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 0.000%
Price spread now: Phemex against Bybit−0.007%53s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1541.541% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.135%−$14 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now −0.007%, 7d avg −0.001%
Together, before fees−0.202%−$20 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BMNRUSDT27.5820get 0.0000% / 8h47m 28s$3.2M$1.9M25x
ShortPhemex BMNRUSDT27.5800get 0.0000% / 8h47m 28s$1.6M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: −0.007% → −0.001%
−$0.67
Slippage, 4 orders
−$131.07
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$154.74
Costs to cover
1.541%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Phemex: live order book, 1 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, 5 min ago3.45 bp28.7 bp −$29144.2 bp −$1,442doesn't fitdoesn't fit
Sell Phemex live order book, 1 min ago5.44 bp55.5 bp −$56doesn'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−0.0605%8h27.589+0.025%$1.9M$1.3M20xas long as short
tradeXYZ xyz:BMNR−0.0387%1h27.548−0.123%$822K$1.6M10xas long as short
BloFin BMNR-USDT−0.0021%8h27.560−0.080%$208K$54K20xas long as short
Vest BMNR-USD-PERP−0.0003%1h27.540−0.152%$36K25xas long as short
Aster BMNRUSDT0.0000%8h27.577−0.020%$48K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.565−0.061%$58K$343K10xas long as short
Binance BMNRUSDT0.0000%8h27.589+0.026%$21.7M$51.8M25xas long as short
Bybit BMNRUSDTlong0.0000%8h27.582long leg$3.2M$1.9M25x
OKX BMNR-USDT-SWAP0.0000%8h27.600+0.065%$3.5M$4.1M20xas long as short
Gate BMNR_USDT0.0000%8h27.580−0.007%$4.1M$8.4M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BMNR0.0000%8h27.510−0.262%$213K$607Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.523−0.215%$5K$185K10xas long as short
SunX BMNR-USDT0.0000%8h27.583+0.004%$1K$827K10xas long as short
HTX BMNR-USDT0.0000%8h27.581−0.004%$6K$40K20xas long as short
Phemex BMNRUSDTshort0.0000%8h27.580−0.007%$1.6M$1.5M10x
QFEX BMNR-USD+0.0010%1h27.570−0.044%$1.2M$1.0M10xas long as short
Lighter BMNR+0.0032%1h27.587+0.018%$345K$50K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.520−0.225%$36K$14K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.560−0.080%$671K$710K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.570−0.044%$24K$29K50xas long as short