Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.217%

Price spread now: tradeXYZ against Bitget+0.007%7-day average −0.013% · you sell dearer than you buy

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

Long on Bitget Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.909%+$91 on $10k

Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.007%, 7d avg −0.013%

Together, before fees+0.821%+ Points / potential airdroptradeXYZ: Active · farm board+$82 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.020% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BMNRUSDT	28.501	0	get 0.0000% / 8h	40m 36s	$2.0M	$1.1M	20x
Short	tradeXYZ xyz:BMNR	28.503	0.0050	get 0.0006% / 1h	40m 36s	$955K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.007%Rate

Funding earned: $10.5
Price spread: +0.007% → −0.013%: $2.03
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$17.47
Costs to cover: 0.300%
Break-even: 18.6 days

Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago	2.28 bp	25.3 bp −$25	38.9 bp −$389	161.8 bp −$16.2K	doesn't fit
Sell tradeXYZ live order book, 7 min ago	0.70 bp	14.7 bp −$15	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	−0.0003%	8h	28.480	−0.074%	$211K	$58K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	28.490	−0.040%	$54K	$98K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	28.475	−0.090%	$40K	$462K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	28.480	−0.074%	$22.6M	$55.3M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	28.489	−0.042%	$3.4M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	28.480	−0.074%	$3.7M	$6.1M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	28.480	−0.074%	$3.8M	$10.2M	50x	as long as short
Bitget BMNRUSDTlong	0.0000%	8h	28.501	long leg	$2.0M	$1.1M	20x
Variational Omni BMNR	0.0000%	8h	28.471	−0.104%	$317K	$493K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	28.500	−0.003%	$5K	$190K	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	28.469	−0.112%	$1K	$1.0M	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	28.457	−0.154%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	28.490	−0.039%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0004%	1h	28.500	−0.004%	$1.2M	$1.8M	10x	as long as short
Lighter BMNR	+0.0032%	1h	28.485	−0.056%	$337K	$25K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	28.560	+0.207%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNRshort	+0.0050%	1h	28.503	+0.007%	$955K	$1.5M	10x
Ondo Perps BMNR-USD.P	+0.0050%	1h	28.490	−0.039%	$37K	$26K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	28.480	−0.074%	$705K	$777K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	28.500	−0.004%	$25K	$82K	50x	as long as short