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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0861%/8h= +94.3% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against Bitget−0.119%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+0.214%+$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.119% cheaper against Bitget than usual: you would sell low and buy high (spread −0.119% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 11 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.214% in total) that is about 3.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.214% in total (about 11.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BMNRUSDT27.723−0.0761get 0.0761% / 8h4h 35m$1.9M$936K20x
ShortApeX Omni BMNRUSDT27.6900.0100get 0.0013% / 1h35m 20s$24K$29K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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
$180.81
Price spread: −0.119% → 0.000%
−$11.9
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$146.91
Costs to cover
0.220%
Break-even
1.3 days
Slippage unknown: Bitget: live order book, 2 min ago; ApeX Omni: no order-book sample. 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 Bitget live order book, 2 min ago2.35 bp21.7 bp −$2225.9 bp −$259285.2 bp −$28.5Kdoesn't fit
Sell ApeX Omni no order-book sample
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 BMNRUSDTlong−0.0761%8h27.723long leg$1.9M$936K20x
BloFin BMNR-USDT−0.0024%8h27.730+0.025%$210K$52K20xas long as short
Aster BMNRUSDT0.0000%8h27.700−0.083%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.692−0.110%$53K$630K10xas long as short
Binance BMNRUSDT0.0000%8h27.694−0.105%$22.0M$52.8M25xas long as short
Bybit BMNRUSDT0.0000%8h27.692−0.112%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.690−0.119%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.690−0.119%$4.1M$9.2M50xas long as short
Variational Omni BMNR0.0000%8h27.670−0.191%$323K$504Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.717−0.022%$6K$181K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.696−0.097%$1K$888K10xas long as short
HTX BMNR-USDT0.0000%8h27.731+0.029%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.680−0.155%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0018%1h27.690−0.119%$1.2M$1.2M10xas long as short
Lighter BMNR+0.0032%1h27.669−0.195%$348K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.660−0.227%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.694−0.105%$913K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.630−0.335%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.710−0.047%$678K$780K20xas long as short
ApeX Omni BMNRUSDTshort+0.0100%1h27.690−0.119%$24K$29K50x