Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%

Price spread now: Binance against Variational Omni+0.196%7-day average −0.045% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.027%+$3 on $10k

Price spread, last 4 days (all we have)−0.955%−$96 · spread now +0.196%, 7d avg −0.045%

Together, before fees−0.928%+ Points / potential airdropVariational Omni: Active · farm board−$93 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.241% dearer against Variational Omni than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni BMNR	27.780	0	get 0.0000% / 8h	5h 37m	$317K	$497K	—
Short	Binance BMNRUSDT	27.834	0	get 0.0000% / 8h	5h 37m	$22.1M	$52.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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

Position, each leg$Hold fordaysFee Variational OmnibpFee BinancebpOrdersPrice spread, now +0.196%Rate

Funding earned: $0
Price spread: +0.196% → −0.045%: $24.15
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: $14.15
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 26 min ago; Binance: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 26 min ago	4.70 bp	doesn't fit	28.5 bp −$285	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	1.80 bp	9.5 bp −$9	25.7 bp −$257	106.3 bp −$10.6K	doesn't fit

BMNR on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BMNRUSDT	−0.0785%	8h	27.856	+0.275%	$1.9M	$936K	20x	as long as short
BloFin BMNR-USDT	−0.0021%	8h	27.850	+0.253%	$211K	$61K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.823	+0.157%	$50K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.795	+0.057%	$53K	$638K	10x	as long as short
Binance BMNRUSDTshort	0.0000%	8h	27.834	+0.196%	$22.1M	$52.8M	25x
Bybit BMNRUSDT	0.0000%	8h	27.814	+0.124%	$3.3M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.820	+0.145%	$3.5M	$4.3M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.820	+0.145%	$4.2M	$9.5M	50x	as long as short
Variational Omni BMNRlong	0.0000%	8h	27.780	long leg	$317K	$497K	—
GRVT BMNR_USDT_Perp	0.0000%	8h	27.850	+0.253%	$6K	$176K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX BMNR-USDT	0.0000%	8h	27.844	+0.232%	$1K	$891K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.853	+0.264%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.820	+0.145%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.810	+0.109%	$1.2M	$1.2M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.811	+0.113%	$350K	$53K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.800	+0.073%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.808	+0.102%	$925K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.870	+0.325%	$36K	$16K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.790	+0.037%	$679K	$806K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.840	+0.217%	$24K	$29K	50x	as long as short