Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.007%

Price spread now: Vest against Binance−0.072%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Vest

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.072% cheaper against Binance than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 5.2 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BMNRUSDT	27.810	0	get 0.0000% / 8h	5h 54m	$22.1M	$52.7M	25x
Short	Vest BMNR-USD-PERP	27.790	0.0046	get 0.0006% / 1h	54m 26s	—	$36K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.072%Rate

Funding earned: $9.59
Price spread: −0.072% → 0.000%: −$7.19
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$9.6
Costs to cover: 0.120%
Break-even: 14.0 days

Slippage unknown: Binance: live order book, 3 min ago; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 3 min ago	1.80 bp	10.7 bp −$11	24.0 bp −$240	96.3 bp −$9,628	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 19 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	−0.0698%	8h	27.828	+0.065%	$2.0M	$926K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.849	+0.139%	$50K	$100K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.803	−0.024%	$52K	$634K	10x	as long as short
Binance BMNRUSDTlong	0.0000%	8h	27.810	long leg	$22.1M	$52.7M	25x
Bybit BMNRUSDT	0.0000%	8h	27.801	−0.032%	$3.3M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.850	+0.144%	$3.6M	$4.3M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.820	+0.036%	$4.2M	$9.4M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.860	+0.181%	$317K	$497K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.807	−0.009%	$5K	$177K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.844	+0.122%	$1K	$894K	10x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	27.778	−0.115%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.810	0.000%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.820	+0.036%	$1.2M	$1.3M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.811	+0.004%	$350K	$53K	10x	as long as short
Vest BMNR-USD-PERPshort	+0.0046%	1h	27.790	−0.072%	—	$36K	25x
tradeXYZ xyz:BMNR	+0.0050%	1h	27.789	−0.076%	$925K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.780	−0.108%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.800	−0.036%	$679K	$809K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.800	−0.036%	$24K	$29K	50x	as long as short