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−0.0007%/8h= −0.8% APRnext payment $0.07 per $10,000 · paid last 24h +0.071%
Price spread now: BloFin against Bitget+0.007%55s7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$690.694% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.396%+$40 on $10k
Price spread, last 3 days (all we have)−0.133%−$13 · spread now +0.007%, 7d avg −0.015%
Together, before fees+0.263%+$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.022% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.015%. 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
LongBitget BMNRUSDT28.4880get 0.0000% / 8h42m 18s$2.0M$1.1M20x
ShortBloFin BMNR-USDT28.490−0.0007pay 0.0007% / 8h42m 18s$211K$58K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
−$1.53
Price spread: +0.007% → −0.015%
$2.21
Slippage, 4 orders
−$45.39
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$68.71
Costs to cover
0.694%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 28 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 Bitget live order book, 5 min ago1.75 bp18.0 bp −$1823.2 bp −$232127.1 bp −$12.7Kdoesn't fit
Sell BloFin live order book, 28 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−0.0007%8h28.490+0.007%$211K$58K20x
Aster BMNRUSDT0.0000%8h28.508+0.070%$54K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.465−0.081%$40K$462K10xas long as short
Binance BMNRUSDT0.0000%8h28.470−0.063%$22.6M$55.3M25xas long as short
Bybit BMNRUSDT0.0000%8h28.490+0.007%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.480−0.028%$3.7M$6.1M20xas long as short
Gate BMNR_USDT0.0000%8h28.490+0.007%$3.8M$10.2M50xas long as short
Bitget BMNRUSDTlong0.0000%8h28.488long leg$2.0M$1.1M20x
Variational Omni BMNR0.0000%8h28.471−0.058%$317K$493Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.507+0.065%$5K$190K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h28.469−0.067%$985$1.0M10xas long as short
HTX BMNR-USDT0.0000%8h28.522+0.119%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.460−0.098%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0004%1h28.480−0.028%$1.2M$1.8M10xas long as short
Lighter BMNR+0.0032%1h28.474−0.049%$337K$25K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.540+0.183%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.509+0.074%$955K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.490+0.007%$37K$26K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.480−0.028%$705K$778K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.500+0.042%$25K$82K50xas long as short