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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Phemex against ApeX Omni−0.145%77s7-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−0.210%−$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 −$3 a day on $10k at the current rate, and Phemex is 0.145% cheaper against ApeX Omni than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BMNRUSDT27.5900.0100pay 0.0013% / 1h53m 58s$24K$29K50x
ShortPhemex BMNRUSDT27.5500get 0.0000% / 8h1h 53m$1.6M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: −0.145% → 0.000%
−$14.5
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$57.5
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Phemex: 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 Phemex live order book, 4 min ago5.43 bp51.3 bp −$51doesn'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 BMNRUSDT−0.0777%8h27.568−0.080%$1.8M$1.3M20xas long as short
Vest BMNR-USD-PERP−0.0004%1h27.510−0.290%$36K25xas long as short
Aster BMNRUSDT0.0000%8h27.547−0.156%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.527−0.227%$57K$498K10xas long as short
Binance BMNRUSDT0.0000%8h27.540−0.181%$21.6M$53.0M25xas long as short
Bybit BMNRUSDT0.0000%8h27.548−0.152%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.560−0.109%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.550−0.145%$4.1M$8.6M50xas long as short
Variational Omni BMNR0.0000%8h27.580−0.036%$224K$607Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.616+0.095%$6K$190K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.634+0.159%$1K$864K10xas long as short
HTX BMNR-USDT0.0000%8h27.550−0.145%$6K$40K20xas long as short
Phemex BMNRUSDTshort0.0000%8h27.550−0.145%$1.6M$1.5M10x
BloFin BMNR-USDT+0.0001%8h27.580−0.036%$206K$52K20xas long as short
QFEX BMNR-USD+0.0019%1h27.530−0.217%$1.2M$1.1M10xas long as short
Lighter BMNR+0.0032%1h27.557−0.120%$344K$52K10xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.533−0.207%$905K$1.4M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.620+0.109%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.550−0.145%$674K$731K20xas long as short
ApeX Omni BMNRUSDTlong+0.0100%1h27.590long leg$24K$29K50x