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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Aster−0.097%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$232as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2322.323% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.110%−$11 · spread now −0.097%, 7d avg −0.057%
Together, before fees−0.110%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.040% cheaper against Aster than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BMNRUSDT27.6370get 0.0000% / 8h1h 58m$49K$101K20x
ShortPhemex BMNRUSDT27.6100get 0.0000% / 8h1h 58m$1.6M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$0
Price spread: −0.097% → −0.057%
−$4.05
Slippage, 4 orders
−$212.3
Fee Aster: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$236.35
Costs to cover
2.323%
Break-even
never at this rate
Slippage from Aster: live order book, 25 min ago; Phemex: live order book, 5 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, 25 min ago51.02 bp58.2 bp −$58doesn't fitdoesn't fitdoesn't fit
Sell Phemex live order book, 5 min ago3.62 bp50.6 bp −$51doesn'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 BMNRUSDT−0.0795%8h27.629−0.028%$1.8M$1.3M20xas long as short
Vest BMNR-USD-PERP−0.0005%1h27.560−0.278%$36K25xas long as short
Aster BMNRUSDTlong0.0000%8h27.637long leg$49K$101K20x
Extended BMNR-USD0.0000%1h27.612−0.090%$57K$498K10xas long as short
Binance BMNRUSDT0.0000%8h27.617−0.072%$21.7M$52.9M25xas long as short
Bybit BMNRUSDT0.0000%8h27.635−0.007%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.630−0.025%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.630−0.025%$4.1M$8.6M50xas long as short
Variational Omni BMNR0.0000%8h27.640+0.011%$225K$607Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.670+0.120%$6K$190K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.634−0.010%$1K$864K10xas long as short
HTX BMNR-USDT0.0000%8h27.626−0.039%$6K$40K20xas long as short
Phemex BMNRUSDTshort0.0000%8h27.610−0.097%$1.6M$1.5M10x
BloFin BMNR-USDT+0.0011%8h27.610−0.097%$205K$52K20xas long as short
QFEX BMNR-USD+0.0019%1h27.600−0.133%$1.2M$1.1M10xas long as short
Lighter BMNR+0.0032%1h27.609−0.101%$345K$52K10xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.625−0.043%$908K$1.4M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.640+0.011%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.610−0.097%$675K$734K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.650+0.048%$24K$29K50xas long as short