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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0088%/8h= −9.6% APRnext payment $0.11 per $10,000 · paid last 24h −0.024%
Price spread now: QFEX against ApeX Omni−0.108%7-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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and QFEX is 0.108% cheaper against ApeX Omni than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BMNRUSDT27.8000.0100pay 0.0013% / 1h46m 42s$24K$29K50x
ShortQFEX BMNR-USD27.7700.0012get 0.0002% / 1h46m 42s$1.2M$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against ApeX 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
−$18.43
Price spread: −0.108% → 0.000%
−$10.79
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$49.22
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: ApeX Omni: no order-book sample; QFEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni no order-book sample
Sell QFEX live order book, 5 min ago1.80 bp10.4 bp −$1015.8 bp −$158doesn't fitdoesn't fit
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−0.0748%8h27.776−0.086%$1.9M$929K20xas long as short
Aster BMNRUSDT0.0000%8h27.792−0.028%$50K$100K20xas long as short
Extended BMNR-USD0.0000%1h27.752−0.171%$52K$634K10xas long as short
Binance BMNRUSDT0.0000%8h27.740−0.216%$22.0M$52.7M25xas long as short
Bybit BMNRUSDT0.0000%8h27.746−0.194%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.750−0.180%$3.6M$4.3M20xas long as short
Gate BMNR_USDT0.0000%8h27.760−0.144%$4.2M$9.5M50xas long as short
Variational Omni BMNR0.0000%8h27.820+0.070%$317K$497Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.825+0.089%$6K$175K10xas long as short
SunX BMNR-USDT0.0000%8h27.783−0.061%$1K$892K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.740−0.216%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.750−0.180%$1.6M$1.5M10xas long as short
QFEX BMNR-USDshort+0.0012%1h27.770−0.108%$1.2M$1.2M10x
BloFin BMNR-USDT+0.0025%8h27.780−0.072%$61K20xas long as short
Lighter BMNR+0.0032%1h27.765−0.126%$349K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.750−0.180%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.743−0.205%$924K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.780−0.072%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.750−0.180%$679K$807K20xas long as short
ApeX Omni BMNRUSDTlong+0.0100%1h27.800long leg$24K$29K50x