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−0.0362%/8h= −39.7% APRpaid last 24h +0.120%
Price spread now: tradeXYZ against SunX−0.142%7-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+0.900%+$90 on $10k
Price spread, last 4 days (all we have)+0.145%+$15 · spread now −0.142%, 7d avg +0.029%
Together, before fees+1.045%+ Points / potential airdroptradeXYZ: Active · farm board+$105 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and tradeXYZ is 0.171% cheaper against SunX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.029%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.900%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BMNR-USDT27.5090get 0.0000% / 8h2m 11s$1K$807K10x
ShorttradeXYZ xyz:BMNR27.470−0.0362pay 0.0045% / 1h2m 11s$765K$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$76.09
Price spread: −0.142% → +0.029%
−$17.1
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$119.19
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 60 min ago; tradeXYZ: live order book, 5 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, 60 min ago500.22 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 5 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−0.0420%8h27.528+0.069%$1.8M$1.3M20xas long as short
tradeXYZ xyz:BMNRshort−0.0362%1h27.470−0.142%$765K$1.5M10x
BloFin BMNR-USDT−0.0022%8h27.520+0.040%$208K$62K20xas long as short
Aster BMNRUSDT0.0000%8h27.487−0.079%$47K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.488−0.078%$57K$362K10xas long as short
Binance BMNRUSDT0.0000%8h27.491−0.066%$21.5M$51.3M25xas long as short
Bybit BMNRUSDT0.0000%8h27.491−0.065%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.540+0.113%$3.5M$3.9M20xas long as short
Gate BMNR_USDT0.0000%8h27.510+0.004%$4.1M$8.5M50xas long as short
Variational Omni BMNR0.0000%8h27.491−0.064%$213K$607Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BMNR_USDT_Perp0.0000%8h27.501−0.030%$6K$182K10xas long as short
SunX BMNR-USDTlong0.0000%8h27.509long leg$1K$807K10x
HTX BMNR-USDT0.0000%8h27.543+0.124%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.500−0.033%$1.6M$1.4M10xas long as short
Vest BMNR-USD-PERP+0.0003%1h27.460−0.178%$36K25xas long as short
QFEX BMNR-USD+0.0010%1h27.500−0.033%$1.2M$1.0M10xas long as short
Lighter BMNR+0.0032%1h27.495−0.051%$343K$53K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.510+0.004%$36K$14K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.480−0.105%$669K$702K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.470−0.142%$24K$23K50xas long as short