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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0100%/8hnext payment $1.00 per $10,000 · paid last 24h −0.027%
Price spread now: Bitget against KuCoin+0.085%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$715as in the Funding arb table
Net, price: spread back to 7d avg − costs−$697as in the Price arb table
costs, in and out, $10k−$6996.989% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.162%−$16 on $10k
Price spread, last 3 days (all we have)−0.082%−$8 · spread now +0.085%, 7d avg +0.063%
Together, before fees−0.244%−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.022% dearer against KuCoin than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.063%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BMNRUSDTM28.0900.0100pay 0.0100% / 8h4h 16m$697K$688K20x
ShortBitget BMNRUSDT28.1140get 0.0000% / 8h4h 16m$2.0M$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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: +0.085% → +0.063%
$2.22
Slippage, 4 orders
−$674.88
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$717.66
Costs to cover
6.989%
Break-even
never at this rate
Slippage from KuCoin: live order book, 11 min ago; Bitget: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 11 min ago10.62 bp309.5 bp −$310doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, just now2.84 bp28.0 bp −$2846.2 bp −$462doesn'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
BloFin BMNR-USDT−0.0009%8h28.200+0.392%$214K$55K20xas long as short
Aster BMNRUSDT0.0000%8h28.101+0.041%$53K$96K20xas long as short
Extended BMNR-USD0.0000%1h28.102+0.042%$39K$462K10xas long as short
Binance BMNRUSDT0.0000%8h28.104+0.050%$23.0M$52.1M25xas long as short
Bybit BMNRUSDT0.0000%8h28.102+0.043%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.120+0.107%$3.6M$5.7M20xas long as short
Gate BMNR_USDT0.0000%8h28.110+0.071%$3.9M$10.2M50xas long as short
Bitget BMNRUSDTshort0.0000%8h28.114+0.085%$2.0M$1.1M20x
Variational Omni BMNR0.0000%8h28.206+0.413%$301K$373Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.275+0.660%$6K$192K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h28.119+0.103%$1K$1.0M10xas long as short
HTX BMNR-USDT0.0000%8h28.136+0.164%$5K$39K20xas long as short
Phemex BMNRUSDT0.0000%8h28.120+0.107%$1.6M$1.4M10xas long as short
QFEX BMNR-USD+0.0005%1h28.100+0.036%$1.2M$1.7M10xas long as short
Lighter BMNR+0.0032%1h28.134+0.157%$335K$24K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.170+0.285%$2K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.250+0.570%$37K$31K5xas long as short
KuCoin BMNRUSDTMlong+0.0100%8h28.090long leg$697K$688K20x
ApeX Omni BMNRUSDT+0.0100%1h28.180+0.320%$32K$169K50xas long as short
tradeXYZ xyz:BMNR+0.0185%1h28.095+0.018%$1.0M$1.4M10xas long as short