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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.016%
Price spread now: Extended against Phemex−0.043%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1351.352% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.410%+$41 on $10k
Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.043%, 7d avg −0.016%
Together, before fees+0.561%+ Points / potential airdropExtended: Active · farm board+$56 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.027% cheaper against Phemex than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex BMNRUSDT28.0800get 0.0000% / 8h5h 44m$1.6M$1.4M10x
ShortExtended BMNR-USD28.0680get 0.0000% / 1h44m 14s$39K$373K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Phemex. 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
$0
Price spread: −0.043% → −0.016%
−$2.69
Slippage, 4 orders
−$118.16
Fee Phemex: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$137.85
Costs to cover
1.352%
Break-even
never at this rate
Slippage from Phemex: live order book, 2 min ago; Extended: live order book, 66 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 Phemex live order book, 2 min ago5.34 bp50.3 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 66 min ago4.49 bp14.2 bp −$1498.4 bp −$984doesn'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%8h28.054−0.093%$48K$101K20xas long as short
Extended BMNR-USDshort0.0000%1h28.068−0.043%$39K$373K10x
Binance BMNRUSDT0.0000%8h28.076−0.013%$21.9M$45.0M25xas long as short
Bybit BMNRUSDT0.0000%8h28.073−0.025%$3.2M$1.7M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.120+0.142%$3.6M$2.9M20xas long as short
Gate BMNR_USDT0.0000%8h28.070−0.036%$4.1M$7.5M50xas long as short
Bitget BMNRUSDT0.0000%8h28.086+0.021%$1.9M$1.2M20xas long as short
Variational Omni BMNR0.0000%8h28.068−0.043%$217K$464Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.0800.000%$6K$163K10xas long as short
SunX BMNR-USDT0.0000%8h28.073−0.025%$1K$621K10xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h28.081+0.004%$6K$40K20xas long as short
Phemex BMNRUSDTlong0.0000%8h28.080long leg$1.6M$1.4M10x
BloFin BMNR-USDT+0.0014%8h28.070−0.036%$216K$60K20xas long as short
Lighter BMNR+0.0032%1h28.104+0.085%$353K$58K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.070−0.036%$36K25xas long as short
QFEX BMNR-USD+0.0049%1h28.050−0.107%$1.2M$951K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.020−0.214%$36K$10K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.050−0.107%$683K$758K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.060−0.071%$25K$23K50xas long as short
tradeXYZ xyz:BMNR+0.0252%1h28.085+0.018%$1.0M$1.5M10xas long as short