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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Aster−0.049%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$736as in the Funding arb table
Net, price: spread back to 7d avg − costs−$747as in the Price arb table
costs, in and out, $10k−$7517.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.158%+$16 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.049%, 7d avg −0.089%
Together, before fees+0.141%+ Points / potential airdropAster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.040% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BMNRUSDT27.4830get 0.0000% / 8h7m 52s$47K$101K20x
ShortKuCoin BMNRUSDTM27.4700.0100get 0.0100% / 8h7m 52s$669K$699K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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
$21
Price spread: −0.049% → −0.089%
$3.95
Slippage, 4 orders
−$731.41
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$726.45
Costs to cover
7.514%
Break-even
249.2 days
Slippage from Aster: live order book, 5 min ago; KuCoin: live order book, 66 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 Aster live order book, 5 min ago54.51 bp64.8 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 66 min ago10.90 bp351.8 bp −$352doesn'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−0.0451%8h27.520+0.133%$1.9M$1.3M20xas long as short
tradeXYZ xyz:BMNR−0.0388%1h27.483−0.002%$765K$1.5M10xas long as short
BloFin BMNR-USDT0.0000%8h27.500+0.060%$207K$51K20xas long as short
Aster BMNRUSDTlong0.0000%8h27.483long leg$47K$101K20x
Extended BMNR-USD0.0000%1h27.476−0.028%$57K$360K10xas long as short
Binance BMNRUSDT0.0000%8h27.480−0.013%$21.5M$51.2M25xas long as short
Bybit BMNRUSDT0.0000%8h27.476−0.027%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.500+0.060%$3.5M$3.9M20xas long as short
Gate BMNR_USDT0.0000%8h27.500+0.060%$4.1M$8.5M50xas long as short
Variational Omni BMNR0.0000%8h27.492+0.029%$213K$607Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BMNR_USDT_Perp0.0000%8h27.507+0.086%$6K$182K10xas long as short
SunX BMNR-USDT0.0000%8h27.504+0.075%$902$805K10xas long as short
HTX BMNR-USDT0.0000%8h27.489+0.020%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.500+0.060%$1.6M$1.4M10xas long as short
Vest BMNR-USD-PERP+0.0004%1h27.460−0.085%$36K25xas long as short
QFEX BMNR-USD+0.0010%1h27.500+0.060%$1.2M$1.0M10xas long as short
Lighter BMNR+0.0032%1h27.529+0.166%$344K$53K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.470−0.049%$36K$14K5xas long as short
KuCoin BMNRUSDTMshort+0.0100%8h27.470−0.049%$669K$699K20x
ApeX Omni BMNRUSDT+0.0100%1h27.470−0.049%$24K$23K50xas long as short