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+0.0010%/8h= +1.0% APRnext payment +$0.10 per $10,000 · paid last 24h +0.074%
Price spread now: BloFin against Gate+0.035%48s7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$560.561% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.392%+$39 on $10k
Price spread, last 3 days (all we have)−0.179%−$18 · spread now +0.035%, 7d avg +0.024%
Together, before fees+0.213%+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BMNR_USDT28.4300get 0.0000% / 8h26m 22s$3.8M$10.2M50x
ShortBloFin BMNR-USDT28.4400.0010get 0.0010% / 8h26m 22s$213K$58K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$2.01
Price spread: +0.035% → +0.024%
$1.16
Slippage, 4 orders
−$29.09
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$52.92
Costs to cover
0.561%
Break-even
191.4 days
Slippage from Gate: live order book, 2 min ago; BloFin: live order book, 44 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 Gate live order book, 2 min ago3.52 bp14.9 bp −$1591.5 bp −$915doesn't fitdoesn't fit
Sell BloFin live order book, 44 min ago3.54 bp9.5 bp −$1017.1 bp −$17158.7 bp −$5,869doesn'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
Aster BMNRUSDT0.0000%8h28.450+0.072%$54K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.4300.000%$40K$462K10xas long as short
Binance BMNRUSDT0.0000%8h28.435+0.017%$22.5M$55.3M25xas long as short
Bybit BMNRUSDT0.0000%8h28.432+0.007%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.4300.000%$3.6M$6.1M20xas long as short
Gate BMNR_USDTlong0.0000%8h28.430long leg$3.8M$10.2M50x
Bitget BMNRUSDT0.0000%8h28.442+0.042%$2.0M$1.1M20xas long as short
Variational Omni BMNR0.0000%8h28.412−0.064%$317K$493Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.440+0.036%$5K$189K10xas long as short
SunX BMNR-USDT0.0000%8h28.428−0.007%$981$1.0M10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h28.392−0.134%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.420−0.035%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0004%1h28.390−0.141%$1.2M$1.8M10xas long as short
BloFin BMNR-USDTshort+0.0010%8h28.440+0.035%$213K$58K20x
Lighter BMNR+0.0032%1h28.417−0.046%$336K$25K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.4300.000%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.433+0.011%$952K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.390−0.141%$37K$26K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.4300.000%$705K$777K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.440+0.035%$25K$82K50xas long as short