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+0.0014%/8h= +1.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.010%
Price spread now: BloFin against Bybit+0.004%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$690.694% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.258%+$26 on $10k
Price spread, last 4 days (all we have)−0.206%−$21 · spread now +0.004%, 7d avg +0.016%
Together, before fees+0.052%+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BMNRUSDT28.0690get 0.0000% / 8h5h 44m$3.2M$1.7M25x
ShortBloFin BMNR-USDT28.0700.0014get 0.0014% / 8h5h 44m$216K$60K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$2.86
Price spread: +0.004% → +0.016%
−$1.22
Slippage, 4 orders
−$46.37
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$67.72
Costs to cover
0.694%
Break-even
172.5 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 61 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, 1 min ago4.45 bp19.2 bp −$19127.8 bp −$1,278doesn't fitdoesn't fit
Sell BloFin live order book, 61 min ago5.39 bp17.8 bp −$1824.3 bp −$24387.5 bp −$8,753doesn't fit

BMNR on 20 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BMNRUSDT0.0000%8h28.053−0.057%$48K$101K20xas long as short
Extended BMNR-USD0.0000%1h28.061−0.029%$39K$373K10xas long as short
Binance BMNRUSDT0.0000%8h28.060−0.032%$21.9M$45.0M25xas long as short
Bybit BMNRUSDTlong0.0000%8h28.069long leg$3.2M$1.7M25x
OKX BMNR-USDT-SWAP0.0000%8h28.090+0.075%$3.6M$2.9M20xas long as short
Gate BMNR_USDT0.0000%8h28.070+0.004%$4.1M$7.5M50xas long as short
Bitget BMNRUSDT0.0000%8h28.084+0.053%$1.9M$1.2M20xas long as short
Variational Omni BMNR0.0000%8h28.068−0.004%$217K$464Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.080+0.039%$6K$163K10xas long as short
SunX BMNR-USDT0.0000%8h28.073+0.014%$1K$623K10xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h28.081+0.043%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.080+0.039%$1.6M$1.4M10xas long as short
BloFin BMNR-USDTshort+0.0014%8h28.070+0.004%$216K$60K20x
Lighter BMNR+0.0032%1h28.104+0.125%$353K$58K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.070+0.004%$36K25xas long as short
QFEX BMNR-USD+0.0049%1h28.050−0.068%$1.2M$951K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.020−0.175%$36K$10K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.060−0.032%$683K$758K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.060−0.032%$25K$23K50xas long as short
tradeXYZ xyz:BMNR+0.0252%1h28.085+0.057%$1.0M$1.5M10xas long as short