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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0193%/8h= −21.2% APRpaid last 24h +0.138%
Price spread now: tradeXYZ against KuCoin+0.054%7-day average +0.050% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.745%+$75 on $10k
Price spread, last 4 days (all we have)−0.229%−$23 · spread now +0.054%, 7d avg +0.050%
Together, before fees+0.516%+ Points / potential airdroptradeXYZ: Active · farm board+$52 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.745%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BMNRUSDTM27.8500.0100pay 0.0100% / 8h4h 58m$681K$790K20x
ShorttradeXYZ xyz:BMNR27.865−0.0093pay 0.0012% / 1h58m 55s$919K$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$40.58
Price spread: +0.054% → +0.050%
$0.39
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$70.19
Costs to cover
0.300%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 35 min ago; tradeXYZ: live order book, 9 min ago. Net counts fees only.

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, 35 min ago23.35 bp366.4 bp −$366doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 9 min ago0.36 bpdoesn't fitdoesn'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−0.0676%8h27.888+0.136%$1.9M$937K20xas long as short
tradeXYZ xyz:BMNRshort−0.0093%1h27.865+0.054%$919K$1.5M10x
Aster BMNRUSDT0.0000%8h27.868+0.066%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.864+0.049%$52K$632K10xas long as short
Binance BMNRUSDT0.0000%8h27.870+0.072%$22.1M$52.7M25xas long as short
Bybit BMNRUSDT0.0000%8h27.866+0.057%$3.3M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.890+0.144%$3.6M$4.3M20xas long as short
Gate BMNR_USDT0.0000%8h27.870+0.072%$4.2M$9.2M50xas long as short
Variational Omni BMNR0.0000%8h27.879+0.105%$325K$504Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.870+0.072%$6K$179K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.857+0.025%$1K$888K10xas long as short
HTX BMNR-USDT0.0000%8h27.884+0.122%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.880+0.108%$1.6M$1.5M10xas long as short
BloFin BMNR-USDT+0.0009%8h27.900+0.180%$211K$58K20xas long as short
QFEX BMNR-USD+0.0012%1h27.880+0.108%$1.2M$1.2M10xas long as short
Lighter BMNR+0.0032%1h27.882+0.115%$351K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.860+0.036%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.840−0.036%$36K$16K5xas long as short
KuCoin BMNRUSDTMlong+0.0100%8h27.850long leg$681K$790K20x
ApeX Omni BMNRUSDT+0.0100%1h27.870+0.072%$24K$29K50xas long as short