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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.135%
Price spread now: BloFin against tradeXYZ+0.072%88s7-day average −0.004% · you sell dearer than you buy
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−0.507%−$51 on $10k
Price spread, last 4 days (all we have)−0.178%−$18 · spread now +0.072%, 7d avg −0.004%
Together, before fees−0.685%+ Points / potential airdroptradeXYZ: Active · farm board−$69 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.076% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of −0.004%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.8 days. At the pace of the last 7 days (−0.507% in total) that is about 25 hours. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BMNR27.7700.0050pay 0.0006% / 1h39m 46s$915K$1.5M10x
ShortBloFin BMNR-USDT27.790−0.0002pay 0.0002% / 8h3h 39m$208K$52K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against tradeXYZ. 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
−$10.93
Price spread: +0.072% → −0.004%
$7.57
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$33.36
Costs to cover
0.300%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 8 min ago; BloFin: live order book, 51 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 tradeXYZ live order book, 8 min ago0.90 bp14.6 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 51 min ago3.60 bp9.6 bp −$1019.0 bp −$19068.2 bp −$6,820doesn'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−0.0595%8h27.796+0.094%$1.9M$921K20xas long as short
BloFin BMNR-USDTshort−0.0002%8h27.790+0.072%$208K$52K20x
Aster BMNRUSDT0.0000%8h27.770−0.001%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.779+0.032%$52K$619K10xas long as short
Binance BMNRUSDT0.0000%8h27.780+0.036%$22.0M$52.2M25xas long as short
Bybit BMNRUSDT0.0000%8h27.7700.000%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.780+0.036%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.780+0.036%$4.2M$9.0M50xas long as short
Variational Omni BMNR0.0000%8h27.780+0.037%$324K$504Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.810+0.143%$5K$185K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.829+0.212%$1K$871K10xas long as short
HTX BMNR-USDT0.0000%8h27.768−0.007%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.800+0.108%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0012%1h27.780+0.036%$1.2M$1.1M10xas long as short
Lighter BMNR+0.0032%1h27.793+0.083%$350K$52K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.750−0.072%$36K25xas long as short
tradeXYZ xyz:BMNRlong+0.0050%1h27.770long leg$915K$1.5M10x
Ondo Perps BMNR-USD.P+0.0050%1h27.740−0.108%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.7700.000%$679K$764K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.820+0.180%$24K$29K50xas long as short