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+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against Phemex−0.109%77s7-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 7 days+0.210%+$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.109% cheaper against Phemex than usual: you would sell low and buy high (spread −0.109% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 3.6 days of funding at the current rate (+$3 a day). The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex BMNRUSDT27.4800get 0.0000% / 8h1h 28m$1.6M$1.5M10x
ShortApeX Omni BMNRUSDT27.4500.0100get 0.0013% / 1h28m 05s$24K$29K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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: −0.109% → 0.000%
−$10.92
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$11.92
Costs to cover
0.220%
Break-even
11.0 days
Slippage unknown: Phemex: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 5 min ago1.82 bp54.4 bp −$54doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BMNRUSDT−0.0810%8h27.512+0.116%$1.8M$1.3M20xas long as short
Vest BMNR-USD-PERP−0.0005%1h27.430−0.182%$36K25xas long as short
Aster BMNRUSDT0.0000%8h27.479−0.002%$47K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.474−0.023%$61K$345K10xas long as short
Binance BMNRUSDT0.0000%8h27.485+0.019%$21.6M$52.6M25xas long as short
Bybit BMNRUSDT0.0000%8h27.504+0.087%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.500+0.073%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.490+0.036%$4.1M$8.6M50xas long as short
Variational Omni BMNR0.0000%8h27.470−0.036%$213K$616Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.467−0.047%$6K$188K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.503+0.084%$1K$851K10xas long as short
HTX BMNR-USDT0.0000%8h27.486+0.022%$6K$40K20xas long as short
Phemex BMNRUSDTlong0.0000%8h27.480long leg$1.6M$1.5M10x
BloFin BMNR-USDT+0.0010%8h27.470−0.036%$207K$51K20xas long as short
QFEX BMNR-USD+0.0019%1h27.470−0.036%$1.2M$1.1M10xas long as short
Lighter BMNR+0.0032%1h27.475−0.018%$343K$52K10xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.478−0.007%$902K$1.4M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.440−0.146%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.4800.000%$671K$725K20xas long as short
ApeX Omni BMNRUSDTshort+0.0100%1h27.450−0.109%$24K$29K50x