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

BMNR

RWAall BMNR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin+0.036%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$702as in the Funding arb table
Net, price: spread back to 7d avg − costs−$700as in the Price arb table
costs, in and out, $10k−$7006.998% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.023%−$2 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.036%, 7d avg +0.034%
Together, before fees−0.022%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BMNRUSDTM27.8300.0100pay 0.0100% / 8h5h 50m$680K$808K20x
ShortBybit BMNRUSDT27.8400get 0.0000% / 8h5h 50m$3.3M$1.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.036% → +0.034%
$0.17
Slippage, 4 orders
−$676.82
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$720.65
Costs to cover
6.998%
Break-even
never at this rate
Slippage from KuCoin: live order book, 49 min ago; Bybit: live order book, 2 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 KuCoin live order book, 49 min ago26.85 bp364.8 bp −$365doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.77 bp23.5 bp −$23129.2 bp −$1,292doesn't fitdoesn't fit

BMNR on 19 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−0.0721%8h27.869+0.140%$2.0M$926K20xas long as short
Aster BMNRUSDT0.0000%8h27.878+0.171%$50K$100K20xas long as short
Extended BMNR-USD0.0000%1h27.852+0.081%$52K$634K10xas long as short
Binance BMNRUSDT0.0000%8h27.850+0.072%$22.1M$52.7M25xas long as short
Bybit BMNRUSDTshort0.0000%8h27.840+0.036%$3.3M$1.9M25x
OKX BMNR-USDT-SWAP0.0000%8h27.860+0.108%$3.6M$4.3M20xas long as short
Gate BMNR_USDT0.0000%8h27.850+0.072%$4.2M$9.5M50xas long as short
Variational Omni BMNR0.0000%8h27.820−0.037%$317K$497Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.801−0.103%$5K$177K10xas long as short
SunX BMNR-USDT0.0000%8h27.813−0.061%$1K$893K10xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.807−0.083%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.860+0.108%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0012%1h27.8300.000%$1.2M$1.3M10xas long as short
Lighter BMNR+0.0032%1h27.820−0.036%$350K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.810−0.072%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.816−0.050%$926K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.850+0.072%$36K$16K5xas long as short
KuCoin BMNRUSDTMlong+0.0100%8h27.830long leg$680K$808K20x
ApeX Omni BMNRUSDT+0.0100%1h27.790−0.144%$24K$29K50xas long as short