Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h +0.019%

Price spread now: ApeX Omni against BloFin−0.181%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.185%−$18 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. ApeX Omni is 0.181% cheaper against BloFin than usual: you would sell low and buy high (spread −0.181% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 5.1 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.185%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BMNR-USDT	27.700	−0.0018	get 0.0018% / 8h	2h 08m	$205K	$52K	20x
Short	ApeX Omni BMNRUSDT	27.650	0.0100	get 0.0013% / 1h	8m 25s	$24K	$29K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee ApeX OmnibpOrdersPrice spread, now −0.181%Rate

Funding earned: $24.79
Price spread: −0.181% → 0.000%: −$18.05
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$15.26
Costs to cover: 0.220%
Break-even: 11.3 days

Slippage unknown: BloFin: live order book, 7 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 7 min ago	3.63 bp	9.6 bp −$10	14.1 bp −$141	64.1 bp −$6,413	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BMNRUSDT	−0.0881%	8h	27.681	−0.069%	$1.8M	$1.3M	20x	as long as short
BloFin BMNR-USDTlong	−0.0018%	8h	27.700	long leg	$205K	$52K	20x
Vest BMNR-USD-PERP	−0.0010%	1h	27.610	−0.325%	—	$36K	25x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.673	−0.098%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.649	−0.183%	$57K	$498K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.666	−0.124%	$21.7M	$52.9M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.663	−0.134%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.680	−0.072%	$3.5M	$4.2M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.660	−0.144%	$4.1M	$9.0M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.650	−0.180%	$214K	$596K	—	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BMNR_USDT_Perp	0.0000%	8h	27.640	−0.216%	$5K	$190K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.691	−0.032%	$1K	$867K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.692	−0.029%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.650	−0.181%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0013%	1h	27.650	−0.181%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.662	−0.137%	$346K	$56K	10x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.646	−0.195%	$909K	$1.4M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.610	−0.325%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.630	−0.253%	$676K	$737K	20x	as long as short
ApeX Omni BMNRUSDTshort	+0.0100%	1h	27.650	−0.181%	$24K	$29K	50x