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: Phemex against Binance+0.010%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1191.195% 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 2 days (all we have)+0.015%+$2 · spread now +0.010%, 7d avg +0.008%
Together, before fees−0.382%−$38 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BMNRUSDT28.3870get 0.0000% / 8h7h 23m$22.4M$54.0M25x
ShortPhemex BMNRUSDT28.3900get 0.0000% / 8h7h 23m$1.6M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: +0.010% → +0.008%
$0.25
Slippage, 4 orders
−$97.46
Fee Binance: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$119.21
Costs to cover
1.195%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Phemex: 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 Binance live order book, 4 min ago1.76 bp10.3 bp −$1024.0 bp −$240105.5 bp −$10.6Kdoesn't fit
Sell Phemex live order book, 5 min ago7.05 bp45.8 bp −$46doesn'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
QFEX BMNR-USD−0.0001%1h28.380−0.025%$1.2M$1.6M10xas long as short
Aster BMNRUSDT0.0000%8h28.409+0.077%$54K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.394+0.023%$41K$594K10xas long as short
Binance BMNRUSDTlong0.0000%8h28.387long leg$22.4M$54.0M25x
Bybit BMNRUSDT0.0000%8h28.412+0.088%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.410+0.081%$3.6M$6.0M20xas long as short
Gate BMNR_USDT0.0000%8h28.410+0.081%$4.3M$10.0M50xas long as short
Bitget BMNRUSDT0.0000%8h28.420+0.116%$2.0M$1.0M20xas long as short
Variational Omni BMNR0.0000%8h28.410+0.082%$317K$493Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.399+0.043%$6K$182K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h28.424+0.130%$929$968K10xas long as short
HTX BMNR-USDT0.0000%8h28.417+0.105%$5K$40K20xas long as short
Phemex BMNRUSDTshort0.0000%8h28.390+0.010%$1.6M$1.5M10x
BloFin BMNR-USDT+0.0009%8h28.400+0.045%$213K$58K20xas long as short
Lighter BMNR+0.0032%1h28.407+0.070%$336K$25K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.430+0.151%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.400+0.045%$37K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.380−0.025%$700K$768K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.420+0.116%$25K$46K50xas long as short
tradeXYZ xyz:BMNR+0.0360%1h28.396+0.031%$965K$1.5M10xas long as short