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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.024%
Price spread now: ApeX Omni against QFEX−0.251%56s7-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 feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.251% cheaper against QFEX than usual: you would sell low and buy high (spread −0.251% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 9.5 days of funding at the current rate (+$3 a day). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BMNR-USD27.9000.0012pay 0.0002% / 1h29m 44s$1.2M$1.2M10x
ShortApeX Omni BMNRUSDT27.8300.0100get 0.0013% / 1h29m 44s$24K$29K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against QFEX. 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
$18.43
Price spread: −0.251% → 0.000%
−$25.09
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$26.66
Costs to cover
0.200%
Break-even
17.1 days
Slippage unknown: QFEX: live order book, 2 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 QFEX live order book, 2 min ago3.58 bp8.6 bp −$912.4 bp −$124doesn'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−0.0765%8h27.890−0.036%$1.9M$938K20xas long as short
Aster BMNRUSDT0.0000%8h27.852−0.172%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.859−0.149%$53K$632K10xas long as short
Binance BMNRUSDT0.0000%8h27.870−0.108%$22.1M$52.8M25xas long as short
Bybit BMNRUSDT0.0000%8h27.865−0.125%$3.3M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.920+0.072%$3.6M$4.3M20xas long as short
Gate BMNR_USDT0.0000%8h27.880−0.072%$4.2M$9.6M50xas long as short
Variational Omni BMNR0.0000%8h27.899−0.003%$318K$497Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.866−0.123%$5K$176K10xas long as short
SunX BMNR-USDT0.0000%8h27.869−0.111%$1K$891K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.930+0.108%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.870−0.108%$1.6M$1.5M10xas long as short
QFEX BMNR-USDlong+0.0012%1h27.900long leg$1.2M$1.2M10x
BloFin BMNR-USDT+0.0024%8h27.890−0.036%$210K$61K20xas long as short
Lighter BMNR+0.0032%1h27.893−0.025%$351K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.860−0.143%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.872−0.100%$927K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.850−0.179%$36K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.850−0.179%$681K$802K20xas long as short
ApeX Omni BMNRUSDTshort+0.0100%1h27.830−0.251%$24K$29K50x