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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.041%
Price spread now: OKX against ApeX Omni−0.071%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1701.700% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.096%+$10 on $10k
Price spread, last 3 days (all we have)−0.054%−$5 · spread now −0.071%, 7d avg +0.024%
Together, before fees+0.042%+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.095% cheaper against ApeX Omni than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.024%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.096%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BMNRUSDT28.3400.0100pay 0.0013% / 1h47m 31s$25K$130K50x
ShortOKX BMNR-USDT-SWAP28.3200get 0.0000% / 8h1h 47m$3.6M$6.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.071% → +0.024%
−$9.47
Slippage, 4 orders
−$149.99
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$200.46
Costs to cover
1.700%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 33 min ago; OKX: live order book, 5 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 ApeX Omni live order book, 33 min ago3.52 bp60.8 bp −$61doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago3.53 bp18.4 bp −$18109.5 bp −$1,095doesn'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
QFEX BMNR-USD−0.0003%1h28.330−0.035%$1.2M$1.8M10xas long as short
Aster BMNRUSDT0.0000%8h28.346+0.022%$53K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.336−0.015%$40K$462K10xas long as short
Binance BMNRUSDT0.0000%8h28.3400.000%$22.4M$55.2M25xas long as short
Bybit BMNRUSDT0.0000%8h28.334−0.021%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAPshort0.0000%8h28.320−0.071%$3.6M$6.0M20x
Gate BMNR_USDT0.0000%8h28.3400.000%$3.8M$10.2M50xas long as short
Bitget BMNRUSDT0.0000%8h28.362+0.078%$2.0M$1.1M20xas long as short
Variational Omni BMNR0.0000%8h28.328−0.044%$326K$475Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.3400.000%$6K$198K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h28.336−0.014%$1K$1.0M10xas long as short
HTX BMNR-USDT0.0000%8h28.354+0.049%$5K$39K20xas long as short
Phemex BMNRUSDT0.0000%8h28.300−0.141%$1.6M$1.5M10xas long as short
BloFin BMNR-USDT+0.0002%8h28.3400.000%$212K$59K20xas long as short
Lighter BMNR+0.0032%1h28.360+0.071%$337K$23K10xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.338−0.007%$950K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.300−0.141%$37K$33K5xas long as short
Vest BMNR-USD-PERP+0.0068%1h28.350+0.035%$36K25xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.330−0.035%$706K$761K20xas long as short
ApeX Omni BMNRUSDTlong+0.0100%1h28.340long leg$25K$130K50x