Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.024%

Price spread now: OKX against Variational Omni+0.054%7-day average +0.025% · you sell dearer than you buy

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

Long on Variational Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.043%+$4 on $10k

Price spread, last 4 days (all we have)−0.549%−$55 · spread now +0.054%, 7d avg +0.025%

Together, before fees−0.506%+ Points / potential airdropVariational Omni: Active · farm board−$51 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: OKX is 0.029% dearer against Variational Omni than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni BMNR	27.975	0	get 0.0000% / 8h	6h 57m	$216K	$551K	—
Short	OKX BMNR-USDT-SWAP	27.990	0	get 0.0000% / 8h	6h 57m	$3.6M	$3.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee Variational OmnibpFee OKXbpOrdersPrice spread, now +0.054%Rate

Funding earned: $0
Price spread: +0.054% → +0.025%: $2.88
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$7.12
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 37 min ago; OKX: live order book, 5 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 Variational Omni RFQ quote, 37 min ago	7.67 bp	doesn't fit	27.7 bp −$277	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	1.78 bp	16.6 bp −$17	144.6 bp −$1,446	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	−0.0075%	8h	27.970	−0.017%	$1.9M	$1.3M	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.934	−0.144%	$47K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.928	−0.166%	$59K	$355K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.951	−0.084%	$21.7M	$47.9M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.960	−0.053%	$3.3M	$1.8M	25x	as long as short
OKX BMNR-USDT-SWAPshort	0.0000%	8h	27.990	+0.054%	$3.6M	$3.2M	20x
Gate BMNR_USDT	0.0000%	8h	27.950	−0.089%	$4.1M	$7.5M	50x	as long as short
Variational Omni BMNRlong	0.0000%	8h	27.975	long leg	$216K	$551K	—
SunX BMNR-USDT	0.0000%	8h	27.903	−0.257%	$896	$710K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.953	−0.078%	$6K	$40K	20x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BMNRUSDT	0.0000%	8h	27.950	−0.089%	$1.6M	$1.4M	10x	as long as short
QFEX BMNR-USD	+0.0005%	1h	27.950	−0.089%	$1.2M	$987K	10x	as long as short
BloFin BMNR-USDT	+0.0006%	8h	27.910	−0.232%	$213K	$68K	20x	as long as short
Lighter BMNR	+0.0032%	1h	27.938	−0.132%	$351K	$58K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.910	−0.232%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.850	−0.446%	$36K	$10K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.930	−0.160%	$680K	$727K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.970	−0.017%	$25K	$23K	50x	as long as short
GRVT BMNR_USDT_Perp	+0.0171%	8h	28.030	+0.198%	$6K	$173K	10x	as long as short
tradeXYZ xyz:BMNR	+0.0436%	1h	27.953	−0.078%	$1.0M	$1.5M	10x	as long as short