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−0.0660%/8h= −72.3% APRpaid last 24h −0.030%
Price spread now: Bitget against ApeX Omni−0.091%93s7-day average · 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 7 days−0.214%−$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Bitget is 0.091% cheaper against ApeX Omni than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.214% in total (about -11.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BMNRUSDT27.5800.0100pay 0.0013% / 1h38m 02s$24K$29K50x
ShortBitget BMNRUSDT27.555−0.0560pay 0.0560% / 8h38m 02s$1.8M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$138.6
Price spread: −0.091% → 0.000%
−$9.06
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$169.66
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Bitget: 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 Bitget live order book, 4 min ago2.90 bp45.8 bp −$46doesn't fitdoesn't fitdoesn'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 BMNRUSDTshort−0.0560%8h27.555−0.091%$1.8M$1.3M20x
tradeXYZ xyz:BMNR−0.0400%1h27.487−0.337%$811K$1.6M10xas long as short
Aster BMNRUSDT0.0000%8h27.513−0.243%$47K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.509−0.257%$58K$357K10xas long as short
Binance BMNRUSDT0.0000%8h27.520−0.216%$21.6M$51.6M25xas long as short
Bybit BMNRUSDT0.0000%8h27.517−0.228%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.540−0.145%$3.5M$4.1M20xas long as short
Gate BMNR_USDT0.0000%8h27.540−0.145%$4.1M$8.5M50xas long as short
Variational Omni BMNR0.0000%8h27.580−0.001%$213K$607Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.589+0.032%$5K$185K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.550−0.109%$1K$818K10xas long as short
HTX BMNR-USDT0.0000%8h27.557−0.083%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.530−0.181%$1.6M$1.5M10xas long as short
Vest BMNR-USD-PERP+0.0004%1h27.510−0.254%$36K25xas long as short
QFEX BMNR-USD+0.0010%1h27.530−0.181%$1.2M$1.0M10xas long as short
BloFin BMNR-USDT+0.0014%8h27.620+0.145%$207K$54K20xas long as short
Lighter BMNR+0.0032%1h27.542−0.138%$344K$50K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.610+0.109%$36K$14K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.520−0.218%$670K$707K20xas long as short
ApeX Omni BMNRUSDTlong+0.0100%1h27.580long leg$24K$29K50x