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+0.0082%/8h= +9.0% APRnext payment +$0.10 per $10,000 · paid last 24h +0.024%
Price spread now: ApeX Omni against QFEX−0.108%56s7-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 4 days (all we have)no history yet
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 0.108% cheaper against QFEX than usual: you would sell low and buy high (spread −0.108% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 4.4 days of funding at the current rate (+$2 a day). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BMNR-USD27.7900.0018pay 0.0002% / 1h9m 40s$1.2M$1.1M10x
ShortApeX Omni BMNRUSDT27.7600.0100get 0.0013% / 1h9m 40s$24K$29K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against QFEX. 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
$17.27
Price spread: −0.108% → 0.000%
−$10.8
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$13.52
Costs to cover
0.200%
Break-even
12.5 days
Slippage unknown: QFEX: 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 QFEX live order book, 2 min ago3.60 bp8.6 bp −$912.9 bp −$129doesn't fitdoesn'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 BMNRUSDT−0.0702%8h27.838+0.173%$1.9M$932K20xas long as short
BloFin BMNR-USDT−0.0007%8h27.810+0.072%$209K$52K20xas long as short
Aster BMNRUSDT0.0000%8h27.800+0.037%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.812+0.078%$52K$628K10xas long as short
Binance BMNRUSDT0.0000%8h27.819+0.105%$22.0M$52.7M25xas long as short
Bybit BMNRUSDT0.0000%8h27.802+0.043%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.820+0.108%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.810+0.072%$4.2M$9.3M50xas long as short
Variational Omni BMNR0.0000%8h27.800+0.035%$324K$504Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.770−0.073%$6K$183K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.788−0.007%$881$886K10xas long as short
HTX BMNR-USDT0.0000%8h27.772−0.065%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.820+0.108%$1.6M$1.5M10xas long as short
QFEX BMNR-USDlong+0.0018%1h27.790long leg$1.2M$1.1M10x
Lighter BMNR+0.0032%1h27.800+0.036%$350K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.760−0.108%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.806+0.058%$916K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.7900.000%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.800+0.036%$679K$771K20xas long as short
ApeX Omni BMNRUSDTshort+0.0100%1h27.760−0.108%$24K$29K50x