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+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h −0.039%
Price spread now: BloFin against OKX−0.211%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$510.515% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.087%+$9 on $10k
Price spread, last 3 days (all we have)+0.042%+$4 · spread now −0.211%, 7d avg −0.026%
Together, before fees+0.129%+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.186% cheaper against OKX than usual: you would sell low and buy high (spread −0.211% now, against its 7-day average of −0.026%). If the spread goes back, that is −$19 on $10k: about 21 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BMNR-USDT-SWAP28.4300get 0.0000% / 8h7h 26m$3.6M$6.0M20x
ShortBloFin BMNR-USDT28.3700.0029get 0.0029% / 8h7h 26m$213K$58K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$6.13
Price spread: −0.211% → −0.026%
−$18.55
Slippage, 4 orders
−$29.5
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$63.92
Costs to cover
0.515%
Break-even
79.9 days
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 38 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 OKX live order book, 1 min ago1.76 bp12.7 bp −$13132.8 bp −$1,328doesn't fitdoesn't fit
Sell BloFin live order book, 38 min ago3.51 bp12.0 bp −$1222.5 bp −$22564.7 bp −$6,469doesn'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
QFEX BMNR-USD−0.0001%1h28.390−0.141%$1.2M$1.7M10xas long as short
Aster BMNRUSDT0.0000%8h28.433+0.010%$54K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.391−0.136%$41K$594K10xas long as short
Binance BMNRUSDT0.0000%8h28.427−0.010%$22.5M$54.1M25xas long as short
Bybit BMNRUSDT0.0000%8h28.429−0.004%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAPlong0.0000%8h28.430long leg$3.6M$6.0M20x
Gate BMNR_USDT0.0000%8h28.410−0.070%$4.3M$9.9M50xas long as short
Bitget BMNRUSDT0.0000%8h28.424−0.021%$2.0M$1.0M20xas long as short
Variational Omni BMNR0.0000%8h28.361−0.244%$317K$493Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.377−0.188%$6K$182K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h28.416−0.049%$1K$972K10xas long as short
HTX BMNR-USDT0.0000%8h28.407−0.081%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.400−0.106%$1.6M$1.5M10xas long as short
BloFin BMNR-USDTshort+0.0029%8h28.370−0.211%$213K$58K20x
Lighter BMNR+0.0032%1h28.399−0.109%$336K$24K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.410−0.070%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.330−0.352%$37K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.400−0.106%$700K$768K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.370−0.211%$25K$46K50xas long as short
tradeXYZ xyz:BMNR+0.0354%1h28.418−0.042%$966K$1.5M10xas long as short