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: Phemex against Binance+0.034%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1201.196% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.398%−$40 on $10k
Price spread, last 4 days (all we have)−0.035%−$3 · spread now +0.034%, 7d avg +0.015%
Together, before fees−0.432%−$43 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BMNRUSDT27.5110get 0.0000% / 8h17m 56s$21.6M$51.1M25x
ShortPhemex BMNRUSDT27.5200get 0.0000% / 8h17m 56s$1.6M$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: +0.034% → +0.015%
$1.88
Slippage, 4 orders
−$97.63
Fee Binance: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$117.75
Costs to cover
1.196%
Break-even
never at this rate
Slippage from Binance: live order book, 9 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 Binance live order book, 9 min ago1.82 bp8.6 bp −$923.9 bp −$239146.1 bp −$14.6Kdoesn't fit
Sell Phemex live order book, 5 min ago10.93 bp43.7 bp −$44doesn'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−0.0501%8h27.533+0.081%$1.9M$1.3M20xas long as short
tradeXYZ xyz:BMNR−0.0415%1h27.476−0.126%$771K$1.6M10xas long as short
BloFin BMNR-USDT−0.0002%8h27.540+0.107%$208K$51K20xas long as short
Aster BMNRUSDT0.0000%8h27.511+0.003%$47K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.504−0.023%$57K$360K10xas long as short
Binance BMNRUSDTlong0.0000%8h27.511long leg$21.6M$51.1M25x
Bybit BMNRUSDT0.0000%8h27.515+0.016%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.520+0.034%$3.5M$3.8M20xas long as short
Gate BMNR_USDT0.0000%8h27.510−0.002%$4.1M$8.5M50xas long as short
Variational Omni BMNR0.0000%8h27.450−0.220%$213K$607Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BMNR_USDT_Perp0.0000%8h27.470−0.148%$6K$186K10xas long as short
SunX BMNR-USDT0.0000%8h27.515+0.016%$1K$810K10xas long as short
HTX BMNR-USDT0.0000%8h27.529+0.067%$6K$40K20xas long as short
Phemex BMNRUSDTshort0.0000%8h27.520+0.034%$1.6M$1.4M10x
Vest BMNR-USD-PERP+0.0006%1h27.480−0.111%$36K25xas long as short
QFEX BMNR-USD+0.0010%1h27.510−0.002%$1.2M$1.0M10xas long as short
Lighter BMNR+0.0032%1h27.492−0.068%$343K$51K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.500−0.039%$36K$14K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.470−0.148%$670K$700K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.450−0.220%$24K$29K50xas long as short