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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: OKX against BloFin0.000%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$630.634% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.086%−$9 on $10k
Price spread, last 3 days (all we have)+0.202%+$20 · spread now 0.000%, 7d avg +0.025%
Together, before fees+0.115%+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.025% cheaper against BloFin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BMNR-USDT28.490−0.0002get 0.0002% / 8h44m 46s$212K$58K20x
ShortOKX BMNR-USDT-SWAP28.4900get 0.0000% / 8h44m 46s$3.7M$6.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0.4
Price spread: 0.000% → +0.025%
−$2.54
Slippage, 4 orders
−$41.37
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$65.52
Costs to cover
0.634%
Break-even
1162.9 days
Slippage from BloFin: live order book, 25 min ago; OKX: live order book, 3 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, 25 min ago3.54 bp13.9 bp −$1424.6 bp −$24660.7 bp −$6,068doesn't fit
Sell OKX live order book, 3 min ago1.76 bp23.5 bp −$2395.5 bp −$955doesn'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
BloFin BMNR-USDTlong−0.0002%8h28.490long leg$212K$58K20x
Aster BMNRUSDT0.0000%8h28.521+0.108%$54K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.483−0.024%$40K$462K10xas long as short
Binance BMNRUSDT0.0000%8h28.482−0.027%$22.6M$55.3M25xas long as short
Bybit BMNRUSDT0.0000%8h28.502+0.042%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAPshort0.0000%8h28.4900.000%$3.7M$6.1M20x
Gate BMNR_USDT0.0000%8h28.500+0.035%$3.8M$10.1M50xas long as short
Bitget BMNRUSDT0.0000%8h28.493+0.011%$2.0M$1.1M20xas long as short
Variational Omni BMNR0.0000%8h28.471−0.065%$317K$493Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.470−0.070%$6K$189K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h28.479−0.039%$971$1.0M10xas long as short
HTX BMNR-USDT0.0000%8h28.475−0.053%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.4900.000%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0004%1h28.500+0.035%$1.2M$1.8M10xas long as short
Lighter BMNR+0.0032%1h28.470−0.070%$338K$23K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.550+0.211%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.472−0.063%$954K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.420−0.246%$37K$26K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.500+0.035%$705K$778K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.410−0.281%$25K$82K50xas long as short