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+0.0795%/8h= +87.1% APRnext payment +$7.95 per $10,000 · paid last 24h +0.049%
Price spread now: OKX against Bitget+0.004%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1051.050% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.309%+$31 on $10k
Price spread, last 7 days+0.077%+$8 · spread now +0.004%, 7d avg +0.012%
Together, before fees+0.386%+$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$24 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.309% in total (about 16.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.95 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 BMNRUSDT27.629−0.0795get 0.0795% / 8h1h 57m$1.8M$1.3M20x
ShortOKX BMNR-USDT-SWAP27.6300get 0.0000% / 8h1h 57m$3.5M$4.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$166.95
Price spread: +0.004% → +0.012%
−$0.82
Slippage, 4 orders
−$83.03
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
$61.1
Costs to cover
1.050%
Break-even
4.4 days
Slippage from Bitget: live order book, 4 min ago; OKX: 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 Bitget live order book, 4 min ago3.79 bp16.5 bp −$1625.3 bp −$253255.6 bp −$25.6Kdoesn't fit
Sell OKX live order book, 5 min ago1.80 bp17.1 bp −$1789.4 bp −$894doesn'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 BMNRUSDTlong−0.0795%8h27.629long leg$1.8M$1.3M20x
Vest BMNR-USD-PERP−0.0005%1h27.560−0.250%$36K25xas long as short
Aster BMNRUSDT0.0000%8h27.637+0.028%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.612−0.062%$57K$498K10xas long as short
Binance BMNRUSDT0.0000%8h27.617−0.043%$21.7M$52.9M25xas long as short
Bybit BMNRUSDT0.0000%8h27.635+0.022%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAPshort0.0000%8h27.630+0.004%$3.5M$4.2M20x
Gate BMNR_USDT0.0000%8h27.630+0.004%$4.1M$8.6M50xas long as short
Variational Omni BMNR0.0000%8h27.640+0.039%$225K$607Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.670+0.148%$6K$190K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.634+0.018%$1K$864K10xas long as short
HTX BMNR-USDT0.0000%8h27.626−0.011%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.610−0.069%$1.6M$1.5M10xas long as short
BloFin BMNR-USDT+0.0011%8h27.610−0.069%$205K$52K20xas long as short
QFEX BMNR-USD+0.0019%1h27.600−0.105%$1.2M$1.1M10xas long as short
Lighter BMNR+0.0032%1h27.609−0.072%$345K$52K10xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.625−0.014%$908K$1.4M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.640+0.040%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.610−0.069%$675K$734K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.650+0.076%$24K$29K50xas long as short