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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.7% APRnext payment $0.24 per $10,000 · paid last 24h +0.074%
Price spread now: BloFin against SunX−0.088%55s7-day average +0.032% · 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 7 days+0.392%+$39 on $10k
Price spread, last 3 days (all we have)+0.096%+$10 · spread now −0.088%, 7d avg +0.032%
Together, before fees+0.488%+$49 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.120% cheaper against SunX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.032%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.392%, so the current rate has only just turned against you. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BMNR-USDT28.4650get 0.0000% / 8h13m 50s$993$1.0M10x
ShortBloFin BMNR-USDT28.440−0.0024pay 0.0024% / 8h13m 50s$213K$58K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
−$5.13
Price spread: −0.088% → +0.032%
−$11.99
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$37.12
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 19 min ago; BloFin: live order book, 56 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 SunX live order book, 19 min ago500.18 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 56 min ago3.54 bp9.5 bp −$1017.1 bp −$17158.7 bp −$5,869doesn'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
BloFin BMNR-USDTshort−0.0024%8h28.440−0.088%$213K$58K20x
Aster BMNRUSDT0.0000%8h28.476+0.038%$54K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.446−0.065%$40K$462K10xas long as short
Binance BMNRUSDT0.0000%8h28.450−0.053%$22.5M$55.4M25xas long as short
Bybit BMNRUSDT0.0000%8h28.458−0.025%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.480+0.053%$3.7M$6.1M20xas long as short
Gate BMNR_USDT0.0000%8h28.460−0.018%$3.9M$10.4M50xas long as short
Bitget BMNRUSDT0.0000%8h28.469+0.014%$2.0M$1.1M20xas long as short
Variational Omni BMNR0.0000%8h28.451−0.050%$317K$493Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.431−0.118%$5K$188K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDTlong0.0000%8h28.465long leg$993$1.0M10x
HTX BMNR-USDT0.0000%8h28.472+0.025%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.440−0.088%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0004%1h28.450−0.053%$1.2M$1.8M10xas long as short
Lighter BMNR+0.0032%1h28.444−0.074%$336K$25K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.490+0.088%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.440−0.088%$967K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.470+0.018%$37K$26K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.450−0.053%$704K$773K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.420−0.158%$25K$82K50xas long as short