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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.010%
Price spread now: KuCoin against Extended+0.022%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$683as in the Funding arb table
Net, price: spread back to 7d avg − costs−$655as in the Price arb table
costs, in and out, $10k−$6586.582% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.252%−$25 on $10k
Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.022%, 7d avg −0.014%
Together, before fees−0.259%+ Points / potential airdropExtended: Active · farm board−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.037% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.014%. Mind the row above: over the last 7 days funding on this pair cost −0.252%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BMNR-USD27.4740get 0.0000% / 1h40m 44s$61K$450K10x
ShortKuCoin BMNRUSDTM27.4800.0100get 0.0100% / 8h1h 40m$671K$731K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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
$21
Price spread: +0.022% → −0.014%
$3.67
Slippage, 4 orders
−$641.19
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$633.52
Costs to cover
6.582%
Break-even
218.2 days
Slippage from Extended: live order book, 2 min ago; KuCoin: live order book, 39 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 Extended live order book, 2 min ago4.55 bp12.9 bp −$13101.4 bp −$1,014doesn't fitdoesn't fit
Sell KuCoin live order book, 39 min ago20.02 bp330.4 bp −$330doesn'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−0.0763%8h27.541+0.244%$1.8M$1.3M20xas long as short
BloFin BMNR-USDT−0.0011%8h27.510+0.131%$207K$51K20xas long as short
Vest BMNR-USD-PERP−0.0005%1h27.450−0.087%$36K25xas long as short
Aster BMNRUSDT0.0000%8h27.470−0.012%$48K$101K20xas long as short
Extended BMNR-USDlong0.0000%1h27.474long leg$61K$450K10x
Binance BMNRUSDT0.0000%8h27.471−0.011%$21.6M$53.0M25xas long as short
Bybit BMNRUSDT0.0000%8h27.491+0.062%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.510+0.131%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.500+0.095%$4.1M$8.6M50xas long as short
Variational Omni BMNR0.0000%8h27.480+0.023%$223K$607Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BMNR_USDT_Perp0.0000%8h27.527+0.195%$6K$190K10xas long as short
SunX BMNR-USDT0.0000%8h27.517+0.157%$993$864K10xas long as short
HTX BMNR-USDT0.0000%8h27.530+0.204%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.480+0.022%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0019%1h27.490+0.059%$1.2M$1.1M10xas long as short
Lighter BMNR+0.0032%1h27.475+0.004%$343K$52K10xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.488+0.051%$904K$1.4M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.530+0.204%$36K$15K5xas long as short
KuCoin BMNRUSDTMshort+0.0100%8h27.480+0.022%$671K$731K20x
ApeX Omni BMNRUSDT+0.0100%1h27.510+0.131%$24K$29K50xas long as short