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 −0.010%
Price spread now: Bybit against Binance−0.023%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$570.572% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.262%−$26 on $10k
Price spread, last 7 days+0.047%+$5 · spread now −0.023%, 7d avg −0.006%
Together, before fees−0.215%−$21 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BMNRUSDT27.7220get 0.0000% / 8h4h 42m$22.0M$52.8M25x
ShortBybit BMNRUSDT27.7160get 0.0000% / 8h4h 42m$3.2M$2.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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: −0.023% → −0.006%
−$1.65
Slippage, 4 orders
−$36.18
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$58.83
Costs to cover
0.572%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; Bybit: 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 Binance live order book, 14 min ago1.80 bp9.0 bp −$922.8 bp −$228144.3 bp −$14.4Kdoesn't fit
Sell Bybit live order book, 5 min ago3.07 bp16.6 bp −$17114.7 bp −$1,147doesn'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−0.0704%8h27.764+0.150%$1.9M$936K20xas long as short
BloFin BMNR-USDT−0.0025%8h27.730+0.028%$210K$52K20xas long as short
Aster BMNRUSDT0.0000%8h27.719−0.013%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.715−0.025%$53K$630K10xas long as short
Binance BMNRUSDTlong0.0000%8h27.722long leg$22.0M$52.8M25x
Bybit BMNRUSDTshort0.0000%8h27.716−0.023%$3.2M$2.0M25x
OKX BMNR-USDT-SWAP0.0000%8h27.730+0.028%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.740+0.064%$4.2M$9.2M50xas long as short
Variational Omni BMNR0.0000%8h27.735+0.045%$323K$504Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.757+0.125%$6K$180K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.739+0.060%$1K$889K10xas long as short
HTX BMNR-USDT0.0000%8h27.754+0.114%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.720−0.008%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0018%1h27.760+0.136%$1.2M$1.2M10xas long as short
Lighter BMNR+0.0032%1h27.726+0.013%$349K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.720−0.008%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.725+0.010%$915K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.710−0.044%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.720−0.008%$678K$784K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.730+0.028%$24K$29K50xas long as short