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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against KuCoin+0.107%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$729as in the Funding arb table
Net, price: spread back to 7d avg − costs−$705as in the Price arb table
costs, in and out, $10k−$7137.127% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.158%−$16 on $10k
Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.107%, 7d avg +0.031%
Together, before fees−0.220%−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.077% dearer against KuCoin than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.031%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BMNRUSDTM27.9300.0100pay 0.0100% / 8h6h 35m$683K$803K20x
ShortGate BMNR_USDT27.9600get 0.0000% / 8h6h 35m$4.2M$9.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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
−$21
Price spread: +0.107% → +0.031%
$7.67
Slippage, 4 orders
−$685.72
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$726.05
Costs to cover
7.127%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Gate: 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 KuCoin live order book, 4 min ago26.85 bp364.8 bp −$365doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago7.15 bp39.5 bp −$3989.2 bp −$892doesn'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−0.0347%8h27.964+0.122%$2.0M$992K20xas long as short
Aster BMNRUSDT0.0000%8h27.960+0.107%$50K$100K20xas long as short
Extended BMNR-USD0.0000%1h27.943+0.045%$38K$617K10xas long as short
Binance BMNRUSDT0.0000%8h27.940+0.036%$22.4M$53.9M25xas long as short
Bybit BMNRUSDT0.0000%8h27.945+0.054%$3.3M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.960+0.107%$3.6M$4.8M20xas long as short
Gate BMNR_USDTshort0.0000%8h27.960+0.107%$4.2M$9.6M50x
Variational Omni BMNR0.0000%8h27.951+0.074%$312K$491Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.980+0.179%$6K$179K10xas long as short
SunX BMNR-USDT0.0000%8h27.964+0.122%$1K$944K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.947+0.061%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.950+0.072%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0002%1h27.950+0.072%$1.2M$1.4M10xas long as short
BloFin BMNR-USDT+0.0017%8h28.000+0.251%$213K$62K20xas long as short
Lighter BMNR+0.0032%1h27.935+0.018%$351K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.920−0.036%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.920−0.036%$36K$18K5xas long as short
KuCoin BMNRUSDTMlong+0.0100%8h27.930long leg$683K$803K20x
ApeX Omni BMNRUSDT+0.0100%1h27.940+0.036%$24K$45K50xas long as short
tradeXYZ xyz:BMNR+0.0215%1h27.918−0.043%$941K$1.5M10xas long as short