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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.057%
Price spread now: Phemex against Extended+0.043%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1341.337% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.410%−$41 on $10k
Price spread, last 3 days (all we have)−0.114%−$11 · spread now +0.043%, 7d avg +0.016%
Together, before fees−0.524%+ Points / potential airdropExtended: Active · farm board−$52 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: Phemex is 0.027% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BMNR-USD28.4580get 0.0000% / 1h35m 41s$40K$462K10x
ShortPhemex BMNRUSDT28.4700get 0.0000% / 8h35m 41s$1.6M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: +0.043% → +0.016%
$2.67
Slippage, 4 orders
−$116.73
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$131.06
Costs to cover
1.337%
Break-even
never at this rate
Slippage from Extended: live order book, 42 min ago; Phemex: 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 Extended live order book, 42 min ago3.71 bp11.6 bp −$1278.0 bp −$780doesn't fitdoesn't fit
Sell Phemex live order book, 2 min ago5.27 bp53.8 bp −$54doesn'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
Aster BMNRUSDT0.0000%8h28.488+0.105%$54K$98K20xas long as short
Extended BMNR-USDlong0.0000%1h28.458long leg$40K$462K10x
Binance BMNRUSDT0.0000%8h28.465+0.024%$22.6M$55.3M25xas long as short
Bybit BMNRUSDT0.0000%8h28.478+0.071%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.470+0.043%$3.7M$6.1M20xas long as short
Gate BMNR_USDT0.0000%8h28.470+0.043%$3.8M$10.2M50xas long as short
Bitget BMNRUSDT0.0000%8h28.486+0.099%$2.0M$1.1M20xas long as short
Variational Omni BMNR0.0000%8h28.472+0.049%$318K$493Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.480+0.078%$5K$190K10xas long as short
SunX BMNR-USDT0.0000%8h28.477+0.067%$1K$1.0M10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h28.454−0.014%$6K$40K20xas long as short
Phemex BMNRUSDTshort0.0000%8h28.470+0.043%$1.6M$1.5M10x
BloFin BMNR-USDT+0.0002%8h28.470+0.043%$213K$58K20xas long as short
QFEX BMNR-USD+0.0004%1h28.470+0.043%$1.2M$1.8M10xas long as short
Lighter BMNR+0.0032%1h28.467+0.032%$337K$25K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.550+0.324%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.489+0.109%$954K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.440−0.063%$37K$26K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.470+0.043%$706K$775K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.480+0.078%$25K$82K50xas long as short