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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against OKX−0.178%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$813as in the Funding arb table
Net, price: spread back to 7d avg − costs−$808as in the Price arb table
costs, in and out, $10k−$7987.984% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.148%−$15 on $10k
Price spread, last 4 days (all we have)+0.152%+$15 · spread now −0.178%, 7d avg −0.081%
Together, before fees+0.004%$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.097% cheaper against OKX than usual: you would sell low and buy high (spread −0.178% now, against its 7-day average of −0.081%). If the spread goes back, that is −$10 on $10k: about 3.2 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.148%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BMNR-USDT-SWAP28.1300get 0.0000% / 8h5h 42m$3.6M$2.9M20x
ShortKuCoin BMNRUSDTM28.0800.0100get 0.0100% / 8h5h 42m$684K$759K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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: −0.178% → −0.081%
−$9.67
Slippage, 4 orders
−$776.42
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$787.09
Costs to cover
7.984%
Break-even
269.4 days
Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 63 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 OKX live order book, 3 min ago1.78 bp15.7 bp −$16146.1 bp −$1,461doesn't fitdoesn't fit
Sell KuCoin live order book, 63 min ago16.17 bp355.9 bp −$356doesn't fitdoesn't fitdoesn't fit

BMNR on 20 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BMNRUSDT0.0000%8h28.077−0.187%$48K$101K20xas long as short
Extended BMNR-USD0.0000%1h28.103−0.096%$39K$373K10xas long as short
Binance BMNRUSDT0.0000%8h28.110−0.069%$21.9M$44.9M25xas long as short
Bybit BMNRUSDT0.0000%8h28.115−0.053%$3.2M$1.7M25xas long as short
OKX BMNR-USDT-SWAPlong0.0000%8h28.130long leg$3.6M$2.9M20x
Gate BMNR_USDT0.0000%8h28.090−0.142%$4.1M$7.5M50xas long as short
Bitget BMNRUSDT0.0000%8h28.127−0.011%$1.9M$1.2M20xas long as short
Variational Omni BMNR0.0000%8h28.068−0.221%$217K$464Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.080−0.178%$6K$163K10xas long as short
SunX BMNR-USDT0.0000%8h28.083−0.167%$1K$620K10xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h28.094−0.128%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.080−0.178%$1.6M$1.4M10xas long as short
BloFin BMNR-USDT+0.0005%8h28.090−0.142%$217K$60K20xas long as short
Lighter BMNR+0.0032%1h28.098−0.114%$353K$58K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.060−0.249%$36K25xas long as short
QFEX BMNR-USD+0.0049%1h28.060−0.249%$1.2M$952K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.020−0.391%$36K$10K5xas long as short
KuCoin BMNRUSDTMshort+0.0100%8h28.080−0.178%$684K$759K20x
ApeX Omni BMNRUSDT+0.0100%1h28.060−0.249%$25K$23K50xas long as short
tradeXYZ xyz:BMNR+0.0244%1h28.125−0.018%$1.0M$1.5M10xas long as short