Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.048%

Price spread now: Variational Omni against OKX+0.036%7-day average −0.022% · you sell dearer than you buy

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

Long on OKX Short on Variational Omni

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)+0.163%+$16 · spread now +0.036%, 7d avg −0.022%

Together, before fees+0.120%+ Points / potential airdropVariational Omni: Active · farm board+$12 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: Variational Omni is 0.058% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BMNR-USDT-SWAP	27.630	0	get 0.0000% / 8h	3h 07m	$3.5M	$4.1M	20x
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 OKX. 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 OKXbpFee Variational OmnibpOrdersPrice spread, now +0.036%Rate

Funding earned: $0
Price spread: +0.036% → −0.022%: $5.81
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$4.19
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 5 min ago; 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 OKX live order book, 5 min ago	1.81 bp	13.2 bp −$13	118.4 bp −$1,184	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 47 min ago	4.70 bp	doesn't fit	29.8 bp −$298	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	−0.0661%	8h	27.665	+0.127%	$1.9M	$920K	20x	as long as short
BloFin BMNR-USDT	−0.0014%	8h	27.610	−0.072%	$208K	$52K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.633	+0.010%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.633	+0.010%	$57K	$455K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.620	−0.036%	$21.8M	$52.3M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.631	+0.004%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAPlong	0.0000%	8h	27.630	long leg	$3.5M	$4.1M	20x
Gate BMNR_USDT	0.0000%	8h	27.630	0.000%	$4.1M	$9.1M	50x	as long as short
Variational Omni BMNRshort	0.0000%	8h	27.640	+0.036%	$322K	$504K	—
GRVT BMNR_USDT_Perp	0.0000%	8h	27.613	−0.062%	$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	27.606	−0.087%	$980	$866K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.604	−0.094%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.620	−0.036%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.650	+0.072%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.653	+0.083%	$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	+0.029%	$910K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.620	−0.036%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.620	−0.036%	$675K	$754K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.590	−0.145%	$24K	$29K	50x	as long as short