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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.004%
Price spread now: Variational Omni against QFEX−0.090%7-day average +0.010% · 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)+0.060%+$6 on $10k
Price spread, last 4 days (all we have)+0.624%+$62 · spread now −0.090%, 7d avg +0.010%
Together, before fees+0.684%+ Points / potential airdropVariational Omni: Active · farm board+$68 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Variational Omni is 0.100% cheaper against QFEX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.010%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.060%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BMNR-USD28.0000.0010pay 0.0001% / 1h0m 25s$1.2M$986K10x
ShortVariational Omni BMNR27.9750get 0.0000% / 8h7h 00m$216K$551K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational 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
−$2.18
Price spread: −0.090% → +0.010%
−$10
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$22.18
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 1 min ago; Variational Omni: RFQ quote, 34 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 QFEX live order book, 1 min ago3.57 bp12.1 bp −$1214.9 bp −$149doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 34 min ago7.67 bpdoesn't fit32.4 bp −$324doesn't fitdoesn't fit

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−0.0089%8h28.018+0.064%$1.9M$1.3M20xas long as short
BloFin BMNR-USDT−0.0029%8h28.030+0.107%$213K$68K20xas long as short
Aster BMNRUSDT0.0000%8h27.982−0.063%$48K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.972−0.099%$59K$355K10xas long as short
Binance BMNRUSDT0.0000%8h28.006+0.020%$21.8M$47.9M25xas long as short
Bybit BMNRUSDT0.0000%8h27.994−0.021%$3.3M$1.8M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.030+0.107%$3.6M$3.2M20xas long as short
Gate BMNR_USDT0.0000%8h28.0000.000%$4.1M$8.2M50xas long as short
Variational Omni BMNRshort0.0000%8h27.975−0.090%$216K$551K
SunX BMNR-USDT0.0000%8h28.011+0.039%$994$718K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h28.024+0.086%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.0000.000%$1.6M$1.4M10xas long as short
QFEX BMNR-USDlong+0.0010%1h28.000long leg$1.2M$986K10x
Lighter BMNR+0.0032%1h27.973−0.096%$352K$58K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.0000.000%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.027+0.096%$1.0M$1.6M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.980−0.071%$36K$10K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.970−0.107%$681K$727K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.0000.000%$25K$23K50xas long as short
GRVT BMNR_USDT_Perp+0.0185%8h28.047+0.168%$5K$174K10xas long as short