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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −1.9% APRpaid last 24h −0.006%
Price spread now: Aster against QFEX−0.029%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1491.486% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.029%, 7d avg +0.045%
Together, before fees+0.049%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.074% cheaper against QFEX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.045%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BMNR-USD27.7800.0018pay 0.0002% / 1h13m 23s$1.2M$1.1M10x
ShortAster BMNRUSDT27.7720get 0.0000% / 8h4h 13m$49K$101K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against QFEX. 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
−$3.73
Price spread: −0.029% → +0.045%
−$7.36
Slippage, 4 orders
−$130.56
Fee QFEX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$159.65
Costs to cover
1.486%
Break-even
never at this rate
Slippage from QFEX: live order book, 3 min ago; Aster: live order book, 20 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 QFEX live order book, 3 min ago3.60 bp8.6 bp −$913.0 bp −$130doesn't fitdoesn't fit
Sell Aster live order book, 20 min ago46.78 bp73.9 bp −$7487.5 bp −$875doesn'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−0.0716%8h27.810+0.108%$1.9M$932K20xas long as short
BloFin BMNR-USDT−0.0004%8h27.760−0.072%$209K$52K20xas long as short
Aster BMNRUSDTshort0.0000%8h27.772−0.029%$49K$101K20x
Extended BMNR-USD0.0000%1h27.778−0.009%$52K$628K10xas long as short
Binance BMNRUSDT0.0000%8h27.792+0.042%$22.0M$52.7M25xas long as short
Bybit BMNRUSDT0.0000%8h27.779−0.004%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.800+0.072%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.7800.000%$4.2M$9.3M50xas long as short
Variational Omni BMNR0.0000%8h27.760−0.071%$324K$504Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.770−0.037%$6K$183K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.775−0.018%$1K$886K10xas long as short
HTX BMNR-USDT0.0000%8h27.760−0.072%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.770−0.036%$1.6M$1.5M10xas long as short
QFEX BMNR-USDlong+0.0018%1h27.780long leg$1.2M$1.1M10x
Lighter BMNR+0.0032%1h27.785+0.018%$349K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.750−0.108%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.765−0.054%$915K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.760−0.072%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.770−0.036%$678K$772K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.760−0.072%$24K$29K50xas long as short