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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.162%
Price spread now: KuCoin against tradeXYZ−0.014%7-day average −0.051% · 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−0.744%−$74 on $10k
Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.014%, 7d avg −0.051%
Together, before fees−0.697%+ Points / potential airdroptradeXYZ: Active · farm board−$70 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.037% dearer against tradeXYZ than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.051%. Mind the row above: over the last 7 days funding on this pair cost −0.744%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BMNR28.0940.0050pay 0.0006% / 1h59m 02s$949K$1.5M10x
ShortKuCoin BMNRUSDTM28.0900.0100get 0.0100% / 8h6h 59m$694K$771K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$10.5
Price spread: −0.014% → −0.051%
$3.71
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$15.79
Costs to cover
0.300%
Break-even
17.5 days
Slippage unknown: tradeXYZ: live order book, 9 min ago; KuCoin: live order book, 55 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, 9 min ago0.53 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 55 min ago14.07 bp353.7 bp −$354doesn'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
QFEX BMNR-USD−0.0001%1h28.080−0.050%$1.2M$1.5M10xas long as short
Aster BMNRUSDT0.0000%8h28.085−0.034%$53K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.059−0.124%$38K$597K10xas long as short
Binance BMNRUSDT0.0000%8h28.091−0.011%$22.1M$52.9M25xas long as short
Bybit BMNRUSDT0.0000%8h28.089−0.018%$3.4M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.100+0.021%$3.6M$4.9M20xas long as short
Gate BMNR_USDT0.0000%8h28.090−0.014%$4.2M$9.4M50xas long as short
Bitget BMNRUSDT0.0000%8h28.098+0.014%$2.0M$992K20xas long as short
Variational Omni BMNR0.0000%8h28.145+0.182%$314K$492Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.153+0.212%$6K$180K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h28.109+0.053%$1K$944K10xas long as short
HTX BMNR-USDT0.0000%8h28.110+0.057%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.080−0.050%$1.6M$1.5M10xas long as short
BloFin BMNR-USDT+0.0023%8h28.050−0.157%$211K$62K20xas long as short
Lighter BMNR+0.0032%1h28.089−0.018%$353K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.090−0.014%$36K25xas long as short
tradeXYZ xyz:BMNRlong+0.0050%1h28.094long leg$949K$1.5M10x
Ondo Perps BMNR-USD.P+0.0050%1h28.060−0.121%$37K$16K5xas long as short
KuCoin BMNRUSDTMshort+0.0100%8h28.090−0.014%$694K$771K20x
ApeX Omni BMNRUSDT+0.0100%1h28.210+0.413%$25K$45K50xas long as short