Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: SunX against Bitget−0.021%50s7-day average −0.047% · you buy dearer than you sell

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

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 3 days (all we have)−0.209%−$21 · spread now −0.021%, 7d avg −0.047%

Together, before fees−0.206%−$21 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 0.026% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.047%. The two prices were read 50 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	Bitget BMNRUSDT	28.357	0	get 0.0000% / 8h	2h 09m	$2.0M	$1.2M	20x
Short	SunX BMNR-USDT	28.351	0	get 0.0000% / 8h	2h 09m	$1K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.021%Rate

Funding earned: $0
Price spread: −0.021% → −0.047%: $2.63
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$17.37
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 8 min ago; SunX: live order book, 3 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 Bitget live order book, 8 min ago	4.40 bp	52.5 bp −$53	65.4 bp −$654	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	500.06 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
BloFin BMNR-USDT	−0.0024%	8h	28.350	−0.025%	$213K	$59K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	28.365	+0.028%	$53K	$98K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	28.331	−0.091%	$40K	$462K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	28.334	−0.082%	$22.4M	$55.4M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	28.346	−0.039%	$3.4M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	28.360	+0.011%	$3.6M	$6.1M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	28.350	−0.025%	$3.8M	$10.5M	50x	as long as short
Bitget BMNRUSDTlong	0.0000%	8h	28.357	long leg	$2.0M	$1.2M	20x
Variational Omni BMNR	0.0000%	8h	28.345	−0.044%	$309K	$464K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	28.357	0.000%	$5K	$198K	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	28.351	−0.021%	$1K	$1.0M	10x
HTX BMNR-USDT	0.0000%	8h	28.353	−0.014%	$6K	$39K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	28.330	−0.095%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0011%	1h	28.330	−0.095%	$1.2M	$1.8M	10x	as long as short
Lighter BMNR	+0.0032%	1h	28.381	+0.085%	$337K	$25K	10x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	28.339	−0.063%	$951K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	28.440	+0.293%	$37K	$34K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	28.350	−0.025%	$707K	$757K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	28.370	+0.046%	$25K	$171K	50x	as long as short
Vest BMNR-USD-PERP	+0.0109%	1h	28.410	+0.187%	—	$36K	25x	as long as short