Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: SunX against Binance+0.285%46s7-day average +0.005% · you sell dearer than you buy

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

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.398%−$40 on $10k

Price spread, last 4 days (all we have)−0.555%−$56 · spread now +0.285%, 7d avg +0.005%

Together, before fees−0.953%−$95 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: SunX is 0.280% dearer against Binance than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of +0.005%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BMNRUSDT	27.456	0	get 0.0000% / 8h	7h 30m	$21.4M	$49.9M	25x
Short	SunX BMNR-USDT	27.534	0	get 0.0000% / 8h	7h 30m	$1K	$782K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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 BinancebpFee SunXbpOrdersPrice spread, now +0.285%Rate

Funding earned: $0
Price spread: +0.285% → +0.005%: $27.98
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: $9.98
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Binance: live order book, 12 min ago; SunX: live order book, 22 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 Binance live order book, 12 min ago	1.82 bp	9.2 bp −$9	23.4 bp −$234	128.7 bp −$12.9K	doesn't fit
Sell SunX live order book, 22 min ago	500.21 bp	doesn't fit	doesn't fit	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	−0.0259%	8h	27.462	+0.023%	$1.8M	$1.3M	20x	as long as short
tradeXYZ xyz:BMNR	−0.0052%	1h	27.443	−0.047%	$760K	$1.5M	10x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.483	+0.100%	$47K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.454	−0.006%	$58K	$360K	10x	as long as short
Binance BMNRUSDTlong	0.0000%	8h	27.456	long leg	$21.4M	$49.9M	25x
Bybit BMNRUSDT	0.0000%	8h	27.444	−0.043%	$3.2M	$1.8M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.470	+0.052%	$3.5M	$3.8M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.460	+0.015%	$4.1M	$8.0M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.480	+0.090%	$213K	$607K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.570	+0.414%	$5K	$178K	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-USDTshort	0.0000%	8h	27.534	+0.285%	$1K	$782K	10x
HTX BMNR-USDT	0.0000%	8h	27.502	+0.168%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.460	+0.015%	$1.6M	$1.4M	10x	as long as short
QFEX BMNR-USD	+0.0010%	1h	27.490	+0.125%	$1.2M	$994K	10x	as long as short
Vest BMNR-USD-PERP	+0.0016%	1h	27.470	+0.052%	—	$36K	25x	as long as short
BloFin BMNR-USDT	+0.0020%	8h	27.570	+0.416%	$209K	$62K	20x	as long as short
Lighter BMNR	+0.0032%	1h	27.471	+0.055%	$343K	$53K	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.540	+0.307%	$36K	$11K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.450	−0.021%	$668K	$715K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.540	+0.307%	$24K	$23K	50x	as long as short