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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.005%
Price spread now: QFEX against Aster+0.051%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1561.559% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.014%+$1 on $10k
Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.051%, 7d avg −0.044%
Together, before fees−0.097%+ Points / potential airdropAster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and QFEX is 0.095% dearer against Aster than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BMNRUSDT27.5160get 0.0000% / 8h38m 11s$47K$101K20x
ShortQFEX BMNR-USD27.5300.0010get 0.0001% / 1h38m 11s$1.2M$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$2.02
Price spread: +0.051% → −0.044%
$9.46
Slippage, 4 orders
−$137.9
Fee Aster: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$144.43
Costs to cover
1.559%
Break-even
508.5 days
Slippage from Aster: live order book, 40 min ago; QFEX: live order book, 3 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, 40 min ago54.43 bp64.7 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago3.63 bp12.2 bp −$1216.9 bp −$169doesn'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−0.0560%8h27.555+0.142%$1.8M$1.3M20xas long as short
tradeXYZ xyz:BMNR−0.0401%1h27.499−0.062%$811K$1.6M10xas long as short
Aster BMNRUSDTlong0.0000%8h27.516long leg$47K$101K20x
Extended BMNR-USD0.0000%1h27.519+0.010%$58K$357K10xas long as short
Binance BMNRUSDT0.0000%8h27.522+0.023%$21.6M$51.6M25xas long as short
Bybit BMNRUSDT0.0000%8h27.522+0.022%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.540+0.087%$3.5M$4.1M20xas long as short
Gate BMNR_USDT0.0000%8h27.540+0.087%$4.1M$8.5M50xas long as short
Variational Omni BMNR0.0000%8h27.580+0.231%$213K$607Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.589+0.264%$5K$185K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.550+0.123%$1K$818K10xas long as short
HTX BMNR-USDT0.0000%8h27.557+0.149%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.530+0.051%$1.6M$1.5M10xas long as short
Vest BMNR-USD-PERP+0.0004%1h27.510−0.022%$36K25xas long as short
QFEX BMNR-USDshort+0.0010%1h27.530+0.051%$1.2M$1.0M10x
BloFin BMNR-USDT+0.0014%8h27.620+0.378%$207K$54K20xas long as short
Lighter BMNR+0.0032%1h27.542+0.094%$344K$50K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.610+0.341%$36K$14K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.520+0.014%$670K$707K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.580+0.232%$24K$29K50xas long as short