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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Phemex against ApeX Omni−0.036%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 7 days−0.210%−$21 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 Phemex is 0.036% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BMNRUSDT27.9600.0100pay 0.0013% / 1h36m 58s$24K$45K50x
ShortPhemex BMNRUSDT27.9500get 0.0000% / 8h6h 36m$1.6M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: −0.036% → 0.000%
−$3.58
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$46.58
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Phemex: live order book, 1 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 Phemex live order book, 1 min ago7.16 bp43.1 bp −$43doesn't fitdoesn'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 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
Bitget BMNRUSDT−0.0313%8h27.971+0.039%$2.0M$991K20xas long as short
Aster BMNRUSDT0.0000%8h27.9600.000%$50K$100K20xas long as short
Extended BMNR-USD0.0000%1h27.943−0.061%$38K$617K10xas long as short
Binance BMNRUSDT0.0000%8h27.950−0.036%$22.4M$54.0M25xas long as short
Bybit BMNRUSDT0.0000%8h27.942−0.064%$3.3M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.980+0.072%$3.6M$4.8M20xas long as short
Gate BMNR_USDT0.0000%8h27.970+0.036%$4.2M$9.6M50xas long as short
Variational Omni BMNR0.0000%8h27.991+0.110%$312K$492Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.980+0.072%$6K$179K10xas long as short
SunX BMNR-USDT0.0000%8h27.949−0.039%$1K$946K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.947−0.046%$6K$40K20xas long as short
Phemex BMNRUSDTshort0.0000%8h27.950−0.036%$1.6M$1.5M10x
QFEX BMNR-USD+0.0002%1h27.980+0.072%$1.2M$1.4M10xas long as short
BloFin BMNR-USDT+0.0017%8h28.000+0.143%$213K$62K20xas long as short
Lighter BMNR+0.0032%1h27.939−0.075%$351K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.940−0.072%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.9600.000%$36K$17K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.930−0.107%$683K$803K20xas long as short
ApeX Omni BMNRUSDTlong+0.0100%1h27.960long leg$24K$45K50x
tradeXYZ xyz:BMNR+0.0219%1h27.973+0.046%$943K$1.5M10xas long as short