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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0047%/8h= −5.1% APRnext payment $0.06 per $10,000 · paid last 24h −0.035%
Price spread now: QFEX against Ondo Perps−0.105%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.105% cheaper against Ondo Perps 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
LongOndo Perps BMNR-USD.P28.4700.0050pay 0.0006% / 1h13m 13s$37K$26K5x
ShortQFEX BMNR-USD28.4400.0004get 0.0000% / 1h13m 13s$1.2M$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Ondo Perps. 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
−$9.79
Price spread: −0.105% → 0.000%
−$10.54
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$35.33
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; QFEX: 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 Ondo Perps no order-book sample
Sell QFEX live order book, 4 min ago3.52 bp8.5 bp −$913.3 bp −$133doesn't fitdoesn't fit
Ondo Perps: 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
Aster BMNRUSDT0.0000%8h28.474+0.014%$54K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.435−0.122%$40K$462K10xas long as short
Binance BMNRUSDT0.0000%8h28.440−0.105%$22.5M$55.4M25xas long as short
Bybit BMNRUSDT0.0000%8h28.455−0.053%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.480+0.035%$3.7M$6.1M20xas long as short
Gate BMNR_USDT0.0000%8h28.460−0.035%$3.9M$10.4M50xas long as short
Bitget BMNRUSDT0.0000%8h28.461−0.032%$2.0M$1.1M20xas long as short
Variational Omni BMNR0.0000%8h28.451−0.067%$317K$493Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h28.431−0.135%$5K$188K10xas long as short
SunX BMNR-USDT0.0000%8h28.465−0.018%$993$1.0M10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h28.472+0.007%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.440−0.105%$1.6M$1.5M10xas long as short
QFEX BMNR-USDshort+0.0004%1h28.440−0.105%$1.2M$1.8M10x
BloFin BMNR-USDT+0.0022%8h28.440−0.105%$212K$58K20xas long as short
Lighter BMNR+0.0032%1h28.444−0.091%$336K$25K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.500+0.105%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.435−0.123%$967K$1.5M10xas long as short
Ondo Perps BMNR-USD.Plong+0.0050%1h28.470long leg$37K$26K5x
KuCoin BMNRUSDTM+0.0100%8h28.440−0.105%$704K$773K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.450−0.070%$25K$82K50xas long as short