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

BMNR

RWAall BMNR markets
SwapBacktest
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: Gate against KuCoin+0.109%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$589as in the Funding arb table
Net, price: spread back to 7d avg − costs−$565as in the Price arb table
costs, in and out, $10k−$5735.728% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.158%−$16 on $10k
Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.109%, 7d avg +0.032%
Together, before fees−0.202%−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.076% dearer against KuCoin than usual: you sell high and buy low (spread +0.109% now, against its 7-day average of +0.032%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BMNRUSDTM27.6300.0100pay 0.0100% / 8h3h 05m$675K$754K20x
ShortGate BMNR_USDT27.6600get 0.0000% / 8h3h 05m$4.1M$9.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.109% → +0.032%
$7.65
Slippage, 4 orders
−$545.83
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$586.19
Costs to cover
5.728%
Break-even
never at this rate
Slippage from KuCoin: live order book, 19 min ago; Gate: live order book, 3 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, 19 min ago12.66 bp209.2 bp −$209doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago3.62 bp16.4 bp −$1657.6 bp −$576doesn'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−0.0663%8h27.705+0.271%$1.9M$921K20xas long as short
BloFin BMNR-USDT0.0000%8h27.650+0.072%$208K$52K20xas long as short
Aster BMNRUSDT0.0000%8h27.665+0.126%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.643+0.047%$57K$455K10xas long as short
Binance BMNRUSDT0.0000%8h27.650+0.072%$21.8M$52.3M25xas long as short
Bybit BMNRUSDT0.0000%8h27.653+0.083%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.660+0.109%$3.5M$4.1M20xas long as short
Gate BMNR_USDTshort0.0000%8h27.660+0.109%$4.1M$9.1M50x
Variational Omni BMNR0.0000%8h27.650+0.073%$311K$516Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.613−0.062%$6K$188K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.645+0.054%$959$865K10xas long as short
HTX BMNR-USDT0.0000%8h27.624−0.022%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.650+0.072%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0012%1h27.660+0.109%$1.2M$1.1M10xas long as short
Lighter BMNR+0.0032%1h27.657+0.098%$348K$52K10xas long as short
Vest BMNR-USD-PERP+0.0040%1h27.620−0.036%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.647+0.062%$910K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.620−0.036%$36K$15K5xas long as short
KuCoin BMNRUSDTMlong+0.0100%8h27.630long leg$675K$754K20x
ApeX Omni BMNRUSDT+0.0100%1h27.590−0.145%$24K$29K50xas long as short