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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0455%/8h= +49.8% APRnext payment +$0.57 per $10,000 · paid last 24h −0.105%
Price spread now: Ondo Perps against tradeXYZ−0.047%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · Ondo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.047% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 8 hours of funding at the current rate (+$14 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BMNR27.473−0.0405get 0.0051% / 1h30m 38s$811K$1.6M10x
ShortOndo Perps BMNR-USD.P27.4600.0050get 0.0006% / 1h30m 38s$36K$14K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against tradeXYZ. 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
$95.6
Price spread: −0.047% → 0.000%
−$4.73
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$67.87
Costs to cover
0.230%
Break-even
2.0 days
Slippage unknown: tradeXYZ: live order book, 7 min ago; Ondo Perps: no order-book sample. 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 tradeXYZ live order book, 7 min ago0.36 bp16.5 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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
Bitget BMNRUSDT−0.0525%8h27.537+0.233%$1.8M$1.3M20xas long as short
tradeXYZ xyz:BMNRlong−0.0405%1h27.473long leg$811K$1.6M10x
Aster BMNRUSDT0.0000%8h27.515+0.152%$47K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.503+0.108%$58K$357K10xas long as short
Binance BMNRUSDT0.0000%8h27.510+0.135%$21.6M$51.5M25xas long as short
Bybit BMNRUSDT0.0000%8h27.503+0.109%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.520+0.171%$3.5M$4.0M20xas long as short
Gate BMNR_USDT0.0000%8h27.510+0.135%$4.1M$8.5M50xas long as short
Variational Omni BMNR0.0000%8h27.510+0.134%$213K$607Kas long as short
GRVT BMNR_USDT_Perp0.0000%8h27.500+0.098%$5K$185K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h27.516+0.157%$1K$816K10xas long as short
HTX BMNR-USDT0.0000%8h27.504+0.113%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.510+0.135%$1.6M$1.5M10xas long as short
BloFin BMNR-USDT+0.0001%8h27.490+0.062%$207K$54K20xas long as short
Vest BMNR-USD-PERP+0.0007%1h27.470−0.011%$36K25xas long as short
QFEX BMNR-USD+0.0010%1h27.500+0.098%$1.2M$1.0M10xas long as short
Lighter BMNR+0.0032%1h27.525+0.189%$344K$50K10xas long as short
Ondo Perps BMNR-USD.Pshort+0.0050%1h27.460−0.047%$36K$14K5x
KuCoin BMNRUSDTM+0.0100%8h27.490+0.062%$671K$703K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.500+0.098%$24K$29K50xas long as short