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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.006%
Price spread now: KuCoin against Extended−0.061%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$792as in the Funding arb table
Net, price: spread back to 7d avg − costs−$771as in the Price arb table
costs, in and out, $10k−$7667.664% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.252%−$25 on $10k
Price spread, last 4 days (all we have)+0.281%+$28 · spread now −0.061%, 7d avg −0.014%
Together, before fees+0.029%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.047% cheaper against Extended than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of −0.014%). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.252%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BMNR-USD27.8570get 0.0000% / 1h24m 20s$53K$632K10x
ShortKuCoin BMNRUSDTM27.8400.0100get 0.0100% / 8h5h 24m$681K$800K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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
$21
Price spread: −0.061% → −0.014%
−$4.73
Slippage, 4 orders
−$749.44
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$750.17
Costs to cover
7.664%
Break-even
257.1 days
Slippage from Extended: live order book, 39 min ago; KuCoin: live order book, 10 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 Extended live order book, 39 min ago4.31 bp12.7 bp −$1379.3 bp −$793doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago23.35 bp374.3 bp −$374doesn't fitdoesn'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−0.0751%8h27.875+0.065%$1.9M$936K20xas long as short
Aster BMNRUSDT0.0000%8h27.823−0.124%$49K$101K20xas long as short
Extended BMNR-USDlong0.0000%1h27.857long leg$53K$632K10x
Binance BMNRUSDT0.0000%8h27.870+0.047%$22.1M$52.7M25xas long as short
Bybit BMNRUSDT0.0000%8h27.862+0.018%$3.3M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.870+0.047%$3.6M$4.3M20xas long as short
Gate BMNR_USDT0.0000%8h27.860+0.011%$4.2M$9.6M50xas long as short
Variational Omni BMNR0.0000%8h27.849−0.028%$317K$497Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.840−0.061%$6K$177K10xas long as short
SunX BMNR-USDT0.0000%8h27.840−0.061%$1K$889K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.848−0.032%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.870+0.047%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0012%1h27.840−0.061%$1.2M$1.2M10xas long as short
BloFin BMNR-USDT+0.0027%8h27.840−0.061%$168K$61K20xas long as short
Lighter BMNR+0.0032%1h27.829−0.101%$350K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.850−0.025%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.875+0.065%$927K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.850−0.025%$36K$16K5xas long as short
KuCoin BMNRUSDTMshort+0.0100%8h27.840−0.061%$681K$800K20x
ApeX Omni BMNRUSDT+0.0100%1h27.810−0.169%$24K$29K50xas long as short