNR-USDT+0.0019%8h27.560−0.039%$210K$62K20xas long as short
Lighter BMNR+0.0032%1h27.630+0.215%$345K$53K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.440−0.474%$36K$10K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.590+0.070%$673K$718K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.450−0.438%$24K$23K50xas long as short