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 0.000%

Price spread now: ApeX Omni against KuCoin−0.182%52s7-day average — · you buy dearer than you sell

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

Long on KuCoin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.052%+$5 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.182% cheaper against KuCoin than usual: you would sell low and buy high, −$18 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BMNRUSDTM	27.510	0.0100	pay 0.0100% / 8h	1h 26m	$672K	$724K	20x
Short	ApeX Omni BMNRUSDT	27.460	0.0100	get 0.0013% / 1h	26m 33s	$24K	$29K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee ApeX OmnibpOrdersPrice spread, now −0.182%Rate

Funding earned: $0
Price spread: −0.182% → 0.000%: −$18.18
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$40.18
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 53 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 53 min ago	20.02 bp	302.4 bp −$302	doesn't fit	doesn't fit	doesn'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 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	−0.0802%	8h	27.538	+0.102%	$1.8M	$1.3M	20x	as long as short
BloFin BMNR-USDT	−0.0018%	8h	27.500	−0.036%	$207K	$51K	20x	as long as short
Vest BMNR-USD-PERP	−0.0004%	1h	27.450	−0.218%	—	$36K	25x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.508	−0.006%	$47K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.532	+0.079%	$58K	$348K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.530	+0.073%	$21.6M	$52.6M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.533	+0.084%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.540	+0.109%	$3.5M	$4.2M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.520	+0.036%	$4.1M	$8.6M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.470	−0.145%	$213K	$616K	—	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BMNR_USDT_Perp	0.0000%	8h	27.467	−0.156%	$6K	$188K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.543	+0.120%	$1K	$851K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.486	−0.087%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.510	0.000%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0019%	1h	27.530	+0.073%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.550	+0.145%	$344K	$52K	10x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.502	−0.029%	$903K	$1.4M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.510	0.000%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTMlong	+0.0100%	8h	27.510	long leg	$672K	$724K	20x
ApeX Omni BMNRUSDTshort	+0.0100%	1h	27.460	−0.182%	$24K	$29K	50x