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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0265%/8h= −29.1% APRpaid last 24h −0.109%
Price spread now: GRVT against tradeXYZ+0.276%7-day average +0.028% · 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−0.784%−$78 on $10k
Price spread, last 4 days (all we have)+0.369%+$37 · spread now +0.276%, 7d avg +0.028%
Together, before fees−0.415%+ Points / potential airdroptradeXYZ: Active · GRVT: Active · farm board−$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.248% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.276% now, against its 7-day average of +0.028%): +$25 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 3.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BMNR27.9530.0436pay 0.0055% / 1h57m 07s$1.0M$1.5M10x
ShortGRVT BMNR_USDT_Perp28.0300.0171get 0.0171% / 8h6h 57m$6K$173K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
−$55.73
Price spread: +0.276% → +0.028%
$24.84
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$57.89
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, just now; GRVT: live order book, 31 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, just now0.18 bp19.6 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 31 min ago5.47 bp16.8 bp −$1758.2 bp −$582doesn'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−0.0075%8h27.970+0.061%$1.9M$1.3M20xas long as short
Aster BMNRUSDT0.0000%8h27.934−0.066%$47K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.928−0.088%$59K$355K10xas long as short
Binance BMNRUSDT0.0000%8h27.951−0.006%$21.7M$47.9M25xas long as short
Bybit BMNRUSDT0.0000%8h27.960+0.025%$3.3M$1.8M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.990+0.132%$3.6M$3.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.950−0.011%$4.1M$7.5M50xas long as short
Variational Omni BMNR0.0000%8h27.975+0.078%$216K$551Kas long as short
SunX BMNR-USDT0.0000%8h27.903−0.179%$896$710K10xas long as short
HTX BMNR-USDT0.0000%8h27.9530.000%$6K$40K20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BMNRUSDT0.0000%8h27.950−0.011%$1.6M$1.4M10xas long as short
QFEX BMNR-USD+0.0005%1h27.950−0.011%$1.2M$987K10xas long as short
BloFin BMNR-USDT+0.0006%8h27.910−0.154%$213K$68K20xas long as short
Lighter BMNR+0.0032%1h27.938−0.054%$351K$58K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.910−0.154%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.850−0.368%$36K$10K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.930−0.082%$680K$727K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.970+0.061%$25K$23K50xas long as short
GRVT BMNR_USDT_Perpshort+0.0171%8h28.030+0.276%$6K$173K10x
tradeXYZ xyz:BMNRlong+0.0436%1h27.953long leg$1.0M$1.5M10x