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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h −0.005%
Price spread now: Aster against QFEX+0.124%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1471.472% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.015%−$1 on $10k
Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.124%, 7d avg +0.042%
Together, before fees−0.093%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Aster is 0.082% dearer against QFEX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BMNR-USD27.980−0.0016get 0.0002% / 1h44m 19s$1.2M$1.0M10x
ShortAster BMNRUSDT28.0150get 0.0000% / 8h4h 44m$48K$101K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against QFEX. 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
$3.44
Price spread: +0.124% → +0.042%
$8.23
Slippage, 4 orders
−$129.16
Fee QFEX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$135.48
Costs to cover
1.472%
Break-even
282.4 days
Slippage from QFEX: live order book, 5 min ago; Aster: live order book, 59 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 QFEX live order book, 5 min ago1.78 bp10.3 bp −$1013.9 bp −$139doesn't fitdoesn't fit
Sell Aster live order book, 59 min ago48.05 bp68.3 bp −$68doesn'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
QFEX BMNR-USDlong−0.0016%1h27.980long leg$1.2M$1.0M10x
Aster BMNRUSDTshort0.0000%8h28.015+0.124%$48K$101K20x
Extended BMNR-USD0.0000%1h28.001+0.073%$40K$374K10xas long as short
Binance BMNRUSDT0.0000%8h28.007+0.097%$21.7M$45.0M25xas long as short
Bybit BMNRUSDT0.0000%8h28.003+0.082%$3.2M$1.7M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.020+0.143%$3.6M$2.8M20xas long as short
Gate BMNR_USDT0.0000%8h28.000+0.071%$4.1M$7.3M50xas long as short
Bitget BMNRUSDT0.0000%8h28.015+0.125%$1.9M$1.2M20xas long as short
Variational Omni BMNR0.0000%8h27.968−0.043%$216K$391Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.056+0.272%$6K$162K10xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h28.018+0.136%$1K$597K10xas long as short
HTX BMNR-USDT0.0000%8h28.067+0.311%$6K$39K20xas long as short
Phemex BMNRUSDT0.0000%8h27.990+0.036%$1.6M$1.4M10xas long as short
BloFin BMNR-USDT+0.0009%8h28.000+0.071%$219K$60K20xas long as short
Lighter BMNR+0.0032%1h28.015+0.125%$352K$55K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.000+0.071%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.030+0.179%$37K$11K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.000+0.071%$681K$805K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.990+0.036%$25K$23K50xas long as short
tradeXYZ xyz:BMNR+0.0350%1h28.016+0.129%$1.0M$1.5M10xas long as short