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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0028%/8h= −3.0% APRpaid last 24h −0.003%
Price spread now: QFEX against BloFin0.000%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$420.420% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.104%−$10 on $10k
Price spread, last 3 days (all we have)+0.054%+$5 · spread now 0.000%, 7d avg −0.006%
Together, before fees−0.050%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BMNR-USDT28.4500.0027pay 0.0027% / 8h7h 45m$213K$58K20x
ShortQFEX BMNR-USD28.450−0.0001pay 0.0000% / 1h45m 02s$1.2M$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$5.78
Price spread: 0.000% → −0.006%
$0.61
Slippage, 4 orders
−$19.98
Fee BloFin: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$47.15
Costs to cover
0.420%
Break-even
never at this rate
Slippage from BloFin: live order book, 20 min ago; QFEX: live order book, 2 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, 20 min ago3.51 bp9.5 bp −$1013.7 bp −$13756.8 bp −$5,683doesn't fit
Sell QFEX live order book, 2 min ago1.76 bp10.3 bp −$1014.1 bp −$141doesn'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-USDshort−0.0001%1h28.4500.000%$1.2M$1.8M10x
Aster BMNRUSDT0.0000%8h28.463+0.045%$54K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.459+0.030%$39K$503K10xas long as short
Binance BMNRUSDT0.0000%8h28.464+0.048%$22.5M$54.7M25xas long as short
Bybit BMNRUSDT0.0000%8h28.469+0.067%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.480+0.105%$3.7M$6.0M20xas long as short
Gate BMNR_USDT0.0000%8h28.470+0.070%$4.1M$9.7M50xas long as short
Bitget BMNRUSDT0.0000%8h28.475+0.088%$2.0M$1.1M20xas long as short
Variational Omni BMNR0.0000%8h28.436−0.051%$317K$493Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.436−0.048%$6K$187K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h28.478+0.098%$1K$986K10xas long as short
HTX BMNR-USDT0.0000%8h28.465+0.053%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.460+0.035%$1.6M$1.5M10xas long as short
BloFin BMNR-USDTlong+0.0027%8h28.450long leg$213K$58K20x
Lighter BMNR+0.0032%1h28.446−0.014%$336K$24K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.480+0.105%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.400−0.176%$37K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.4500.000%$704K$767K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.4500.000%$25K$52K50xas long as short
tradeXYZ xyz:BMNR+0.0187%1h28.475+0.088%$968K$1.5M10xas long as short