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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Bybit against ApeX Omni+0.112%109s7-day average · 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 7 days−0.075%−$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Bybit is 0.112% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.112% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.7 days. At the pace of the last 7 days (−0.075% in total) that is about 10 days. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BMNRUSDT27.8000.0100pay 0.0013% / 1h51m 40s$24K$29K50x
ShortBybit BMNRUSDT27.8310get 0.0000% / 8h5h 51m$3.3M$1.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.112% → 0.000%
$11.15
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$30.85
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Bybit: live order book, 6 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 Bybit live order book, 6 min ago2.34 bp16.7 bp −$17129.9 bp −$1,299doesn't fitdoesn'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 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−0.0721%8h27.869+0.248%$2.0M$926K20xas long as short
Aster BMNRUSDT0.0000%8h27.849+0.176%$50K$100K20xas long as short
Extended BMNR-USD0.0000%1h27.816+0.056%$52K$634K10xas long as short
Binance BMNRUSDT0.0000%8h27.825+0.090%$22.1M$52.7M25xas long as short
Bybit BMNRUSDTshort0.0000%8h27.831+0.112%$3.3M$1.9M25x
OKX BMNR-USDT-SWAP0.0000%8h27.850+0.180%$3.6M$4.3M20xas long as short
Gate BMNR_USDT0.0000%8h27.830+0.108%$4.2M$9.5M50xas long as short
Variational Omni BMNR0.0000%8h27.860+0.217%$317K$497Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.807+0.027%$5K$177K10xas long as short
SunX BMNR-USDT0.0000%8h27.794−0.022%$1K$893K10xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.807+0.025%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.830+0.108%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0012%1h27.830+0.108%$1.2M$1.3M10xas long as short
Lighter BMNR+0.0032%1h27.811+0.040%$350K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.780−0.072%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.809+0.032%$926K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.850+0.180%$36K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.810+0.036%$679K$809K20xas long as short
ApeX Omni BMNRUSDTlong+0.0100%1h27.800long leg$24K$29K50x