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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Bybit against Binance+0.021%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$600.604% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.262%−$26 on $10k
Price spread, last 2 days (all we have)+0.003%$0 · spread now +0.021%, 7d avg +0.010%
Together, before fees−0.259%−$26 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BMNRUSDT28.4300get 0.0000% / 8h7h 50m$22.5M$55.1M25x
ShortBybit BMNRUSDT28.4360get 0.0000% / 8h7h 50m$3.4M$2.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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
$0
Price spread: +0.021% → +0.010%
$1.08
Slippage, 4 orders
−$39.44
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$59.35
Costs to cover
0.604%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 2 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 Binance live order book, 7 min ago1.76 bp10.2 bp −$1022.8 bp −$228155.7 bp −$15.6Kdoesn't fit
Sell Bybit live order book, 2 min ago2.64 bp25.8 bp −$26140.5 bp −$1,405doesn'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
QFEX BMNR-USD−0.0001%1h28.4300.000%$1.2M$1.8M10xas long as short
Aster BMNRUSDT0.0000%8h28.451+0.072%$54K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.426−0.014%$39K$478K10xas long as short
Binance BMNRUSDTlong0.0000%8h28.430long leg$22.5M$55.1M25x
Bybit BMNRUSDTshort0.0000%8h28.436+0.021%$3.4M$2.0M25x
OKX BMNR-USDT-SWAP0.0000%8h28.450+0.070%$3.6M$6.1M20xas long as short
Gate BMNR_USDT0.0000%8h28.440+0.035%$4.1M$9.6M50xas long as short
Bitget BMNRUSDT0.0000%8h28.427−0.011%$2.0M$1.1M20xas long as short
Variational Omni BMNR0.0000%8h28.411−0.068%$317K$493Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.447+0.058%$6K$186K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h28.450+0.070%$819$997K10xas long as short
HTX BMNR-USDT0.0000%8h28.422−0.028%$5K$39K20xas long as short
Phemex BMNRUSDT0.0000%8h28.420−0.035%$1.6M$1.5M10xas long as short
BloFin BMNR-USDT+0.0025%8h28.420−0.035%$212K$58K20xas long as short
Lighter BMNR+0.0032%1h28.433+0.011%$336K$24K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.450+0.070%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.390−0.141%$37K$16K5xas long as short
tradeXYZ xyz:BMNR+0.0052%1h28.440+0.035%$967K$1.5M10xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.4300.000%$704K$768K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.440+0.035%$25K$57K50xas long as short