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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0777%/8h= −85.1% APRnext payment $7.77 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against Variational Omni−0.030%7-day average +0.014% · 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)−0.078%−$8 on $10k
Price spread, last 4 days (all we have)−0.162%−$16 · spread now −0.030%, 7d avg +0.014%
Together, before fees−0.240%+ Points / potential airdropVariational Omni: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Bitget is 0.044% cheaper against Variational Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.078% in total (about -7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $7.77 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BMNR27.5800get 0.0000% / 8h1h 54m$224K$607K
ShortBitget BMNRUSDT27.572−0.0777pay 0.0777% / 8h1h 54m$1.8M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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
−$163.17
Price spread: −0.030% → +0.014%
−$4.4
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$179.57
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 55 min ago; Bitget: live order book, 2 min ago. 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 Variational Omni RFQ quote, 55 min ago4.73 bpdoesn't fit28.4 bp −$284doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago2.54 bp44.2 bp −$44doesn't fitdoesn't fitdoesn't fit

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 BMNRUSDTshort−0.0777%8h27.572−0.030%$1.8M$1.3M20x
Vest BMNR-USD-PERP−0.0004%1h27.510−0.254%$36K25xas long as short
Aster BMNRUSDT0.0000%8h27.537−0.158%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.520−0.218%$57K$498K10xas long as short
Binance BMNRUSDT0.0000%8h27.529−0.187%$21.6M$53.0M25xas long as short
Bybit BMNRUSDT0.0000%8h27.541−0.142%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.550−0.109%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.540−0.146%$4.1M$8.6M50xas long as short
Variational Omni BMNRlong0.0000%8h27.580long leg$224K$607K
GRVT BMNR_USDT_Perp0.0000%8h27.616+0.131%$6K$190K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.634+0.195%$1K$864K10xas long as short
HTX BMNR-USDT0.0000%8h27.550−0.109%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.550−0.109%$1.6M$1.5M10xas long as short
BloFin BMNR-USDT+0.0001%8h27.580−0.001%$206K$52K20xas long as short
QFEX BMNR-USD+0.0019%1h27.530−0.182%$1.2M$1.1M10xas long as short
Lighter BMNR+0.0032%1h27.546−0.124%$344K$52K10xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.532−0.175%$905K$1.4M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.620+0.144%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.530−0.182%$673K$731K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.590+0.036%$24K$29K50xas long as short