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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0242%/8h= +26.5% APRnext payment +$0.30 per $10,000 · paid last 24h +0.165%
Price spread now: tradeXYZ against Ondo Perps+0.125%53s7-day average · you sell dearer than you buy
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 5 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 · tradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and tradeXYZ is 0.125% dearer against Ondo Perps than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 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.P27.9200.0050pay 0.0006% / 1h13m 42s$36K$16K5x
ShorttradeXYZ xyz:BMNR27.9550.0293get 0.0037% / 1h13m 42s$943K$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$50.9
Price spread: +0.125% → 0.000%
$12.54
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$40.44
Costs to cover
0.230%
Break-even
1.4 days
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago0.36 bpdoesn't fitdoesn'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 19 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−0.0457%8h27.982+0.222%$2.0M$967K20xas long as short
Aster BMNRUSDT0.0000%8h27.960+0.143%$50K$100K20xas long as short
Extended BMNR-USD0.0000%1h27.943+0.082%$54K$635K10xas long as short
Binance BMNRUSDT0.0000%8h27.960+0.143%$22.2M$53.7M25xas long as short
Bybit BMNRUSDT0.0000%8h27.956+0.129%$3.3M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.970+0.179%$3.6M$4.4M20xas long as short
Gate BMNR_USDT0.0000%8h27.970+0.179%$4.2M$9.7M50xas long as short
Variational Omni BMNR0.0000%8h27.970+0.178%$312K$491Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.970+0.179%$6K$179K10xas long as short
SunX BMNR-USDT0.0000%8h27.952+0.115%$973$931K10xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.972+0.186%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.980+0.215%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0002%1h27.950+0.107%$1.2M$1.3M10xas long as short
Lighter BMNR+0.0032%1h27.966+0.165%$352K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.950+0.107%$36K25xas long as short
Ondo Perps BMNR-USD.Plong+0.0050%1h27.920long leg$36K$16K5x
KuCoin BMNRUSDTM+0.0100%8h27.950+0.107%$683K$810K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.950+0.107%$24K$39K50xas long as short
tradeXYZ xyz:BMNRshort+0.0293%1h27.955+0.125%$943K$1.5M10x