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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Phemex−0.063%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2412.407% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.217%+$22 · spread now −0.063%, 7d avg +0.056%
Together, before fees+0.217%+ Points / potential airdropAster: Stage 5 · farm board+$22 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: Aster is 0.119% cheaper against Phemex than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex BMNRUSDT27.5100get 0.0000% / 8h10m 39s$1.6M$1.4M10x
ShortAster BMNRUSDT27.4930get 0.0000% / 8h10m 39s$47K$101K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Phemex. 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: −0.063% → +0.056%
−$11.89
Slippage, 4 orders
−$220.68
Fee Phemex: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$252.58
Costs to cover
2.407%
Break-even
never at this rate
Slippage from Phemex: live order book, 2 min ago; Aster: 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 Phemex live order book, 2 min ago1.82 bp62.9 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 2 min ago54.51 bp67.6 bp −$6874.5 bp −$745doesn'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−0.0461%8h27.525+0.055%$1.9M$1.3M20xas long as short
tradeXYZ xyz:BMNR−0.0401%1h27.469−0.149%$765K$1.5M10xas long as short
BloFin BMNR-USDT−0.0029%8h27.5100.000%$207K$51K20xas long as short
Aster BMNRUSDTshort0.0000%8h27.493−0.063%$47K$101K20x
Extended BMNR-USD0.0000%1h27.483−0.097%$57K$360K10xas long as short
Binance BMNRUSDT0.0000%8h27.502−0.029%$21.5M$51.2M25xas long as short
Bybit BMNRUSDT0.0000%8h27.497−0.047%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.5100.000%$3.5M$3.9M20xas long as short
Gate BMNR_USDT0.0000%8h27.490−0.073%$4.1M$8.5M50xas long as short
Variational Omni BMNR0.0000%8h27.492−0.067%$213K$607Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BMNR_USDT_Perp0.0000%8h27.524+0.049%$6K$182K10xas long as short
SunX BMNR-USDT0.0000%8h27.500−0.036%$894$806K10xas long as short
HTX BMNR-USDT0.0000%8h27.546+0.131%$6K$40K20xas long as short
Phemex BMNRUSDTlong0.0000%8h27.510long leg$1.6M$1.4M10x
Vest BMNR-USD-PERP+0.0005%1h27.460−0.182%$36K25xas long as short
QFEX BMNR-USD+0.0010%1h27.490−0.073%$1.2M$1.0M10xas long as short
Lighter BMNR+0.0032%1h27.498−0.044%$343K$51K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.530+0.073%$36K$14K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.470−0.145%$670K$698K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.500−0.036%$24K$23K50xas long as short