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−0.0046%/8h= −5.0% APRpaid last 24h −0.017%
Price spread now: Phemex against Vest+0.072%7-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
The price spread pays, funding is against you. Phemex is 0.072% dearer against Vest than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BMNR-USD-PERP27.7500.0046pay 0.0006% / 1h38m 39s$36K25x
ShortPhemex BMNRUSDT27.7700get 0.0000% / 8h3h 38m$1.6M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
−$9.59
Price spread: +0.072% → 0.000%
$7.21
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$16.39
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Phemex: live order book, 4 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 Phemex live order book, 4 min ago3.60 bp39.5 bp −$40doesn'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−0.0589%8h27.809+0.213%$1.9M$921K20xas long as short
Aster BMNRUSDT0.0000%8h27.766+0.057%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.777+0.098%$52K$619K10xas long as short
Binance BMNRUSDT0.0000%8h27.785+0.125%$22.0M$52.2M25xas long as short
Bybit BMNRUSDT0.0000%8h27.778+0.101%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.790+0.144%$3.5M$4.1M20xas long as short
Gate BMNR_USDT0.0000%8h27.790+0.144%$4.2M$9.0M50xas long as short
Variational Omni BMNR0.0000%8h27.780+0.109%$324K$504Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.782+0.114%$6K$185K10xas long as short
SunX BMNR-USDT0.0000%8h27.829+0.285%$1K$871K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.766+0.058%$5K$40K20xas long as short
Phemex BMNRUSDTshort0.0000%8h27.770+0.072%$1.6M$1.5M10x
BloFin BMNR-USDT+0.0005%8h27.780+0.108%$208K$52K20xas long as short
QFEX BMNR-USD+0.0012%1h27.780+0.108%$1.2M$1.1M10xas long as short
Lighter BMNR+0.0032%1h27.799+0.177%$350K$52K10xas long as short
Vest BMNR-USD-PERPlong+0.0046%1h27.750long leg$36K25x
tradeXYZ xyz:BMNR+0.0050%1h27.772+0.079%$915K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.740−0.036%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.770+0.072%$679K$765K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.820+0.252%$24K$29K50xas long as short