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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.015%
Price spread now: KuCoin against Ondo Perps−0.253%90s7-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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. KuCoin is 0.253% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.253% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 17 days of funding at the current rate (+$1 a day). The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps BMNR-USD.P27.6200.0050pay 0.0006% / 1h52m 59s$36K$15K5x
ShortKuCoin BMNRUSDTM27.5500.0100get 0.0100% / 8h1h 52m$673K$731K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Ondo Perps. 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
$10.42
Price spread: −0.253% → 0.000%
−$25.34
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$31.93
Costs to cover
0.170%
Break-even
28.5 days
Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 26 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 Ondo Perps no order-book sample
Sell KuCoin live order book, 26 min ago20.02 bp330.4 bp −$330doesn't fitdoesn't fitdoesn't fit
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BMNRUSDT−0.0774%8h27.568−0.188%$1.8M$1.3M20xas long as short
Vest BMNR-USD-PERP−0.0003%1h27.520−0.362%$36K25xas long as short
Aster BMNRUSDT0.0000%8h27.553−0.241%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.539−0.295%$57K$498K10xas long as short
Binance BMNRUSDT0.0000%8h27.549−0.257%$21.6M$53.0M25xas long as short
Bybit BMNRUSDT0.0000%8h27.543−0.279%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.560−0.217%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.550−0.253%$4.1M$8.6M50xas long as short
Variational Omni BMNR0.0000%8h27.580−0.144%$224K$607Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.577−0.155%$6K$190K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.560−0.217%$1K$864K10xas long as short
HTX BMNR-USDT0.0000%8h27.484−0.492%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.540−0.290%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0019%1h27.540−0.290%$1.2M$1.1M10xas long as short
BloFin BMNR-USDT+0.0027%8h27.560−0.217%$206K$52K20xas long as short
Lighter BMNR+0.0032%1h27.551−0.250%$344K$52K10xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.546−0.268%$906K$1.4M10xas long as short
Ondo Perps BMNR-USD.Plong+0.0050%1h27.620long leg$36K$15K5x
KuCoin BMNRUSDTMshort+0.0100%8h27.550−0.253%$673K$731K20x
ApeX Omni BMNRUSDT+0.0100%1h27.590−0.109%$24K$29K50xas long as short