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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.016%
Price spread now: Variational Omni against Vest−0.068%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 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.068% cheaper against Vest than usual: you would sell low and buy high (−$7 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-PERP28.3800.0046pay 0.0006% / 1h30m 54s$36K25x
ShortVariational Omni BMNR28.3610get 0.0000% / 8h7h 30m$317K$493K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$9.59
Price spread: −0.068% → 0.000%
−$6.83
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$18.43
Costs to cover
0.020%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 43 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 Variational Omni RFQ quote, 43 min ago4.66 bpdoesn't fit29.3 bp −$293doesn't fitdoesn'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
QFEX BMNR-USD−0.0001%1h28.360−0.070%$1.2M$1.7M10xas long as short
Aster BMNRUSDT0.0000%8h28.370−0.034%$53K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.348−0.113%$41K$594K10xas long as short
Binance BMNRUSDT0.0000%8h28.351−0.102%$22.4M$54.2M25xas long as short
Bybit BMNRUSDT0.0000%8h28.357−0.081%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.370−0.035%$3.6M$6.0M20xas long as short
Gate BMNR_USDT0.0000%8h28.360−0.070%$4.3M$9.9M50xas long as short
Bitget BMNRUSDT0.0000%8h28.376−0.014%$2.0M$1.0M20xas long as short
Variational Omni BMNRshort0.0000%8h28.361−0.068%$317K$493K
GRVT BMNR_USDT_Perp0.0000%8h28.353−0.095%$5K$185K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h28.411+0.109%$994$974K10xas long as short
HTX BMNR-USDT0.0000%8h28.386+0.021%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.350−0.106%$1.6M$1.5M10xas long as short
BloFin BMNR-USDT0.0000%8h28.350−0.106%$213K$58K20xas long as short
Lighter BMNR+0.0032%1h28.363−0.060%$335K$24K10xas long as short
Vest BMNR-USD-PERPlong+0.0046%1h28.380long leg$36K25x
Ondo Perps BMNR-USD.P+0.0050%1h28.400+0.070%$37K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.360−0.070%$700K$768K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.360−0.070%$25K$46K50xas long as short
tradeXYZ xyz:BMNR+0.0338%1h28.363−0.060%$964K$1.5M10xas long as short