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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0089%/8h= −9.8% APRpaid last 24h +0.057%
Price spread now: Binance against Vest−0.106%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.106% cheaper against Vest than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BMNR-USD-PERP28.3500.0089pay 0.0011% / 1h59m 14s$36K25x
ShortBinance BMNRUSDT28.3200get 0.0000% / 8h1h 59m$22.4M$55.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Vest. 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
−$18.72
Price spread: −0.106% → 0.000%
−$10.58
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Binance: 5 bp × 2 orders
−$10
Net
−$41.3
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Binance: live order book, 13 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 Vest no order-book sample
Sell Binance live order book, 13 min ago1.76 bp15.1 bp −$1539.7 bp −$397131.3 bp −$13.1Kdoesn't fit
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster BMNRUSDT0.0000%8h28.310−0.141%$53K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.316−0.120%$40K$462K10xas long as short
Binance BMNRUSDTshort0.0000%8h28.320−0.106%$22.4M$55.4M25x
Bybit BMNRUSDT0.0000%8h28.318−0.113%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.310−0.141%$3.6M$6.0M20xas long as short
Gate BMNR_USDT0.0000%8h28.320−0.106%$3.8M$10.1M50xas long as short
Bitget BMNRUSDT0.0000%8h28.335−0.053%$2.0M$1.2M20xas long as short
Variational Omni BMNR0.0000%8h28.314−0.127%$326K$475Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.330−0.071%$5K$198K10xas long as short
SunX BMNR-USDT0.0000%8h28.316−0.120%$864$1.0M10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h28.343−0.025%$5K$39K20xas long as short
Phemex BMNRUSDT0.0000%8h28.320−0.106%$1.6M$1.5M10xas long as short
BloFin BMNR-USDT+0.0011%8h28.320−0.106%$213K$59K20xas long as short
QFEX BMNR-USD+0.0011%1h28.310−0.141%$1.2M$1.8M10xas long as short
Lighter BMNR+0.0032%1h28.354+0.014%$337K$23K10xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.315−0.123%$950K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.310−0.141%$37K$34K5xas long as short
Vest BMNR-USD-PERPlong+0.0089%1h28.350long leg$36K25x
KuCoin BMNRUSDTM+0.0100%8h28.320−0.106%$707K$759K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.370+0.071%$25K$169K50xas long as short