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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.030%
Price spread now: Bybit against Extended−0.025%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$640.643% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.275%−$27 on $10k
Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.025%, 7d avg +0.020%
Together, before fees−0.156%+ Points / potential airdropExtended: Active · farm board−$16 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: Bybit is 0.045% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BMNR-USD27.7230get 0.0000% / 1h37m 58s$53K$630K10x
ShortBybit BMNRUSDT27.7160get 0.0000% / 8h4h 37m$3.2M$2.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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: −0.025% → +0.020%
−$4.53
Slippage, 4 orders
−$48.29
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$68.82
Costs to cover
0.643%
Break-even
never at this rate
Slippage from Extended: live order book, 20 min ago; Bybit: live order book, 4 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 Extended live order book, 20 min ago3.60 bp12.6 bp −$1391.6 bp −$916doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago3.07 bp19.2 bp −$19102.3 bp −$1,023doesn'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−0.0738%8h27.744+0.076%$1.9M$936K20xas long as short
BloFin BMNR-USDT−0.0021%8h27.700−0.083%$210K$52K20xas long as short
Aster BMNRUSDT0.0000%8h27.720−0.010%$49K$101K20xas long as short
Extended BMNR-USDlong0.0000%1h27.723long leg$53K$630K10x
Binance BMNRUSDT0.0000%8h27.730+0.025%$22.0M$52.8M25xas long as short
Bybit BMNRUSDTshort0.0000%8h27.716−0.025%$3.2M$2.0M25x
OKX BMNR-USDT-SWAP0.0000%8h27.720−0.011%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.730+0.025%$4.2M$9.2M50xas long as short
Variational Omni BMNR0.0000%8h27.720−0.012%$323K$504Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.728+0.019%$6K$180K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.753+0.108%$1K$888K10xas long as short
HTX BMNR-USDT0.0000%8h27.731+0.029%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.720−0.011%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0018%1h27.720−0.011%$1.2M$1.2M10xas long as short
Lighter BMNR+0.0032%1h27.699−0.087%$348K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.680−0.155%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.724+0.003%$914K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.720−0.011%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.730+0.025%$678K$782K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.720−0.011%$24K$29K50xas long as short