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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0406%/8h= −44.5% APRpaid last 24h +0.120%
Price spread now: tradeXYZ against SunX−0.149%7-day average +0.029% · 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+0.900%+$90 on $10k
Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.149%, 7d avg +0.029%
Together, before fees+1.052%+ Points / potential airdroptradeXYZ: Active · farm board+$105 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and tradeXYZ is 0.178% cheaper against SunX than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.029%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.900%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BMNR-USDT27.5160get 0.0000% / 8h30m 53s$1K$816K10x
ShorttradeXYZ xyz:BMNR27.475−0.0406pay 0.0051% / 1h30m 53s$811K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$85.29
Price spread: −0.149% → +0.029%
−$17.83
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$129.12
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 32 min ago; tradeXYZ: live order book, 7 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, 32 min ago500.22 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 7 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−0.0530%8h27.533+0.062%$1.8M$1.3M20xas long as short
tradeXYZ xyz:BMNRshort−0.0406%1h27.475−0.149%$811K$1.6M10x
Aster BMNRUSDT0.0000%8h27.517+0.003%$47K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.503−0.049%$58K$357K10xas long as short
Binance BMNRUSDT0.0000%8h27.510−0.022%$21.6M$51.5M25xas long as short
Bybit BMNRUSDT0.0000%8h27.503−0.047%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.520+0.015%$3.5M$4.1M20xas long as short
Gate BMNR_USDT0.0000%8h27.510−0.022%$4.1M$8.5M50xas long as short
Variational Omni BMNR0.0000%8h27.500−0.059%$213K$607Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.500−0.058%$5K$185K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDTlong0.0000%8h27.516long leg$1K$816K10x
HTX BMNR-USDT0.0000%8h27.504−0.044%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.510−0.022%$1.6M$1.5M10xas long as short
BloFin BMNR-USDT+0.0001%8h27.490−0.094%$207K$54K20xas long as short
Vest BMNR-USD-PERP+0.0007%1h27.470−0.167%$36K25xas long as short
QFEX BMNR-USD+0.0010%1h27.510−0.022%$1.2M$1.0M10xas long as short
Lighter BMNR+0.0032%1h27.528+0.044%$344K$50K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.460−0.204%$36K$14K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.490−0.094%$670K$703K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.500−0.058%$24K$29K50xas long as short