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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.18 per $10,000 · paid last 24h −0.010%
Price spread now: Aster against BloFin−0.059%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1581.581% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.393%−$39 on $10k
Price spread, last 4 days (all we have)+0.796%+$80 · spread now −0.059%, 7d avg +0.037%
Together, before fees+0.403%+ Points / potential airdropAster: Stage 5 · farm board+$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.096% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.037%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BMNR-USDT27.6000.0018pay 0.0018% / 8h7h 36m$209K$62K20x
ShortAster BMNRUSDT27.5840get 0.0000% / 8h7h 36m$47K$101K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$3.81
Price spread: −0.059% → +0.037%
−$9.59
Slippage, 4 orders
−$138.06
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$171.46
Costs to cover
1.581%
Break-even
never at this rate
Slippage from BloFin: live order book, 29 min ago; Aster: live order book, 36 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 BloFin live order book, 29 min ago1.82 bp9.3 bp −$913.6 bp −$13653.8 bp −$5,375doesn't fit
Sell Aster live order book, 36 min ago54.51 bp67.6 bp −$6874.5 bp −$745doesn'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−0.0293%8h27.618+0.065%$1.9M$1.3M20xas long as short
tradeXYZ xyz:BMNR−0.0104%1h27.594−0.022%$764K$1.5M10xas long as short
Aster BMNRUSDTshort0.0000%8h27.584−0.059%$47K$101K20x
Extended BMNR-USD0.0000%1h27.583−0.063%$59K$363K10xas long as short
Binance BMNRUSDT0.0000%8h27.581−0.068%$21.5M$50.2M25xas long as short
Bybit BMNRUSDT0.0000%8h27.587−0.047%$3.2M$1.8M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.6000.000%$3.5M$3.7M20xas long as short
Gate BMNR_USDT0.0000%8h27.590−0.036%$4.1M$7.9M50xas long as short
Variational Omni BMNR0.0000%8h27.560−0.143%$213K$607Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.560−0.145%$5K$178K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.574−0.094%$1K$788K10xas long as short
HTX BMNR-USDT0.0000%8h27.595−0.018%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.580−0.072%$1.6M$1.4M10xas long as short
QFEX BMNR-USD+0.0010%1h27.560−0.145%$1.2M$993K10xas long as short
Vest BMNR-USD-PERP+0.0012%1h27.550−0.181%$36K25xas long as short
BloFin BMNR-USDTlong+0.0018%8h27.600long leg$209K$62K20x
Lighter BMNR+0.0032%1h27.595−0.018%$344K$53K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.510−0.326%$36K$11K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.560−0.145%$672K$709K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.560−0.145%$24K$23K50xas long as short