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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −0.157%
Price spread now: BloFin against tradeXYZ+0.018%88s7-day average −0.005% · you sell dearer than you buy
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−0.509%−$51 on $10k
Price spread, last 4 days (all we have)−0.391%−$39 · spread now +0.018%, 7d avg −0.005%
Together, before fees−0.900%+ Points / potential airdroptradeXYZ: Active · farm board−$90 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.023% dearer against tradeXYZ than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.005%. Mind the row above: over the last 7 days funding on this pair cost −0.509%, so the current rate has only just turned in your favour. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BMNR27.865−0.0039get 0.0005% / 1h59m 42s$919K$1.5M10x
ShortBloFin BMNR-USDT27.870−0.0006pay 0.0006% / 8h4h 59m$210K$58K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against tradeXYZ. 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
$6.96
Price spread: +0.018% → −0.005%
$2.28
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$20.77
Costs to cover
0.300%
Break-even
27.9 days
Slippage unknown: tradeXYZ: live order book, 8 min ago; BloFin: live order book, 38 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 tradeXYZ live order book, 8 min ago0.36 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 38 min ago5.39 bp11.4 bp −$1119.2 bp −$19280.5 bp −$8,051doesn'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−0.0676%8h27.888+0.083%$1.9M$936K20xas long as short
tradeXYZ xyz:BMNRlong−0.0039%1h27.865long leg$919K$1.5M10x
BloFin BMNR-USDTshort−0.0006%8h27.870+0.018%$210K$58K20x
Aster BMNRUSDT0.0000%8h27.870+0.020%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.875+0.037%$52K$632K10xas long as short
Binance BMNRUSDT0.0000%8h27.884+0.069%$22.1M$52.7M25xas long as short
Bybit BMNRUSDT0.0000%8h27.874+0.032%$3.3M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.890+0.090%$3.6M$4.3M20xas long as short
Gate BMNR_USDT0.0000%8h27.880+0.054%$4.2M$9.2M50xas long as short
Variational Omni BMNR0.0000%8h27.879+0.051%$325K$504Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BMNR_USDT_Perp0.0000%8h27.860−0.018%$6K$178K10xas long as short
SunX BMNR-USDT0.0000%8h27.857−0.029%$1K$888K10xas long as short
HTX BMNR-USDT0.0000%8h27.856−0.032%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.890+0.090%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0012%1h27.880+0.054%$1.2M$1.2M10xas long as short
Lighter BMNR+0.0032%1h27.882+0.061%$351K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.860−0.018%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.840−0.090%$36K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.860−0.018%$681K$790K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.850−0.054%$24K$29K50xas long as short