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+0.0023%/8h= +2.6% APRnext payment +$0.23 per $10,000 · paid last 24h −0.039%
Price spread now: BloFin against OKX−0.036%113s7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
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+0.087%+$9 on $10k
Price spread, last 3 days (all we have)−0.134%−$13 · spread now −0.036%, 7d avg −0.026%
Together, before fees−0.047%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BMNR-USDT-SWAP28.0600get 0.0000% / 8h6h 57m$3.6M$4.8M20x
ShortBloFin BMNR-USDT28.0500.0023get 0.0023% / 8h6h 57m$211K$62K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$4.92
Price spread: −0.036% → −0.026%
−$1.01
Slippage, 4 orders
−$42.32
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$60.41
Costs to cover
0.643%
Break-even
93.0 days
Slippage from OKX: live order book, 5 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 OKX live order book, 5 min ago3.55 bp11.1 bp −$11108.7 bp −$1,087doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago5.34 bp11.3 bp −$1120.1 bp −$20175.0 bp −$7,502doesn'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%8h28.049−0.038%$53K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.021−0.140%$38K$597K10xas long as short
Binance BMNRUSDT0.0000%8h28.030−0.107%$22.1M$52.9M25xas long as short
Bybit BMNRUSDT0.0000%8h28.040−0.071%$3.4M$1.9M25xas long as short
OKX BMNR-USDT-SWAPlong0.0000%8h28.060long leg$3.6M$4.8M20x
Gate BMNR_USDT0.0000%8h28.0600.000%$4.2M$9.4M50xas long as short
Bitget BMNRUSDT0.0000%8h28.052−0.029%$2.0M$991K20xas long as short
Variational Omni BMNR0.0000%8h28.145+0.303%$314K$492Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.075+0.052%$5K$177K10xas long as short
SunX BMNR-USDT0.0000%8h28.046−0.050%$1K$946K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h28.110+0.178%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.020−0.143%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0002%1h28.040−0.071%$1.2M$1.5M10xas long as short
BloFin BMNR-USDTshort+0.0023%8h28.050−0.036%$211K$62K20x
Lighter BMNR+0.0032%1h28.042−0.064%$353K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.050−0.036%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.0600.000%$37K$16K5xas long as short
tradeXYZ xyz:BMNR+0.0081%1h28.037−0.082%$947K$1.5M10xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.040−0.071%$692K$771K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.080+0.071%$25K$45K50xas long as short