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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.013%
Price spread now: KuCoin against Vest+0.072%50s7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.072% dearer against Vest than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BMNR-USD-PERP27.7700.0046pay 0.0006% / 1h36m 43s$36K25x
ShortKuCoin BMNRUSDTM27.7900.0100get 0.0100% / 8h3h 36m$679K$764K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Vest. 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
$11.41
Price spread: +0.072% → 0.000%
$7.2
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$4.61
Costs to cover
0.140%
Break-even
4.2 days
Slippage unknown: Vest: no order-book sample; KuCoin: live order book, 53 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 Vest no order-book sample
Sell KuCoin live order book, 53 min ago19.80 bp346.6 bp −$347doesn't fitdoesn't fitdoesn't fit
Vest: 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−0.0582%8h27.821+0.184%$1.9M$921K20xas long as short
BloFin BMNR-USDT−0.0020%8h27.800+0.108%$209K$52K20xas long as short
Aster BMNRUSDT0.0000%8h27.789+0.069%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.792+0.079%$52K$621K10xas long as short
Binance BMNRUSDT0.0000%8h27.800+0.108%$22.0M$52.2M25xas long as short
Bybit BMNRUSDT0.0000%8h27.790+0.072%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.800+0.108%$3.5M$4.1M20xas long as short
Gate BMNR_USDT0.0000%8h27.810+0.144%$4.2M$9.0M50xas long as short
Variational Omni BMNR0.0000%8h27.780+0.037%$324K$504Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.785+0.055%$6K$185K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.793+0.083%$1K$869K10xas long as short
HTX BMNR-USDT0.0000%8h27.766−0.014%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.800+0.108%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0012%1h27.790+0.072%$1.2M$1.1M10xas long as short
Lighter BMNR+0.0032%1h27.822+0.187%$350K$52K10xas long as short
Vest BMNR-USD-PERPlong+0.0046%1h27.770long leg$36K25x
tradeXYZ xyz:BMNR+0.0050%1h27.790+0.072%$916K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.810+0.144%$36K$15K5xas long as short
KuCoin BMNRUSDTMshort+0.0100%8h27.790+0.072%$679K$764K20x
ApeX Omni BMNRUSDT+0.0100%1h27.7700.000%$24K$29K50xas long as short