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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Aster−0.051%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$651as in the Funding arb table
Net, price: spread back to 7d avg − costs−$663as in the Price arb table
costs, in and out, $10k−$6676.668% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.158%+$16 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.051%, 7d avg −0.089%
Together, before fees+0.186%+ Points / potential airdropAster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.038% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BMNRUSDT27.6040get 0.0000% / 8h3h 02m$49K$101K20x
ShortKuCoin BMNRUSDTM27.5900.0100get 0.0100% / 8h3h 02m$674K$753K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.051% → −0.089%
$3.84
Slippage, 4 orders
−$646.85
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$642
Costs to cover
6.668%
Break-even
221.0 days
Slippage from Aster: live order book, 25 min ago; KuCoin: live order book, 21 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, 25 min ago52.22 bp59.4 bp −$59doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 21 min ago12.66 bp328.7 bp −$329doesn'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−0.0667%8h27.673+0.250%$1.9M$922K20xas long as short
BloFin BMNR-USDT−0.0023%8h27.650+0.166%$208K$52K20xas long as short
Aster BMNRUSDTlong0.0000%8h27.604long leg$49K$101K20x
Extended BMNR-USD0.0000%1h27.590−0.051%$57K$455K10xas long as short
Binance BMNRUSDT0.0000%8h27.595−0.032%$21.8M$52.3M25xas long as short
Bybit BMNRUSDT0.0000%8h27.595−0.033%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.610+0.022%$3.5M$4.1M20xas long as short
Gate BMNR_USDT0.0000%8h27.620+0.058%$4.1M$9.1M50xas long as short
Variational Omni BMNR0.0000%8h27.650+0.167%$311K$516Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.661+0.206%$6K$188K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.595−0.033%$1K$866K10xas long as short
HTX BMNR-USDT0.0000%8h27.641+0.134%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.600−0.015%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0012%1h27.600−0.015%$1.2M$1.1M10xas long as short
Lighter BMNR+0.0032%1h27.618+0.051%$347K$52K10xas long as short
Vest BMNR-USD-PERP+0.0038%1h27.580−0.087%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.602−0.007%$909K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.660+0.203%$36K$15K5xas long as short
KuCoin BMNRUSDTMshort+0.0100%8h27.590−0.051%$674K$753K20x
ApeX Omni BMNRUSDT+0.0100%1h27.630+0.094%$24K$29K50xas long as short