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+0.0017%/8h= +1.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.010%
Price spread now: BloFin against SunX−0.146%235s7-day average +0.029% · 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+0.393%+$39 on $10k
Price spread, last 3 days (all we have)+0.166%+$17 · spread now −0.146%, 7d avg +0.029%
Together, before fees+0.559%+$56 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.175% cheaper against SunX than usual: you would sell low and buy high (spread −0.146% now, against its 7-day average of +0.029%). If the spread goes back, that is −$18 on $10k: about 35 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.393% in total) that is about 3.1 days. The two prices were read 235 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BMNR-USDT28.0410get 0.0000% / 8h6h 44m$981$944K10x
ShortBloFin BMNR-USDT28.0000.0017get 0.0017% / 8h6h 44m$213K$62K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
$3.54
Price spread: −0.146% → +0.029%
−$17.51
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$33.97
Costs to cover
0.200%
Break-even
74.1 days
Slippage unknown: SunX: live order book, 8 min ago; BloFin: live order book, 15 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 SunX live order book, 8 min ago500.20 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 15 min ago5.34 bp11.3 bp −$1120.1 bp −$20175.0 bp −$7,502doesn'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−0.0183%8h28.039−0.007%$2.0M$990K20xas long as short
Aster BMNRUSDT0.0000%8h28.011−0.108%$51K$100K20xas long as short
Extended BMNR-USD0.0000%1h28.020−0.074%$38K$620K10xas long as short
Binance BMNRUSDT0.0000%8h28.015−0.093%$22.0M$53.0M25xas long as short
Bybit BMNRUSDT0.0000%8h28.019−0.078%$3.3M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.030−0.039%$3.6M$4.7M20xas long as short
Gate BMNR_USDT0.0000%8h28.030−0.039%$4.2M$9.5M50xas long as short
Variational Omni BMNR0.0000%8h28.021−0.073%$313K$492Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.032−0.031%$5K$179K10xas long as short
SunX BMNR-USDTlong0.0000%8h28.041long leg$981$944K10x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h28.029−0.043%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.010−0.111%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0002%1h28.010−0.111%$1.2M$1.4M10xas long as short
BloFin BMNR-USDTshort+0.0017%8h28.000−0.146%$213K$62K20x
Lighter BMNR+0.0032%1h28.010−0.111%$352K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.010−0.111%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.000−0.146%$36K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.000−0.146%$685K$802K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.020−0.075%$25K$45K50xas long as short
tradeXYZ xyz:BMNR+0.0147%1h28.024−0.061%$945K$1.5M10xas long as short