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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.041%
Price spread now: ApeX Omni against OKX−0.140%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1311.314% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.096%−$10 on $10k
Price spread, last 3 days (all we have)+0.265%+$26 · spread now −0.140%, 7d avg −0.024%
Together, before fees+0.169%+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.116% cheaper against OKX than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of −0.024%). If the spread goes back, that is −$12 on $10k: about 3.9 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.096%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BMNR-USDT-SWAP28.4700get 0.0000% / 8h17m 12s$3.7M$6.1M20x
ShortApeX Omni BMNRUSDT28.4300.0100get 0.0013% / 1h17m 12s$25K$82K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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: −0.140% → −0.024%
−$11.64
Slippage, 4 orders
−$111.39
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$122.03
Costs to cover
1.314%
Break-even
47.7 days
Slippage from OKX: live order book, 6 min ago; ApeX Omni: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 6 min ago1.76 bp13.3 bp −$13128.3 bp −$1,283doesn't fitdoesn't fit
Sell ApeX Omni live order book, 58 min ago3.54 bp53.3 bp −$53doesn't fitdoesn'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
BloFin BMNR-USDT−0.0011%8h28.440−0.105%$213K$58K20xas long as short
Aster BMNRUSDT0.0000%8h28.452−0.065%$54K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.442−0.097%$40K$462K10xas long as short
Binance BMNRUSDT0.0000%8h28.446−0.083%$22.5M$55.4M25xas long as short
Bybit BMNRUSDT0.0000%8h28.459−0.039%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAPlong0.0000%8h28.470long leg$3.7M$6.1M20x
Gate BMNR_USDT0.0000%8h28.4700.000%$3.9M$10.4M50xas long as short
Bitget BMNRUSDT0.0000%8h28.464−0.021%$2.0M$1.1M20xas long as short
Variational Omni BMNR0.0000%8h28.421−0.172%$317K$493Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.450−0.069%$5K$188K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h28.444−0.091%$1K$1.0M10xas long as short
HTX BMNR-USDT0.0000%8h28.455−0.053%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.460−0.035%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0004%1h28.450−0.070%$1.2M$1.8M10xas long as short
Lighter BMNR+0.0032%1h28.439−0.109%$336K$25K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.460−0.035%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.450−0.070%$954K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.400−0.246%$37K$26K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.430−0.140%$704K$775K20xas long as short
ApeX Omni BMNRUSDTshort+0.0100%1h28.430−0.140%$25K$82K50x