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−0.0427%/8h= −46.8% APRnext payment $4.27 per $10,000 · paid last 24h −0.011%
Price spread now: Bitget against BloFin+0.044%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$800.797% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.398%−$40 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.044%, 7d avg +0.020%
Together, before fees−0.368%−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.023% dearer against BloFin than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of +0.020%): +$2 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.398% in total) that is about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BMNR-USDT27.510−0.0008get 0.0008% / 8h5m 03s$208K$62K20x
ShortBitget BMNRUSDT27.522−0.0435pay 0.0435% / 8h5m 03s$1.8M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
−$89.69
Price spread: +0.044% → +0.020%
$2.35
Slippage, 4 orders
−$55.75
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$167.09
Costs to cover
0.797%
Break-even
never at this rate
Slippage from BloFin: live order book, 66 min ago; Bitget: 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 BloFin live order book, 66 min ago5.45 bp11.4 bp −$1114.1 bp −$14154.1 bp −$5,407doesn't fit
Sell Bitget live order book, 2 min ago2.18 bp34.7 bp −$35doesn'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 BMNRUSDTshort−0.0435%8h27.522+0.044%$1.8M$1.3M20x
tradeXYZ xyz:BMNR−0.0373%1h27.472−0.138%$765K$1.5M10xas long as short
BloFin BMNR-USDTlong−0.0008%8h27.510long leg$208K$62K20x
Aster BMNRUSDT0.0000%8h27.506−0.016%$47K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.513+0.012%$57K$360K10xas long as short
Binance BMNRUSDT0.0000%8h27.520+0.036%$21.6M$51.3M25xas long as short
Bybit BMNRUSDT0.0000%8h27.520+0.036%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.5100.000%$3.5M$3.9M20xas long as short
Gate BMNR_USDT0.0000%8h27.5100.000%$4.1M$8.5M50xas long as short
Variational Omni BMNR0.0000%8h27.491−0.068%$213K$607Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BMNR_USDT_Perp0.0000%8h27.501−0.033%$6K$182K10xas long as short
SunX BMNR-USDT0.0000%8h27.492−0.065%$1K$806K10xas long as short
HTX BMNR-USDT0.0000%8h27.475−0.127%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.5100.000%$1.6M$1.4M10xas long as short
Vest BMNR-USD-PERP+0.0003%1h27.460−0.182%$36K25xas long as short
QFEX BMNR-USD+0.0010%1h27.500−0.036%$1.2M$1.0M10xas long as short
Lighter BMNR+0.0032%1h27.502−0.029%$343K$53K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.5100.000%$36K$14K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.490−0.073%$669K$699K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.470−0.145%$24K$23K50xas long as short