Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Bybit−0.011%99s7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1411.409% of the position

Long on Bybit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.074%+$7 on $10k

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BMNRUSDT	28.443	0	get 0.0000% / 8h	7h 45m	$3.4M	$2.0M	25x
Short	ApeX Omni BMNRUSDT	28.440	0.0100	get 0.0013% / 1h	45m 56s	$25K	$53K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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 BybitbpFee ApeX OmnibpOrdersPrice spread, now −0.011%Rate

Funding earned: $21
Price spread: −0.011% → 0.000%: −$1.05
Slippage, 4 orders: −$119.93
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$120.98
Costs to cover: 1.409%
Break-even: 47.3 days

Slippage from Bybit: live order book, 2 min ago; ApeX Omni: live order book, 90 min ago.

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 Bybit live order book, 2 min ago	2.99 bp	18.4 bp −$18	132.9 bp −$1,329	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 90 min ago	3.54 bp	53.3 bp −$53	doesn't fit	doesn't fit	doesn't fit

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
QFEX BMNR-USD	−0.0001%	1h	28.450	+0.025%	$1.2M	$1.8M	10x	as long as short
Aster BMNRUSDT	0.0000%	8h	28.451	+0.029%	$54K	$98K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	28.431	−0.042%	$42K	$493K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	28.439	−0.014%	$22.5M	$54.8M	25x	as long as short
Bybit BMNRUSDTlong	0.0000%	8h	28.443	long leg	$3.4M	$2.0M	25x
OKX BMNR-USDT-SWAP	0.0000%	8h	28.450	+0.025%	$3.7M	$6.0M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	28.450	+0.025%	$4.1M	$9.7M	50x	as long as short
Bitget BMNRUSDT	0.0000%	8h	28.458	+0.053%	$2.0M	$1.1M	20x	as long as short
Variational Omni BMNR	0.0000%	8h	28.436	−0.026%	$317K	$493K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	28.436	−0.023%	$6K	$187K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX BMNR-USDT	0.0000%	8h	28.478	+0.123%	$1K	$989K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	28.465	+0.077%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	28.420	−0.081%	$1.6M	$1.5M	10x	as long as short
BloFin BMNR-USDT	0.0000%	8h	28.410	−0.116%	$213K	$58K	20x	as long as short
Lighter BMNR	+0.0032%	1h	28.422	−0.074%	$336K	$24K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	28.470	+0.095%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	28.400	−0.151%	$37K	$16K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	28.440	−0.011%	$704K	$768K	20x	as long as short
ApeX Omni BMNRUSDTshort	+0.0100%	1h	28.440	−0.011%	$25K	$53K	50x
tradeXYZ xyz:BMNR	+0.0168%	1h	28.438	−0.018%	$967K	$1.5M	10x	as long as short