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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.005%
Price spread now: QFEX against Variational Omni+0.035%47s7-day average −0.012% · 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)−0.061%−$6 on $10k
Price spread, last 4 days (all we have)−0.910%−$91 · spread now +0.035%, 7d avg −0.012%
Together, before fees−0.971%+ Points / potential airdropVariational Omni: Active · farm board−$97 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: QFEX is 0.047% dearer against Variational Omni than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.012%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BMNR27.8600get 0.0000% / 8h6h 03m$311K$491K
ShortQFEX BMNR-USD27.8700.0002get 0.0000% / 1h3m 47s$1.2M$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$0.34
Price spread: +0.035% → −0.012%
$4.72
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$4.94
Costs to cover
0.100%
Break-even
109.9 days
Slippage unknown: Variational Omni: RFQ quote, just now; QFEX: live order book, 3 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, just now4.70 bpdoesn't fit28.5 bp −$285doesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago3.59 bp8.6 bp −$914.9 bp −$149doesn't fitdoesn't fit

BMNR on 19 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−0.0594%8h27.905+0.161%$2.0M$952K20xas long as short
Aster BMNRUSDT0.0000%8h27.901+0.146%$50K$100K20xas long as short
Extended BMNR-USD0.0000%1h27.874+0.048%$52K$640K10xas long as short
Binance BMNRUSDT0.0000%8h27.870+0.035%$22.1M$53.4M25xas long as short
Bybit BMNRUSDT0.0000%8h27.869+0.032%$3.3M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.890+0.107%$3.6M$4.3M20xas long as short
Gate BMNR_USDT0.0000%8h27.890+0.107%$4.2M$9.8M50xas long as short
Variational Omni BMNRlong0.0000%8h27.860long leg$311K$491K
GRVT BMNR_USDT_Perp0.0000%8h27.795−0.234%$6K$178K10xas long as short
SunX BMNR-USDT0.0000%8h27.863+0.010%$1K$916K10xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.850−0.036%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.8600.000%$1.6M$1.5M10xas long as short
QFEX BMNR-USDshort+0.0002%1h27.870+0.035%$1.2M$1.3M10x
Lighter BMNR+0.0032%1h27.888+0.100%$351K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.850−0.036%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.820−0.144%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.8600.000%$681K$811K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.850−0.036%$24K$32K50xas long as short
tradeXYZ xyz:BMNR+0.0221%1h27.854−0.022%$927K$1.5M10xas long as short