Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.145%

Price spread now: tradeXYZ against Variational Omni+0.010%7-day average −0.003% · you sell dearer than you buy

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

Long on Variational Omni Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.453%+$45 on $10k

Price spread, last 4 days (all we have)−0.348%−$35 · spread now +0.010%, 7d avg −0.003%

Together, before fees+0.105%+ Points / potential airdropVariational Omni: Active · tradeXYZ: Active · farm board+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni BMNR	27.665	0	get 0.0000% / 8h	3h 17m	$322K	$504K	—
Short	tradeXYZ xyz:BMNR	27.668	0.0050	get 0.0006% / 1h	17m 26s	$911K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.010%Rate

Funding earned: $10.5
Price spread: +0.010% → −0.003%: $1.34
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$6.16
Costs to cover: 0.180%
Break-even: 11.1 days

Slippage unknown: Variational Omni: RFQ quote, 37 min ago; tradeXYZ: live order book, 10 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, 37 min ago	4.70 bp	doesn't fit	28.3 bp −$283	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 10 min ago	0.72 bp	doesn't fit	doesn't fit	doesn't fit	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	−0.0633%	8h	27.699	+0.122%	$1.9M	$920K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.680	+0.053%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.667	+0.008%	$57K	$622K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.680	+0.054%	$21.9M	$52.3M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.654	−0.040%	$3.2M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.690	+0.090%	$3.5M	$4.1M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.670	+0.018%	$4.1M	$9.1M	50x	as long as short
Variational Omni BMNRlong	0.0000%	8h	27.665	long leg	$322K	$504K	—
GRVT BMNR_USDT_Perp	0.0000%	8h	27.676	+0.038%	$5K	$188K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.641	−0.087%	$1K	$866K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	27.657	−0.029%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.670	+0.018%	$1.6M	$1.5M	10x	as long as short
BloFin BMNR-USDT	+0.0006%	8h	27.630	−0.127%	$208K	$52K	20x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.670	+0.018%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.661	−0.015%	$348K	$52K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.620	−0.163%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNRshort	+0.0050%	1h	27.668	+0.010%	$911K	$1.5M	10x
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.620	−0.163%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.660	−0.019%	$676K	$758K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.650	−0.055%	$24K	$29K	50x	as long as short