Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.029%

Price spread now: Variational Omni against ApeX Omni+0.181%7-day average — · you sell dearer than you buy

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

Long on ApeX Omni Short on Variational Omni

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.181% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.181% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni BMNRUSDT	27.590	0.0100	pay 0.0013% / 1h	7m 08s	$24K	$29K	50x
Short	Variational Omni BMNR	27.640	0	get 0.0000% / 8h	3h 07m	$322K	$504K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee Variational OmnibpOrdersPrice spread, now +0.181%Rate

Funding earned: −$21
Price spread: +0.181% → 0.000%: $18.08
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$12.92
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: ApeX Omni: no order-book sample; Variational Omni: RFQ quote, 47 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 ApeX Omni no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 47 min ago	4.70 bp	doesn't fit	29.8 bp −$298	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BMNRUSDT	−0.0661%	8h	27.665	+0.272%	$1.9M	$920K	20x	as long as short
BloFin BMNR-USDT	0.0000%	8h	27.650	+0.217%	$208K	$52K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.648	+0.211%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.633	+0.155%	$57K	$455K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.656	+0.240%	$21.8M	$52.3M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.636	+0.167%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.650	+0.217%	$3.5M	$4.1M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.640	+0.181%	$4.1M	$9.1M	50x	as long as short
Variational Omni BMNRshort	0.0000%	8h	27.640	+0.181%	$322K	$504K	—
GRVT BMNR_USDT_Perp	0.0000%	8h	27.613	+0.083%	$6K	$188K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX BMNR-USDT	0.0000%	8h	27.645	+0.199%	$981	$866K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.624	+0.123%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.630	+0.145%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.650	+0.217%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.653	+0.228%	$348K	$52K	10x	as long as short
Vest BMNR-USD-PERP	+0.0041%	1h	27.610	+0.072%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.638	+0.174%	$910K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.620	+0.109%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.620	+0.109%	$675K	$754K	20x	as long as short
ApeX Omni BMNRUSDTlong	+0.0100%	1h	27.590	long leg	$24K	$29K	50x