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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Aster against KuCoin−0.003%7-day average +0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$695as in the Funding arb table
Net, price: spread back to 7d avg − costs−$688as in the Price arb table
costs, in and out, $10k−$6796.789% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.158%−$16 on $10k
Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.003%, 7d avg +0.090%
Together, before fees−0.122%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.094% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.090%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BMNRUSDTM27.7600.0100pay 0.0100% / 8h4h 17m$679K$773K20x
ShortAster BMNRUSDT27.7590get 0.0000% / 8h4h 17m$49K$101K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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: −0.003% → +0.090%
−$9.37
Slippage, 4 orders
−$658.86
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$709.24
Costs to cover
6.789%
Break-even
never at this rate
Slippage from KuCoin: live order book, 12 min ago; Aster: live order book, 15 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 KuCoin live order book, 12 min ago19.80 bp204.4 bp −$204doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 15 min ago46.78 bp73.9 bp −$7487.5 bp −$875doesn'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−0.0729%8h27.798+0.137%$1.9M$933K20xas long as short
BloFin BMNR-USDT−0.0004%8h27.7600.000%$209K$52K20xas long as short
Aster BMNRUSDTshort0.0000%8h27.759−0.003%$49K$101K20x
Extended BMNR-USD0.0000%1h27.773+0.045%$53K$625K10xas long as short
Binance BMNRUSDT0.0000%8h27.780+0.072%$22.0M$52.7M25xas long as short
Bybit BMNRUSDT0.0000%8h27.765+0.018%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.780+0.072%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.770+0.036%$4.2M$9.3M50xas long as short
Variational Omni BMNR0.0000%8h27.7600.000%$324K$504Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.770+0.036%$6K$182K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.746−0.050%$1K$886K10xas long as short
HTX BMNR-USDT0.0000%8h27.789+0.104%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.740−0.072%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0018%1h27.770+0.036%$1.2M$1.1M10xas long as short
Lighter BMNR+0.0032%1h27.785+0.090%$349K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.740−0.072%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.7600.000%$915K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.7600.000%$36K$15K5xas long as short
KuCoin BMNRUSDTMlong+0.0100%8h27.760long leg$679K$773K20x
ApeX Omni BMNRUSDT+0.0100%1h27.750−0.036%$24K$29K50xas long as short