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: Binance against Bybit+0.002%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$750.752% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.262%+$26 on $10k
Price spread, last 7 days+0.010%+$1 · spread now +0.002%, 7d avg +0.008%
Together, before fees+0.273%+$27 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BMNRUSDT27.5280get 0.0000% / 8h1h 51m$3.2M$2.0M25x
ShortBinance BMNRUSDT27.5290get 0.0000% / 8h1h 51m$21.6M$53.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: +0.002% → +0.008%
−$0.52
Slippage, 4 orders
−$54.19
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$75.71
Costs to cover
0.752%
Break-even
never at this rate
Slippage from Bybit: live order book, 6 min ago; Binance: live order book, 6 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 Bybit live order book, 6 min ago3.80 bp19.6 bp −$20128.3 bp −$1,283doesn't fitdoesn't fit
Sell Binance live order book, 6 min ago3.63 bp9.7 bp −$1025.3 bp −$253128.8 bp −$12.9Kdoesn'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−0.0768%8h27.556+0.102%$1.8M$1.3M20xas long as short
Vest BMNR-USD-PERP−0.0004%1h27.480−0.174%$36K25xas long as short
Aster BMNRUSDT0.0000%8h27.546+0.065%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.512−0.060%$57K$498K10xas long as short
Binance BMNRUSDTshort0.0000%8h27.529+0.002%$21.6M$53.0M25x
Bybit BMNRUSDTlong0.0000%8h27.528long leg$3.2M$2.0M25x
OKX BMNR-USDT-SWAP0.0000%8h27.540+0.044%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.540+0.044%$4.1M$8.6M50xas long as short
Variational Omni BMNR0.0000%8h27.580+0.190%$224K$607Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.547+0.069%$6K$190K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.550+0.080%$1K$864K10xas long as short
HTX BMNR-USDT0.0000%8h27.484−0.160%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.540+0.044%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0019%1h27.510−0.065%$1.2M$1.1M10xas long as short
BloFin BMNR-USDT+0.0027%8h27.560+0.116%$206K$52K20xas long as short
Lighter BMNR+0.0032%1h27.545+0.062%$344K$52K10xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.511−0.062%$905K$1.4M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.520−0.029%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.530+0.007%$672K$731K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.530+0.007%$24K$29K50xas long as short