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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.025%
Price spread now: Extended against Phemex+0.039%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1261.259% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.410%+$41 on $10k
Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.039%, 7d avg −0.018%
Together, before fees+0.480%+ Points / potential airdropExtended: Active · farm board+$48 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: Extended is 0.057% dearer against Phemex than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex BMNRUSDT27.7900get 0.0000% / 8h3h 48m$1.6M$1.5M10x
ShortExtended BMNR-USD27.8010get 0.0000% / 1h48m 27s$52K$619K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: +0.039% → −0.018%
$5.7
Slippage, 4 orders
−$108.89
Fee Phemex: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$120.19
Costs to cover
1.259%
Break-even
never at this rate
Slippage from Phemex: live order book, 4 min ago; Extended: live order book, 4 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, 4 min ago3.59 bp50.6 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 4 min ago3.78 bp12.0 bp −$1286.4 bp −$864doesn'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−0.0621%8h27.830+0.144%$1.9M$921K20xas long as short
Aster BMNRUSDT0.0000%8h27.789−0.003%$49K$101K20xas long as short
Extended BMNR-USDshort0.0000%1h27.801+0.039%$52K$619K10x
Binance BMNRUSDT0.0000%8h27.818+0.100%$22.0M$52.2M25xas long as short
Bybit BMNRUSDT0.0000%8h27.803+0.047%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.830+0.144%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.800+0.036%$4.2M$9.0M50xas long as short
Variational Omni BMNR0.0000%8h27.820+0.108%$324K$504Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.830+0.144%$6K$185K10xas long as short
SunX BMNR-USDT0.0000%8h27.788−0.007%$1K$873K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.815+0.090%$5K$40K20xas long as short
Phemex BMNRUSDTlong0.0000%8h27.790long leg$1.6M$1.5M10x
BloFin BMNR-USDT+0.0009%8h27.800+0.036%$208K$52K20xas long as short
QFEX BMNR-USD+0.0012%1h27.800+0.036%$1.2M$1.1M10xas long as short
Lighter BMNR+0.0032%1h27.828+0.137%$350K$52K10xas long as short
Vest BMNR-USD-PERP+0.0044%1h27.780−0.036%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.792+0.007%$916K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.770−0.072%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.7900.000%$679K$765K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.810+0.072%$24K$29K50xas long as short