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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0012%/8h= +1.4% APRpaid last 24h +0.005%
Price spread now: QFEX against Aster−0.001%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1461.462% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.013%+$1 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.001%, 7d avg −0.043%
Together, before fees+0.017%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and QFEX is 0.042% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BMNRUSDT27.6600get 0.0000% / 8h3h 06m$49K$101K20x
ShortQFEX BMNR-USD27.6600.0012get 0.0002% / 1h6m 35s$1.2M$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$2.62
Price spread: −0.001% → −0.043%
$4.24
Slippage, 4 orders
−$128.25
Fee Aster: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$139.38
Costs to cover
1.462%
Break-even
379.3 days
Slippage from Aster: live order book, 21 min ago; QFEX: live order book, 5 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, 21 min ago52.22 bp59.4 bp −$59doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 5 min ago3.62 bp8.6 bp −$913.0 bp −$130doesn'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−0.0663%8h27.705+0.162%$1.9M$921K20xas long as short
BloFin BMNR-USDT0.0000%8h27.650−0.037%$208K$52K20xas long as short
Aster BMNRUSDTlong0.0000%8h27.660long leg$49K$101K20x
Extended BMNR-USD0.0000%1h27.663+0.010%$57K$455K10xas long as short
Binance BMNRUSDT0.0000%8h27.670+0.035%$21.9M$52.3M25xas long as short
Bybit BMNRUSDT0.0000%8h27.660−0.001%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.690+0.107%$3.5M$4.1M20xas long as short
Gate BMNR_USDT0.0000%8h27.670+0.035%$4.1M$9.1M50xas long as short
Variational Omni BMNR0.0000%8h27.640−0.074%$322K$504Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.613−0.171%$6K$188K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.645−0.055%$981$866K10xas long as short
HTX BMNR-USDT0.0000%8h27.624−0.131%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.630−0.109%$1.6M$1.5M10xas long as short
QFEX BMNR-USDshort+0.0012%1h27.660−0.001%$1.2M$1.1M10x
Lighter BMNR+0.0032%1h27.655−0.019%$348K$52K10xas long as short
Vest BMNR-USD-PERP+0.0040%1h27.620−0.146%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.679+0.068%$911K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.620−0.146%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.630−0.109%$676K$754K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.590−0.254%$24K$29K50xas long as short