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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.020%
Price spread now: Binance against ApeX Omni+0.053%49s7-day average · you sell dearer than you buy
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 7 days+0.188%+$19 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Binance is 0.053% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 42 hours. Mind the row above: over the last 7 days funding on this pair paid +0.188%, so the current rate has only just turned against you. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BMNRUSDT27.8700.0100pay 0.0013% / 1h8m 42s$24K$29K50x
ShortBinance BMNRUSDT27.8850get 0.0000% / 8h5h 08m$22.2M$52.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against ApeX Omni. 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: +0.053% → 0.000%
$5.29
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$35.71
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Binance: live order book, 4 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 ApeX Omni no order-book sample
Sell Binance live order book, 4 min ago1.79 bp8.0 bp −$823.2 bp −$232115.4 bp −$11.5Kdoesn't fit
ApeX Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0702%8h27.909+0.140%$1.9M$938K20xas long as short
Aster BMNRUSDT0.0000%8h27.883+0.045%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.878+0.029%$53K$630K10xas long as short
Binance BMNRUSDTshort0.0000%8h27.885+0.053%$22.2M$52.8M25x
Bybit BMNRUSDT0.0000%8h27.876+0.022%$3.3M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.890+0.072%$3.6M$4.3M20xas long as short
Gate BMNR_USDT0.0000%8h27.900+0.108%$4.2M$9.6M50xas long as short
Variational Omni BMNR0.0000%8h27.890+0.070%$318K$497Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.906+0.128%$6K$177K10xas long as short
SunX BMNR-USDT0.0000%8h27.897+0.097%$1K$889K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.912+0.151%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.900+0.108%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0012%1h27.920+0.179%$1.2M$1.2M10xas long as short
BloFin BMNR-USDT+0.0021%8h27.910+0.144%$167K$61K20xas long as short
Lighter BMNR+0.0032%1h27.883+0.047%$351K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.900+0.108%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.872+0.007%$927K$1.4M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.860−0.036%$36K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.880+0.036%$682K$791K20xas long as short
ApeX Omni BMNRUSDTlong+0.0100%1h27.870long leg$24K$29K50x