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−0.0415%/8h= −45.4% APRnext payment $0.52 per $10,000 · paid last 24h +0.115%
Price spread now: tradeXYZ against QFEX−0.134%7-day average +0.001% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.532%+$53 on $10k
Price spread, last 7 days−0.055%−$5 · spread now −0.134%, 7d avg +0.001%
Together, before fees+0.478%+ Points / potential airdroptradeXYZ: Active · farm board+$48 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and tradeXYZ is 0.135% cheaper against QFEX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.001%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.532%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BMNR-USD27.5100.0010pay 0.0001% / 1h31m 14s$1.2M$1.0M10x
ShorttradeXYZ xyz:BMNR27.473−0.0405pay 0.0051% / 1h31m 14s$811K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$87.13
Price spread: −0.134% → +0.001%
−$13.53
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$128.65
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 4 min ago; tradeXYZ: live order book, 6 min ago. Net counts fees only.

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, 4 min ago3.64 bp12.3 bp −$1214.9 bp −$149doesn't fitdoesn't fit
Sell tradeXYZ live order book, 6 min ago0.36 bpdoesn't fitdoesn't fitdoesn'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−0.0530%8h27.537+0.098%$1.8M$1.3M20xas long as short
tradeXYZ xyz:BMNRshort−0.0405%1h27.473−0.134%$811K$1.6M10x
BloFin BMNR-USDT−0.0010%8h27.490−0.073%$207K$54K20xas long as short
Aster BMNRUSDT0.0000%8h27.520+0.037%$47K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.511+0.003%$58K$357K10xas long as short
Binance BMNRUSDT0.0000%8h27.520+0.035%$21.6M$51.5M25xas long as short
Bybit BMNRUSDT0.0000%8h27.504−0.022%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.530+0.073%$3.5M$4.1M20xas long as short
Gate BMNR_USDT0.0000%8h27.5100.000%$4.1M$8.5M50xas long as short
Variational Omni BMNR0.0000%8h27.500−0.038%$213K$607Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BMNR_USDT_Perp0.0000%8h27.500−0.036%$5K$185K10xas long as short
SunX BMNR-USDT0.0000%8h27.516+0.022%$1K$816K10xas long as short
HTX BMNR-USDT0.0000%8h27.504−0.022%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.5100.000%$1.6M$1.5M10xas long as short
Vest BMNR-USD-PERP+0.0007%1h27.470−0.145%$36K25xas long as short
QFEX BMNR-USDlong+0.0010%1h27.510long leg$1.2M$1.0M10x
Lighter BMNR+0.0032%1h27.528+0.065%$344K$50K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.460−0.182%$36K$14K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.500−0.036%$670K$703K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.500−0.036%$24K$29K50xas long as short