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−0.0549%/8h= −60.2% APRpaid last 24h +0.099%
Price spread now: tradeXYZ against KuCoin−0.113%7-day average +0.050% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.743%+$74 on $10k
Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.113%, 7d avg +0.050%
Together, before fees+0.824%+ Points / potential airdroptradeXYZ: Active · farm board+$82 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and tradeXYZ is 0.163% cheaper against KuCoin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.050%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.743%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BMNRUSDTM27.5000.0100pay 0.0100% / 8h57m 08s$670K$716K20x
ShorttradeXYZ xyz:BMNR27.469−0.0449pay 0.0056% / 1h57m 08s$821K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$115.36
Price spread: −0.113% → +0.050%
−$16.26
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$161.62
Costs to cover
0.300%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 17 min ago; tradeXYZ: live order book, 10 min ago. Net counts fees only.

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, 17 min ago10.90 bp267.2 bp −$267doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 10 min ago0.18 bpdoesn't fitdoesn'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−0.0656%8h27.545+0.164%$1.8M$1.3M20xas long as short
tradeXYZ xyz:BMNRshort−0.0449%1h27.469−0.113%$821K$1.6M10x
BloFin BMNR-USDT−0.0009%8h27.540+0.145%$207K$54K20xas long as short
Vest BMNR-USD-PERP−0.0002%1h27.460−0.145%$36K25xas long as short
Aster BMNRUSDT0.0000%8h27.501+0.005%$47K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.513+0.046%$58K$343K10xas long as short
Binance BMNRUSDT0.0000%8h27.523+0.082%$21.6M$52.2M25xas long as short
Bybit BMNRUSDT0.0000%8h27.512+0.044%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.530+0.109%$3.5M$4.1M20xas long as short
Gate BMNR_USDT0.0000%8h27.530+0.109%$4.1M$8.4M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BMNR0.0000%8h27.500+0.001%$213K$616Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.529+0.107%$5K$185K10xas long as short
SunX BMNR-USDT0.0000%8h27.536+0.131%$1K$839K10xas long as short
HTX BMNR-USDT0.0000%8h27.533+0.120%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.530+0.109%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0010%1h27.490−0.036%$1.2M$1.0M10xas long as short
Lighter BMNR+0.0032%1h27.532+0.116%$344K$50K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.5000.000%$36K$15K5xas long as short
KuCoin BMNRUSDTMlong+0.0100%8h27.500long leg$670K$716K20x
ApeX Omni BMNRUSDT+0.0100%1h27.470−0.109%$24K$29K50xas long as short