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−0.0011%/8h= −1.2% APRnext payment $0.11 per $10,000 · paid last 24h +0.011%
Price spread now: BloFin against Aster−0.112%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1571.574% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.395%+$39 on $10k
Price spread, last 4 days (all we have)−0.115%−$11 · spread now −0.112%, 7d avg −0.038%
Together, before fees+0.280%+ Points / potential airdropAster: Stage 5 · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.073% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.038%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.395%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BMNRUSDT27.4110get 0.0000% / 8h2h 25m$48K$101K20x
ShortBloFin BMNR-USDT27.380−0.0011pay 0.0011% / 8h2h 25m$208K$52K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
−$2.32
Price spread: −0.112% → −0.038%
−$7.33
Slippage, 4 orders
−$137.39
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$167.04
Costs to cover
1.574%
Break-even
never at this rate
Slippage from Aster: live order book, 63 min ago; BloFin: live order book, 56 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 63 min ago52.22 bp59.4 bp −$59doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 56 min ago5.42 bp13.7 bp −$1424.1 bp −$24172.5 bp −$7,252doesn'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−0.0918%8h27.492+0.297%$1.9M$965K20xas long as short
BloFin BMNR-USDTshort−0.0011%8h27.380−0.112%$208K$52K20x
Vest BMNR-USD-PERP−0.0006%1h27.360−0.185%$36K25xas long as short
Aster BMNRUSDTlong0.0000%8h27.411long leg$48K$101K20x
Extended BMNR-USD0.0000%1h27.421+0.038%$60K$494K10xas long as short
Binance BMNRUSDT0.0000%8h27.410−0.002%$21.6M$52.6M25xas long as short
Bybit BMNRUSDT0.0000%8h27.416+0.020%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.440+0.107%$3.5M$4.1M20xas long as short
Gate BMNR_USDT0.0000%8h27.440+0.107%$4.1M$8.9M50xas long as short
Variational Omni BMNR0.0000%8h27.370−0.146%$212K$596Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BMNR_USDT_Perp0.0000%8h27.474+0.233%$6K$190K10xas long as short
SunX BMNR-USDT0.0000%8h27.434+0.085%$1K$867K10xas long as short
HTX BMNR-USDT0.0000%8h27.436+0.093%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.420+0.034%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0013%1h27.440+0.107%$1.2M$1.1M10xas long as short
Lighter BMNR+0.0032%1h27.420+0.034%$345K$52K10xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.418+0.027%$902K$1.4M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.470+0.217%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.410−0.002%$670K$741K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.360−0.185%$24K$29K50xas long as short