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+0.0647%/8h= +70.8% APRnext payment +$6.47 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against Bitget+0.024%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1491.490% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.401%+$40 on $10k
Price spread, last 7 days−0.048%−$5 · spread now +0.024%, 7d avg −0.013%
Together, before fees+0.353%+$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Binance is 0.037% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.013%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.401% in total (about 20.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.47 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
LongBitget BMNRUSDT27.839−0.0647get 0.0647% / 8h3h 55m$1.9M$930K20x
ShortBinance BMNRUSDT27.8460get 0.0000% / 8h3h 55m$22.0M$52.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
$135.87
Price spread: +0.024% → −0.013%
$3.72
Slippage, 4 orders
−$127.02
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$9.43
Costs to cover
1.490%
Break-even
7.5 days
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 2 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 Bitget live order book, 2 min ago2.33 bp70.8 bp −$71doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 2 min ago1.80 bp10.4 bp −$1026.0 bp −$260100.8 bp −$10.1Kdoesn'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 BMNRUSDTlong−0.0647%8h27.839long leg$1.9M$930K20x
Aster BMNRUSDT0.0000%8h27.816−0.084%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.832−0.024%$52K$623K10xas long as short
Binance BMNRUSDTshort0.0000%8h27.846+0.024%$22.0M$52.7M25x
Bybit BMNRUSDT0.0000%8h27.833−0.022%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.840+0.004%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.830−0.032%$4.2M$9.0M50xas long as short
Variational Omni BMNR0.0000%8h27.820−0.068%$324K$504Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.820−0.068%$5K$184K10xas long as short
SunX BMNR-USDT0.0000%8h27.833−0.022%$1K$884K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.820−0.068%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.830−0.032%$1.6M$1.5M10xas long as short
BloFin BMNR-USDT+0.0004%8h27.820−0.068%$209K$53K20xas long as short
QFEX BMNR-USD+0.0012%1h27.820−0.068%$1.2M$1.1M10xas long as short
Lighter BMNR+0.0032%1h27.851+0.043%$350K$52K10xas long as short
Vest BMNR-USD-PERP+0.0043%1h27.790−0.176%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.842+0.011%$918K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.840+0.004%$36K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.820−0.068%$680K$765K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.810−0.104%$24K$29K50xas long as short