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: KuCoin against Phemex−0.036%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$825as in the Funding arb table
Net, price: spread back to 7d avg − costs−$841as in the Price arb table
costs, in and out, $10k−$8418.410% 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)+0.536%+$54 · spread now −0.036%, 7d avg −0.034%
Together, before fees+0.694%+$69 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
LongPhemex BMNRUSDT27.8600get 0.0000% / 8h5h 23m$1.6M$1.5M10x
ShortKuCoin BMNRUSDTM27.8500.0100get 0.0100% / 8h5h 23m$681K$799K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.036% → −0.034%
−$0.15
Slippage, 4 orders
−$816.95
Fee Phemex: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$820.1
Costs to cover
8.410%
Break-even
280.4 days
Slippage from Phemex: live order book, 5 min ago; KuCoin: live order book, 11 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, 5 min ago3.59 bp52.0 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 11 min ago23.35 bp374.3 bp −$374doesn'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−0.0748%8h27.879+0.068%$1.9M$936K20xas long as short
BloFin BMNR-USDT−0.0001%8h27.8600.000%$168K$61K20xas long as short
Aster BMNRUSDT0.0000%8h27.837−0.083%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.861+0.003%$53K$632K10xas long as short
Binance BMNRUSDT0.0000%8h27.865+0.018%$22.1M$52.7M25xas long as short
Bybit BMNRUSDT0.0000%8h27.863+0.011%$3.3M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.880+0.072%$3.6M$4.3M20xas long as short
Gate BMNR_USDT0.0000%8h27.8600.000%$4.2M$9.6M50xas long as short
Variational Omni BMNR0.0000%8h27.849−0.038%$317K$497Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.840−0.072%$6K$177K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.840−0.072%$1K$889K10xas long as short
HTX BMNR-USDT0.0000%8h27.899+0.140%$5K$40K20xas long as short
Phemex BMNRUSDTlong0.0000%8h27.860long leg$1.6M$1.5M10x
QFEX BMNR-USD+0.0012%1h27.870+0.036%$1.2M$1.2M10xas long as short
Lighter BMNR+0.0032%1h27.850−0.036%$350K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.840−0.072%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.864+0.014%$927K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.850−0.036%$36K$16K5xas long as short
KuCoin BMNRUSDTMshort+0.0100%8h27.850−0.036%$681K$799K20x
ApeX Omni BMNRUSDT+0.0100%1h27.820−0.144%$24K$29K50xas long as short