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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against Binance−0.034%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$560.557% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.398%−$40 on $10k
Price spread, last 7 days+0.054%+$5 · spread now −0.034%, 7d avg −0.009%
Together, before fees−0.344%−$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.024% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BMNRUSDT27.8390get 0.0000% / 8h5h 27m$22.1M$52.8M25x
ShortGate BMNR_USDT27.8300get 0.0000% / 8h5h 27m$4.2M$9.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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
$0
Price spread: −0.034% → −0.009%
−$2.42
Slippage, 4 orders
−$30.69
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$58.11
Costs to cover
0.557%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; Gate: live order book, 1 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 Binance live order book, 15 min ago1.80 bp9.0 bp −$924.0 bp −$240106.2 bp −$10.6Kdoesn't fit
Sell Gate live order book, 1 min ago1.79 bp24.5 bp −$2480.4 bp −$804doesn'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−0.0758%8h27.850+0.038%$1.9M$937K20xas long as short
BloFin BMNR-USDT−0.0005%8h27.830−0.034%$209K$61K20xas long as short
Aster BMNRUSDT0.0000%8h27.827−0.043%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.822−0.061%$53K$632K10xas long as short
Binance BMNRUSDTlong0.0000%8h27.839long leg$22.1M$52.8M25x
Bybit BMNRUSDT0.0000%8h27.822−0.062%$3.3M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.850+0.038%$3.5M$4.3M20xas long as short
Gate BMNR_USDTshort0.0000%8h27.830−0.034%$4.2M$9.6M50x
Variational Omni BMNR0.0000%8h27.899+0.215%$318K$497Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.870+0.110%$5K$176K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.823−0.059%$1K$891K10xas long as short
HTX BMNR-USDT0.0000%8h27.852+0.045%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.830−0.034%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0012%1h27.840+0.002%$1.2M$1.2M10xas long as short
Lighter BMNR+0.0032%1h27.850+0.038%$350K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.820−0.070%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.847+0.027%$926K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.880+0.146%$36K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.810−0.105%$680K$801K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.890+0.182%$24K$29K50xas long as short