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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0723%/8h= +79.2% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against Bitget−0.072%113s7-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
Funding pays, the price is against you. ApeX Omni is 0.072% cheaper against Bitget than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.214% in total) that is about 2.4 days. The two prices were read 113 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
LongBitget BMNRUSDT27.870−0.0623get 0.0623% / 8h6h 01m$2.0M$942K20x
ShortApeX Omni BMNRUSDT27.8500.0100get 0.0013% / 1h1m 32s$24K$32K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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
$151.83
Price spread: −0.072% → 0.000%
−$7.18
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$122.65
Costs to cover
0.220%
Break-even
1.3 days
Slippage unknown: Bitget: live order book, just now; ApeX Omni: no order-book sample. 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 Bitget live order book, just now1.62 bp23.3 bp −$2329.0 bp −$290244.8 bp −$24.5Kdoesn't fit
Sell ApeX Omni no order-book sample
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 19 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 BMNRUSDTlong−0.0623%8h27.870long leg$2.0M$942K20x
Aster BMNRUSDT0.0000%8h27.887+0.063%$50K$100K20xas long as short
Extended BMNR-USD0.0000%1h27.835−0.127%$52K$640K10xas long as short
Binance BMNRUSDT0.0000%8h27.844−0.092%$22.1M$53.2M25xas long as short
Bybit BMNRUSDT0.0000%8h27.845−0.090%$3.3M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.860−0.036%$3.6M$4.3M20xas long as short
Gate BMNR_USDT0.0000%8h27.850−0.072%$4.2M$9.8M50xas long as short
Variational Omni BMNR0.0000%8h27.860−0.035%$311K$491Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.858−0.042%$6K$178K10xas long as short
SunX BMNR-USDT0.0000%8h27.848−0.079%$1K$909K10xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.904+0.122%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.860−0.036%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0002%1h27.840−0.108%$1.2M$1.3M10xas long as short
Lighter BMNR+0.0032%1h27.860−0.036%$350K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.840−0.108%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.820−0.179%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.860−0.036%$681K$811K20xas long as short
ApeX Omni BMNRUSDTshort+0.0100%1h27.850−0.072%$24K$32K50x
tradeXYZ xyz:BMNR+0.0200%1h27.848−0.079%$927K$1.5M10xas long as short