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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.020%
Price spread now: Binance against ApeX Omni−0.071%59s7-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 7 days+0.188%+$19 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.071% cheaper against ApeX Omni 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. Mind the row above: over the last 7 days funding on this pair paid +0.188%, so the current rate has only just turned against you. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BMNRUSDT28.0300.0100pay 0.0013% / 1h26m 37s$25K$23K50x
ShortBinance BMNRUSDT28.0100get 0.0000% / 8h5h 26m$21.8M$44.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against ApeX 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: −0.071% → 0.000%
−$7.14
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$48.14
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Binance: live order book, 8 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 ApeX Omni no order-book sample
Sell Binance live order book, 8 min ago1.78 bp7.3 bp −$722.0 bp −$220106.2 bp −$10.6Kdoesn't fit
ApeX Omni: 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 exchanges

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%8h28.016−0.051%$48K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.991−0.138%$38K$374K10xas long as short
Binance BMNRUSDTshort0.0000%8h28.010−0.071%$21.8M$44.6M25x
Bybit BMNRUSDT0.0000%8h27.993−0.132%$3.2M$1.7M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.020−0.036%$3.6M$2.9M20xas long as short
Gate BMNR_USDT0.0000%8h28.000−0.107%$4.1M$7.5M50xas long as short
Bitget BMNRUSDT0.0000%8h28.019−0.039%$1.9M$1.2M20xas long as short
Variational Omni BMNR0.0000%8h28.008−0.077%$217K$437Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.030−0.002%$6K$164K10xas long as short
SunX BMNR-USDT0.0000%8h28.008−0.078%$871$611K10xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.992−0.136%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.000−0.107%$1.6M$1.4M10xas long as short
BloFin BMNR-USDT+0.0005%8h28.010−0.071%$217K$60K20xas long as short
Lighter BMNR+0.0032%1h27.992−0.136%$352K$58K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.040+0.036%$36K25xas long as short
QFEX BMNR-USD+0.0049%1h28.010−0.071%$1.2M$978K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.020−0.036%$36K$10K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.000−0.107%$682K$776K20xas long as short
ApeX Omni BMNRUSDTlong+0.0100%1h28.030long leg$25K$23K50x
tradeXYZ xyz:BMNR+0.0257%1h28.029−0.004%$1.0M$1.5M10xas long as short