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: Binance against Bybit+0.019%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$610.611% 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 7 days−0.022%−$2 · spread now +0.019%, 7d avg +0.007%
Together, before fees+0.240%+$24 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BMNRUSDT27.4970get 0.0000% / 8h10m 40s$3.2M$1.9M25x
ShortBinance BMNRUSDT27.5020get 0.0000% / 8h10m 40s$21.5M$51.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: +0.019% → +0.007%
$1.17
Slippage, 4 orders
−$40.05
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$59.88
Costs to cover
0.611%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: 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 Bybit live order book, 2 min ago2.36 bp21.0 bp −$21128.9 bp −$1,289doesn't fitdoesn't fit
Sell Binance live order book, 2 min ago3.63 bp9.4 bp −$931.5 bp −$315103.4 bp −$10.3Kdoesn'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−0.0461%8h27.525+0.102%$1.9M$1.3M20xas long as short
tradeXYZ xyz:BMNR−0.0401%1h27.469−0.102%$765K$1.5M10xas long as short
BloFin BMNR-USDT−0.0029%8h27.510+0.047%$207K$51K20xas long as short
Aster BMNRUSDT0.0000%8h27.493−0.016%$47K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.483−0.049%$57K$360K10xas long as short
Binance BMNRUSDTshort0.0000%8h27.502+0.019%$21.5M$51.2M25x
Bybit BMNRUSDTlong0.0000%8h27.497long leg$3.2M$1.9M25x
OKX BMNR-USDT-SWAP0.0000%8h27.510+0.047%$3.5M$3.9M20xas long as short
Gate BMNR_USDT0.0000%8h27.490−0.025%$4.1M$8.5M50xas long as short
Variational Omni BMNR0.0000%8h27.492−0.020%$213K$607Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BMNR_USDT_Perp0.0000%8h27.524+0.097%$6K$182K10xas long as short
SunX BMNR-USDT0.0000%8h27.500+0.011%$894$806K10xas long as short
HTX BMNR-USDT0.0000%8h27.546+0.178%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.510+0.047%$1.6M$1.4M10xas long as short
Vest BMNR-USD-PERP+0.0005%1h27.460−0.135%$36K25xas long as short
QFEX BMNR-USD+0.0010%1h27.490−0.025%$1.2M$1.0M10xas long as short
Lighter BMNR+0.0032%1h27.498+0.004%$343K$51K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.530+0.120%$36K$14K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.470−0.098%$670K$698K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.500+0.011%$24K$23K50xas long as short