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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h +0.025%
Price spread now: Extended against BloFin−0.135%94s7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$500.505% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 4 days (all we have)+0.558%+$56 · spread now −0.135%, 7d avg −0.036%
Together, before fees+0.574%+ Points / potential airdropExtended: Active · farm board+$57 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.099% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.036%). Swap the legs. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BMNR-USDT27.9100.0021pay 0.0021% / 8h5h 07m$167K$61K20x
ShortExtended BMNR-USD27.8720get 0.0000% / 1h7m 31s$52K$632K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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
−$4.44
Price spread: −0.135% → −0.036%
−$9.88
Slippage, 4 orders
−$33.47
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$64.79
Costs to cover
0.505%
Break-even
never at this rate
Slippage from BloFin: live order book, 30 min ago; Extended: live order book, 55 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 BloFin live order book, 30 min ago5.39 bp13.3 bp −$1320.7 bp −$20771.6 bp −$7,155doesn't fit
Sell Extended live order book, 55 min ago4.31 bp13.1 bp −$1394.7 bp −$947doesn'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−0.0696%8h27.890−0.072%$1.9M$936K20xas long as short
Aster BMNRUSDT0.0000%8h27.876−0.121%$49K$101K20xas long as short
Extended BMNR-USDshort0.0000%1h27.872−0.135%$52K$632K10x
Binance BMNRUSDT0.0000%8h27.876−0.122%$22.1M$52.8M25xas long as short
Bybit BMNRUSDT0.0000%8h27.872−0.136%$3.3M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.880−0.107%$3.6M$4.3M20xas long as short
Gate BMNR_USDT0.0000%8h27.890−0.072%$4.2M$9.6M50xas long as short
Variational Omni BMNR0.0000%8h27.890−0.073%$318K$497Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.920+0.036%$5K$178K10xas long as short
SunX BMNR-USDT0.0000%8h27.880−0.107%$1K$889K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.912+0.007%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.900−0.036%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0012%1h27.870−0.143%$1.2M$1.2M10xas long as short
BloFin BMNR-USDTlong+0.0021%8h27.910long leg$167K$61K20x
Lighter BMNR+0.0032%1h27.885−0.090%$351K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.870−0.143%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.878−0.115%$927K$1.4M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.860−0.179%$36K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.870−0.143%$681K$791K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.880−0.107%$24K$29K50xas long as short