Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%

Price spread now: Variational Omni against Extended−0.085%7-day average +0.043% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.030%−$3 on $10k

Price spread, last 4 days (all we have)+0.267%+$27 · spread now −0.085%, 7d avg +0.043%

Together, before fees+0.237%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$24 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.127% cheaper against Extended than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BMNR-USD	27.463	0	get 0.0000% / 1h	31m 10s	$61K	$345K	10x
Short	Variational Omni BMNR	27.440	0	get 0.0000% / 8h	1h 31m	$212K	$616K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee Variational OmnibpOrdersPrice spread, now −0.085%Rate

Funding earned: $0
Price spread: −0.085% → +0.043%: −$12.71
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$17.71
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 11 min ago; Variational Omni: RFQ quote, 13 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 11 min ago	4.55 bp	12.9 bp −$13	101.4 bp −$1,014	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 13 min ago	4.75 bp	doesn't fit	38.5 bp −$385	doesn't fit	doesn't fit

BMNR on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BMNRUSDT	−0.0809%	8h	27.504	+0.148%	$1.8M	$1.3M	20x	as long as short
Vest BMNR-USD-PERP	−0.0006%	1h	27.420	−0.158%	—	$36K	25x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.459	−0.016%	$47K	$101K	20x	as long as short
Extended BMNR-USDlong	0.0000%	1h	27.463	long leg	$61K	$345K	10x
Binance BMNRUSDT	0.0000%	8h	27.470	+0.024%	$21.6M	$52.8M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.479	+0.057%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.480	+0.060%	$3.5M	$4.2M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.480	+0.060%	$4.1M	$8.6M	50x	as long as short
Variational Omni BMNRshort	0.0000%	8h	27.440	−0.085%	$212K	$616K	—
GRVT BMNR_USDT_Perp	0.0000%	8h	27.456	−0.028%	$6K	$188K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX BMNR-USDT	0.0000%	8h	27.493	+0.108%	$973	$859K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.479	+0.057%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.470	+0.024%	$1.6M	$1.5M	10x	as long as short
BloFin BMNR-USDT	+0.0017%	8h	27.440	−0.085%	$206K	$51K	20x	as long as short
QFEX BMNR-USD	+0.0019%	1h	27.460	−0.012%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.454	−0.034%	$343K	$52K	10x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.450	−0.049%	$902K	$1.4M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.400	−0.231%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.460	−0.012%	$671K	$727K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.450	−0.049%	$24K	$29K	50x	as long as short