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+0.0006%/8h= +0.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.011%
Price spread now: BloFin against Gate−0.108%78s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$650.653% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.395%+$39 on $10k
Price spread, last 4 days (all we have)−0.122%−$12 · spread now −0.108%, 7d avg +0.021%
Together, before fees+0.272%+$27 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: BloFin is 0.130% cheaper against Gate than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.021%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BMNR_USDT27.6600get 0.0000% / 8h3h 17m$4.1M$9.1M50x
ShortBloFin BMNR-USDT27.6300.0006get 0.0006% / 8h3h 17m$208K$52K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$1.32
Price spread: −0.108% → +0.021%
−$12.97
Slippage, 4 orders
−$38.34
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$76.99
Costs to cover
0.653%
Break-even
414.5 days
Slippage from Gate: live order book, 1 min ago; BloFin: live order book, 3 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 Gate live order book, 1 min ago3.61 bp17.8 bp −$1888.5 bp −$885doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago5.42 bp13.7 bp −$1424.1 bp −$24172.5 bp −$7,252doesn'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−0.0626%8h27.684+0.087%$1.9M$920K20xas long as short
Aster BMNRUSDT0.0000%8h27.667+0.025%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.653−0.026%$57K$622K10xas long as short
Binance BMNRUSDT0.0000%8h27.672+0.044%$21.9M$52.3M25xas long as short
Bybit BMNRUSDT0.0000%8h27.650−0.036%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.690+0.108%$3.5M$4.1M20xas long as short
Gate BMNR_USDTlong0.0000%8h27.660long leg$4.1M$9.1M50x
Variational Omni BMNR0.0000%8h27.665+0.019%$322K$504Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.676+0.056%$5K$188K10xas long as short
SunX BMNR-USDT0.0000%8h27.641−0.069%$1K$866K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.657−0.011%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.670+0.036%$1.6M$1.5M10xas long as short
BloFin BMNR-USDTshort+0.0006%8h27.630−0.108%$208K$52K20x
QFEX BMNR-USD+0.0012%1h27.630−0.108%$1.2M$1.1M10xas long as short
Lighter BMNR+0.0032%1h27.661+0.004%$348K$52K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.610−0.181%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.661+0.004%$911K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.620−0.145%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.650−0.036%$675K$758K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.650−0.036%$24K$29K50xas long as short