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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.029%
Price spread now: KuCoin against Variational Omni+0.037%7-day average −0.058% · 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 3 days (all we have)−0.025%−$2 on $10k
Price spread, last 4 days (all we have)−0.552%−$55 · spread now +0.037%, 7d avg −0.058%
Together, before fees−0.577%+ Points / potential airdropVariational Omni: Active · farm board−$58 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.095% dearer against Variational Omni than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BMNR27.8400get 0.0000% / 8h5h 03m$325K$504K
ShortKuCoin BMNRUSDTM27.8500.0100get 0.0100% / 8h5h 03m$681K$789K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: +0.037% → −0.058%
$9.53
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$18.53
Costs to cover
0.120%
Break-even
0.8 days
Slippage unknown: Variational Omni: RFQ quote, 60 min ago; KuCoin: live order book, 31 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 Variational Omni RFQ quote, 60 min ago4.70 bpdoesn't fit28.5 bp −$285doesn't fitdoesn't fit
Sell KuCoin live order book, 31 min ago23.35 bp374.3 bp −$374doesn't fitdoesn'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−0.0688%8h27.871+0.113%$1.9M$936K20xas long as short
Aster BMNRUSDT0.0000%8h27.862+0.082%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.850+0.036%$52K$632K10xas long as short
Binance BMNRUSDT0.0000%8h27.860+0.073%$22.1M$52.8M25xas long as short
Bybit BMNRUSDT0.0000%8h27.851+0.041%$3.3M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.870+0.109%$3.6M$4.3M20xas long as short
Gate BMNR_USDT0.0000%8h27.860+0.073%$4.2M$9.6M50xas long as short
Variational Omni BMNRlong0.0000%8h27.840long leg$325K$504K
GRVT BMNR_USDT_Perp0.0000%8h27.850+0.037%$6K$178K10xas long as short
SunX BMNR-USDT0.0000%8h27.847+0.027%$1K$889K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.846+0.023%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.860+0.073%$1.6M$1.5M10xas long as short
BloFin BMNR-USDT+0.0001%8h27.860+0.073%$167K$58K20xas long as short
QFEX BMNR-USD+0.0012%1h27.850+0.037%$1.2M$1.2M10xas long as short
Lighter BMNR+0.0032%1h27.867+0.099%$350K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.830−0.034%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.851+0.041%$919K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.880+0.145%$36K$16K5xas long as short
KuCoin BMNRUSDTMshort+0.0100%8h27.850+0.037%$681K$789K20x
ApeX Omni BMNRUSDT+0.0100%1h27.850+0.037%$24K$29K50xas long as short