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+0.0942%/8h= +103.1% APRnext payment +$9.42 per $10,000 · paid last 24h +0.001%
Price spread now: Variational Omni against Bitget−0.315%7-day average −0.014% · 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 4 days (all we have)+0.078%+$8 on $10k
Price spread, last 4 days (all we have)+0.507%+$51 · spread now −0.315%, 7d avg −0.014%
Together, before fees+0.585%+ Points / potential airdropVariational Omni: Active · farm board+$58 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.301% cheaper against Bitget than usual: you would sell low and buy high (spread −0.315% now, against its 7-day average of −0.014%). If the spread goes back, that is −$30 on $10k: about 26 hours of funding at the current rate (+$28 a day). At the pace of the last 4 days (+0.078% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.078% in total (about 7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BMNRUSDT27.512−0.0942get 0.0942% / 8h2h 18m$1.8M$1.2M20x
ShortVariational Omni BMNR27.4250get 0.0000% / 8h2h 18m$213K$596K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational 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
$197.82
Price spread: −0.315% → −0.014%
−$30.12
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$155.7
Costs to cover
0.120%
Break-even
1.5 days
Slippage unknown: Bitget: live order book, 4 min ago; Variational Omni: RFQ quote, 31 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 Bitget live order book, 4 min ago3.09 bp37.3 bp −$3745.0 bp −$450doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 31 min ago4.73 bpdoesn't fit26.9 bp −$269doesn'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
Bitget BMNRUSDTlong−0.0942%8h27.512long leg$1.8M$1.2M20x
Vest BMNR-USD-PERP−0.0010%1h27.450−0.225%$36K25xas long as short
Aster BMNRUSDT0.0000%8h27.540+0.100%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.505−0.024%$60K$494K10xas long as short
Binance BMNRUSDT0.0000%8h27.528+0.057%$21.7M$52.8M25xas long as short
Bybit BMNRUSDT0.0000%8h27.526+0.051%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.510−0.007%$3.5M$4.1M20xas long as short
Gate BMNR_USDT0.0000%8h27.510−0.007%$4.1M$8.9M50xas long as short
Variational Omni BMNRshort0.0000%8h27.425−0.315%$213K$596K
GRVT BMNR_USDT_Perp0.0000%8h27.400−0.407%$6K$190K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.485−0.098%$992$868K10xas long as short
HTX BMNR-USDT0.0000%8h27.451−0.222%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.500−0.044%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0013%1h27.490−0.080%$1.2M$1.1M10xas long as short
BloFin BMNR-USDT+0.0026%8h27.450−0.225%$208K$51K20xas long as short
Lighter BMNR+0.0032%1h27.527+0.055%$344K$56K10xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.502−0.036%$905K$1.4M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.450−0.225%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.480−0.116%$671K$740K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.390−0.443%$24K$29K50xas long as short