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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.162%
Price spread now: tradeXYZ against QFEX−0.061%7-day average +0.009% · you buy dearer than you sell
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 4 days (all we have)+0.532%+$53 on $10k
Price spread, last 7 days+0.300%+$30 · spread now −0.061%, 7d avg +0.009%
Together, before fees+0.832%+ Points / potential airdroptradeXYZ: Active · farm board+$83 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.070% cheaper against QFEX than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.009%). If the spread goes back, that is −$7 on $10k: about 6.2 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.532% in total) that is about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BMNR-USD27.8800.0012pay 0.0002% / 1h0m 58s$1.2M$1.2M10x
ShorttradeXYZ xyz:BMNR27.8630.0050get 0.0006% / 1h0m 58s$919K$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$7.93
Price spread: −0.061% → +0.009%
−$6.99
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$27.06
Costs to cover
0.280%
Break-even
30.9 days
Slippage unknown: QFEX: live order book, 5 min ago; tradeXYZ: live order book, 6 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 QFEX live order book, 5 min ago1.80 bp10.4 bp −$1014.7 bp −$147doesn't fitdoesn't fit
Sell tradeXYZ live order book, 6 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−0.0682%8h27.899+0.068%$1.9M$934K20xas long as short
BloFin BMNR-USDT−0.0006%8h27.870−0.036%$210K$58K20xas long as short
Aster BMNRUSDT0.0000%8h27.865−0.054%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.879−0.002%$52K$632K10xas long as short
Binance BMNRUSDT0.0000%8h27.898+0.066%$22.2M$52.7M25xas long as short
Bybit BMNRUSDT0.0000%8h27.881+0.004%$3.3M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.900+0.072%$3.6M$4.3M20xas long as short
Gate BMNR_USDT0.0000%8h27.890+0.036%$4.2M$9.6M50xas long as short
Variational Omni BMNR0.0000%8h27.879−0.003%$325K$504Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.860−0.072%$6K$178K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.857−0.082%$1K$888K10xas long as short
HTX BMNR-USDT0.0000%8h27.856−0.086%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.8800.000%$1.6M$1.5M10xas long as short
QFEX BMNR-USDlong+0.0012%1h27.880long leg$1.2M$1.2M10x
Lighter BMNR+0.0032%1h27.881+0.004%$351K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.860−0.072%$36K25xas long as short
tradeXYZ xyz:BMNRshort+0.0050%1h27.863−0.061%$919K$1.5M10x
Ondo Perps BMNR-USD.P+0.0050%1h27.840−0.143%$36K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.840−0.143%$681K$790K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.850−0.108%$24K$29K50xas long as short