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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Phemex−0.084%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2402.403% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.898%+$90 · spread now −0.084%, 7d avg +0.056%
Together, before fees+0.898%+ Points / potential airdropAster: Stage 5 · farm board+$90 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.140% cheaper against Phemex than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex BMNRUSDT28.0200get 0.0000% / 8h7h 02m$1.6M$1.4M10x
ShortAster BMNRUSDT27.9960get 0.0000% / 8h7h 02m$48K$101K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Phemex. 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
$0
Price spread: −0.084% → +0.056%
−$13.99
Slippage, 4 orders
−$220.26
Fee Phemex: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$254.25
Costs to cover
2.403%
Break-even
never at this rate
Slippage from Phemex: live order book, 1 min ago; Aster: live order book, 6 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 Phemex live order book, 1 min ago5.35 bp57.9 bp −$58doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 6 min ago46.43 bp71.8 bp −$7278.7 bp −$787doesn'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−0.0100%8h28.043+0.082%$1.9M$1.3M20xas long as short
Aster BMNRUSDTshort0.0000%8h27.996−0.084%$48K$101K20x
Extended BMNR-USD0.0000%1h28.023+0.009%$59K$355K10xas long as short
Binance BMNRUSDT0.0000%8h28.0200.000%$21.8M$48.1M25xas long as short
Bybit BMNRUSDT0.0000%8h28.013−0.025%$3.3M$1.8M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.060+0.143%$3.6M$3.4M20xas long as short
Gate BMNR_USDT0.0000%8h28.0200.000%$4.1M$8.2M50xas long as short
Variational Omni BMNR0.0000%8h28.100+0.287%$217K$551Kas long as short
SunX BMNR-USDT0.0000%8h28.024+0.014%$1K$718K10xas long as short
HTX BMNR-USDT0.0000%8h28.024+0.014%$6K$40K20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BMNRUSDTlong0.0000%8h28.020long leg$1.6M$1.4M10x
QFEX BMNR-USD+0.0010%1h28.030+0.036%$1.2M$985K10xas long as short
BloFin BMNR-USDT+0.0010%8h28.030+0.036%$212K$68K20xas long as short
Lighter BMNR+0.0032%1h28.042+0.079%$352K$58K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.030+0.036%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.041+0.075%$1.0M$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.000−0.071%$36K$10K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.990−0.107%$681K$725K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.000−0.071%$25K$23K50xas long as short
GRVT BMNR_USDT_Perp+0.0185%8h28.047+0.096%$5K$174K10xas long as short