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+0.0406%/8h= +44.4% APRpaid last 24h −0.120%
Price spread now: SunX against tradeXYZ+0.204%7-day average −0.029% · 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−0.900%−$90 on $10k
Price spread, last 4 days (all we have)−0.208%−$21 · spread now +0.204%, 7d avg −0.029%
Together, before fees−1.107%+ Points / potential airdroptradeXYZ: Active · farm board−$111 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and SunX is 0.233% dearer against tradeXYZ than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.029%. Mind the row above: over the last 7 days funding on this pair cost −0.900%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BMNR27.460−0.0406get 0.0051% / 1h32m 03s$810K$1.6M10x
ShortSunX BMNR-USDT27.5160get 0.0000% / 8h32m 03s$1K$817K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$85.2
Price spread: +0.204% → −0.029%
$23.32
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee SunX: 4 bp × 2 orders
−$8
Net
$82.52
Costs to cover
0.260%
Break-even
0.2 days
Slippage unknown: tradeXYZ: live order book, 6 min ago; SunX: live order book, 30 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, 6 min ago0.36 bp16.5 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 30 min ago500.22 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−0.0534%8h27.531+0.259%$1.8M$1.3M20xas long as short
tradeXYZ xyz:BMNRlong−0.0406%1h27.460long leg$810K$1.6M10x
BloFin BMNR-USDT−0.0010%8h27.490+0.109%$207K$54K20xas long as short
Aster BMNRUSDT0.0000%8h27.510+0.183%$47K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.479+0.068%$58K$357K10xas long as short
Binance BMNRUSDT0.0000%8h27.497+0.133%$21.6M$51.6M25xas long as short
Bybit BMNRUSDT0.0000%8h27.503+0.157%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.500+0.146%$3.5M$4.1M20xas long as short
Gate BMNR_USDT0.0000%8h27.490+0.109%$4.1M$8.5M50xas long as short
Variational Omni BMNR0.0000%8h27.500+0.144%$213K$607Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BMNR_USDT_Perp0.0000%8h27.500+0.146%$5K$185K10xas long as short
SunX BMNR-USDTshort0.0000%8h27.516+0.204%$1K$817K10x
HTX BMNR-USDT0.0000%8h27.504+0.160%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.490+0.109%$1.6M$1.5M10xas long as short
Vest BMNR-USD-PERP+0.0007%1h27.4600.000%$36K25xas long as short
QFEX BMNR-USD+0.0010%1h27.490+0.109%$1.2M$1.0M10xas long as short
Lighter BMNR+0.0032%1h27.525+0.237%$344K$50K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.4600.000%$36K$14K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.490+0.109%$670K$703K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.480+0.073%$24K$29K50xas long as short