Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.021%

Price spread now: Variational Omni against Extended+0.213%7-day average +0.041% · you sell dearer than you buy

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

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.030%−$3 on $10k

Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.213%, 7d avg +0.041%

Together, before fees−0.016%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.173% dearer against Extended than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BMNR-USD	27.362	0	get 0.0000% / 1h	26m 29s	$60K	$497K	10x
Short	Variational Omni BMNR	27.421	0	get 0.0000% / 8h	2h 26m	$233K	$576K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ExtendedbpFee Variational OmnibpOrdersPrice spread, now +0.213%Rate

Funding earned: $0
Price spread: +0.213% → +0.041%: $17.27
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $12.27
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Extended: live order book, 21 min ago; Variational Omni: RFQ quote, 23 min ago. 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 Extended live order book, 21 min ago	3.27 bp	11.4 bp −$11	71.3 bp −$713	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 23 min ago	4.73 bp	doesn't fit	26.9 bp −$269	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
Bitget BMNRUSDT	−0.0901%	8h	27.410	+0.174%	$1.9M	$963K	20x	as long as short
Vest BMNR-USD-PERP	−0.0004%	1h	27.310	−0.191%	—	$36K	25x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.376	+0.049%	$48K	$101K	20x	as long as short
Extended BMNR-USDlong	0.0000%	1h	27.362	long leg	$60K	$497K	10x
Binance BMNRUSDT	0.0000%	8h	27.370	+0.028%	$21.6M	$52.6M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.362	−0.001%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.400	+0.138%	$3.5M	$4.1M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.390	+0.101%	$4.1M	$8.9M	50x	as long as short
Variational Omni BMNRshort	0.0000%	8h	27.421	+0.213%	$233K	$576K	—
GRVT BMNR_USDT_Perp	0.0000%	8h	27.474	+0.410%	$6K	$190K	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	27.374	+0.043%	$1K	$866K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.367	+0.017%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.370	+0.028%	$1.6M	$1.5M	10x	as long as short
BloFin BMNR-USDT	+0.0006%	8h	27.360	−0.009%	$207K	$51K	20x	as long as short
QFEX BMNR-USD	+0.0013%	1h	27.360	−0.009%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.369	+0.024%	$344K	$52K	10x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.361	−0.005%	$901K	$1.4M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.470	+0.393%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.360	−0.009%	$668K	$741K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.410	+0.174%	$24K	$29K	50x	as long as short