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−0.0031%/8h= −3.4% APRnext payment $0.04 per $10,000 · paid last 24h −0.010%
Price spread now: QFEX against Ondo Perps−0.290%64s7-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 4 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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.290% cheaper against Ondo Perps than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 64 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.P27.5500.0050pay 0.0006% / 1h45m 34s$36K$15K5x
ShortQFEX BMNR-USD27.4700.0019get 0.0002% / 1h45m 34s$1.2M$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$6.52
Price spread: −0.290% → 0.000%
−$29.04
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$50.56
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; QFEX: live order book, 1 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 QFEX live order book, 1 min ago3.64 bp8.6 bp −$913.5 bp −$135doesn'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−0.0760%8h27.512−0.138%$1.8M$1.3M20xas long as short
BloFin BMNR-USDT−0.0024%8h27.540−0.036%$208K$51K20xas long as short
Vest BMNR-USD-PERP−0.0004%1h27.480−0.254%$36K25xas long as short
Aster BMNRUSDT0.0000%8h27.519−0.112%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.475−0.273%$61K$502K10xas long as short
Binance BMNRUSDT0.0000%8h27.490−0.216%$21.6M$53.0M25xas long as short
Bybit BMNRUSDT0.0000%8h27.494−0.203%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.500−0.181%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.500−0.181%$4.1M$8.6M50xas long as short
Variational Omni BMNR0.0000%8h27.480−0.253%$223K$607Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BMNR_USDT_Perp0.0000%8h27.542−0.030%$6K$190K10xas long as short
SunX BMNR-USDT0.0000%8h27.536−0.051%$1K$864K10xas long as short
HTX BMNR-USDT0.0000%8h27.501−0.178%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.480−0.254%$1.6M$1.5M10xas long as short
QFEX BMNR-USDshort+0.0019%1h27.470−0.290%$1.2M$1.1M10x
Lighter BMNR+0.0032%1h27.531−0.069%$344K$52K10xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.470−0.290%$903K$1.4M10xas long as short
Ondo Perps BMNR-USD.Plong+0.0050%1h27.550long leg$36K$15K5x
KuCoin BMNRUSDTM+0.0100%8h27.500−0.181%$672K$732K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.530−0.073%$24K$29K50xas long as short