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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.028%
Price spread now: Extended against Bybit−0.070%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$710.705% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.274%+$27 on $10k
Price spread, last 4 days (all we have)−0.005%$0 · spread now −0.070%, 7d avg −0.021%
Together, before fees+0.270%+ Points / potential airdropExtended: Active · farm board+$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.049% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BMNRUSDT28.4850get 0.0000% / 8h36m 20s$3.4M$2.0M25x
ShortExtended BMNR-USD28.4650get 0.0000% / 1h36m 20s$40K$462K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: −0.070% → −0.021%
−$4.88
Slippage, 4 orders
−$54.51
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$75.4
Costs to cover
0.705%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Extended: live order book, 41 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 ago3.16 bp29.6 bp −$30123.1 bp −$1,231doesn't fitdoesn't fit
Sell Extended live order book, 41 min ago3.71 bp11.8 bp −$1282.3 bp −$823doesn'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
Aster BMNRUSDT0.0000%8h28.493+0.027%$54K$98K20xas long as short
Extended BMNR-USDshort0.0000%1h28.465−0.070%$40K$462K10x
Binance BMNRUSDT0.0000%8h28.470−0.053%$22.6M$55.3M25xas long as short
Bybit BMNRUSDTlong0.0000%8h28.485long leg$3.4M$2.0M25x
OKX BMNR-USDT-SWAP0.0000%8h28.480−0.018%$3.7M$6.1M20xas long as short
Gate BMNR_USDT0.0000%8h28.480−0.018%$3.8M$10.2M50xas long as short
Bitget BMNRUSDT0.0000%8h28.500+0.053%$2.0M$1.1M20xas long as short
Variational Omni BMNR0.0000%8h28.472−0.047%$318K$493Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.480−0.018%$5K$190K10xas long as short
SunX BMNR-USDT0.0000%8h28.477−0.028%$1K$1.0M10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h28.454−0.109%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.470−0.053%$1.6M$1.5M10xas long as short
BloFin BMNR-USDT+0.0002%8h28.470−0.053%$213K$58K20xas long as short
QFEX BMNR-USD+0.0004%1h28.480−0.018%$1.2M$1.8M10xas long as short
Lighter BMNR+0.0032%1h28.469−0.056%$337K$25K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.550+0.228%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.494+0.032%$954K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.440−0.158%$37K$26K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.470−0.053%$705K$775K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.480−0.018%$25K$82K50xas long as short