Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Bitget−0.042%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1301.304% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.139%+$14 on $10k

Price spread, last 7 days+0.051%+$5 · spread now −0.042%, 7d avg −0.017%

Together, before fees+0.191%+$19 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: Bybit is 0.025% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BMNRUSDT	28.360	0	get 0.0000% / 8h	7h 11m	$2.0M	$1.0M	20x
Short	Bybit BMNRUSDT	28.348	0	get 0.0000% / 8h	7h 11m	$3.4M	$2.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now −0.042%Rate

Funding earned: $0
Price spread: −0.042% → −0.017%: −$2.51
Slippage, 4 orders: −$107.43
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$132.94
Costs to cover: 1.304%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 1 min ago.

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 Bitget live order book, 1 min ago	2.29 bp	29.4 bp −$29	57.6 bp −$576	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	3.88 bp	18.4 bp −$18	137.2 bp −$1,372	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
QFEX BMNR-USD	−0.0001%	1h	28.340	−0.071%	$1.2M	$1.6M	10x	as long as short
Aster BMNRUSDT	0.0000%	8h	28.362	+0.006%	$53K	$98K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	28.344	−0.058%	$41K	$592K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	28.330	−0.106%	$22.4M	$53.7M	25x	as long as short
Bybit BMNRUSDTshort	0.0000%	8h	28.348	−0.042%	$3.4M	$2.0M	25x
OKX BMNR-USDT-SWAP	0.0000%	8h	28.350	−0.035%	$3.6M	$5.9M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	28.360	0.000%	$4.3M	$10.0M	50x	as long as short
Bitget BMNRUSDTlong	0.0000%	8h	28.360	long leg	$2.0M	$1.0M	20x
Variational Omni BMNR	0.0000%	8h	28.320	−0.140%	$316K	$492K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	28.382	+0.079%	$6K	$180K	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-USDT	0.0000%	8h	28.357	−0.011%	$1K	$960K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	28.376	+0.056%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	28.330	−0.106%	$1.6M	$1.5M	10x	as long as short
BloFin BMNR-USDT	+0.0015%	8h	28.320	−0.141%	$212K	$57K	20x	as long as short
Lighter BMNR	+0.0032%	1h	28.341	−0.067%	$356K	$53K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	28.370	+0.035%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	28.340	−0.071%	$37K	$16K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	28.340	−0.071%	$699K	$771K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	28.340	−0.071%	$25K	$46K	50x	as long as short
tradeXYZ xyz:BMNR	+0.0394%	1h	28.363	+0.011%	$964K	$1.5M	10x	as long as short