Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0397%/8h= −43.5% APRpaid last 24h +0.110%

Price spread now: tradeXYZ against Binance−0.102%7-day average −0.039% · you buy dearer than you sell

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

Long on Binance Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.502%+$50 on $10k

Price spread, last 7 days−0.142%−$14 · spread now −0.102%, 7d avg −0.039%

Together, before fees+0.361%+ Points / potential airdroptradeXYZ: Active · farm board+$36 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and tradeXYZ is 0.063% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.039%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.502%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BMNRUSDT	27.510	0	get 0.0000% / 8h	10m 07s	$21.5M	$51.2M	25x
Short	tradeXYZ xyz:BMNR	27.482	−0.0397	pay 0.0050% / 1h	10m 07s	$765K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.102%Rate

Funding earned: −$83.44
Price spread: −0.102% → −0.039%: −$6.3
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$117.74
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 2 min ago; tradeXYZ: live order book, 7 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, 2 min ago	3.63 bp	9.7 bp −$10	20.9 bp −$209	92.6 bp −$9,262	doesn't fit
Sell tradeXYZ live order book, 7 min ago	1.27 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	−0.0461%	8h	27.532	+0.080%	$1.9M	$1.3M	20x	as long as short
tradeXYZ xyz:BMNRshort	−0.0397%	1h	27.482	−0.102%	$765K	$1.5M	10x
BloFin BMNR-USDT	−0.0029%	8h	27.510	0.000%	$207K	$51K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.509	−0.005%	$47K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.503	−0.024%	$57K	$360K	10x	as long as short
Binance BMNRUSDTlong	0.0000%	8h	27.510	long leg	$21.5M	$51.2M	25x
Bybit BMNRUSDT	0.0000%	8h	27.511	+0.004%	$3.2M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.530	+0.073%	$3.5M	$3.9M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.510	0.000%	$4.1M	$8.5M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.492	−0.067%	$213K	$607K	—	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BMNR_USDT_Perp	0.0000%	8h	27.524	+0.049%	$6K	$182K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.514	+0.015%	$894	$805K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.546	+0.131%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.510	0.000%	$1.6M	$1.4M	10x	as long as short
Vest BMNR-USD-PERP	+0.0004%	1h	27.460	−0.182%	—	$36K	25x	as long as short
QFEX BMNR-USD	+0.0010%	1h	27.500	−0.036%	$1.2M	$1.0M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.531	+0.076%	$344K	$53K	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.530	+0.073%	$36K	$14K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.500	−0.036%	$671K	$698K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.500	−0.036%	$24K	$23K	50x	as long as short