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+0.0607%/8h= +66.5% APRnext payment +$6.07 per $10,000 · paid last 24h +0.049%
Price spread now: OKX against Bitget−0.025%7-day average +0.012% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.309%+$31 on $10k
Price spread, last 7 days+0.081%+$8 · spread now −0.025%, 7d avg +0.012%
Together, before fees+0.391%+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.037% cheaper against Bitget than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.012%). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.309% in total) that is about 20 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.309% in total (about 16.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BMNRUSDT27.827−0.0607get 0.0607% / 8h3h 43m$1.9M$921K20x
ShortOKX BMNR-USDT-SWAP27.8200get 0.0000% / 8h3h 43m$3.5M$4.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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
$127.47
Price spread: −0.025% → +0.012%
−$3.71
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
$101.76
Costs to cover
0.220%
Break-even
1.4 days
Slippage unknown: Bitget: live order book, 3 min ago; OKX: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago2.69 bp15.5 bp −$1626.8 bp −$268243.4 bp −$24.3Kdoesn't fit
Sell OKX live order book, 4 min ago1.80 bp22.9 bp −$23123.5 bp −$1,235doesn'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 BMNRUSDTlong−0.0607%8h27.827long leg$1.9M$921K20x
BloFin BMNR-USDT0.0000%8h27.830+0.011%$209K$52K20xas long as short
Aster BMNRUSDT0.0000%8h27.818−0.031%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.814−0.046%$52K$619K10xas long as short
Binance BMNRUSDT0.0000%8h27.825−0.008%$22.0M$52.2M25xas long as short
Bybit BMNRUSDT0.0000%8h27.814−0.047%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAPshort0.0000%8h27.820−0.025%$3.5M$4.2M20x
Gate BMNR_USDT0.0000%8h27.810−0.061%$4.2M$9.0M50xas long as short
Variational Omni BMNR0.0000%8h27.820−0.025%$324K$504Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.799−0.102%$5K$185K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.818−0.032%$1K$871K10xas long as short
HTX BMNR-USDT0.0000%8h27.809−0.065%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.810−0.061%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0012%1h27.800−0.097%$1.2M$1.1M10xas long as short
Lighter BMNR+0.0032%1h27.834+0.025%$350K$52K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.770−0.205%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.822−0.018%$917K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.830+0.011%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.810−0.061%$679K$765K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.820−0.025%$24K$29K50xas long as short