Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0697%/8h= +76.3% APRpaid last 24h +0.016%

Price spread now: Vest against Bitget−0.210%7-day average — · you buy dearer than you sell

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

Long on Bitget 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 0.210% cheaper against Bitget than usual: you would sell low and buy high (spread −0.210% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 24 hours of funding at the current rate (+$21 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BMNRUSDT	27.578	−0.0696	get 0.0696% / 8h	1h 05m	$1.8M	$1.3M	20x
Short	Vest BMNR-USD-PERP	27.520	0.0001	get 0.0000% / 1h	5m 18s	—	$36K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.210%Rate

Funding earned: $146.4
Price spread: −0.210% → 0.000%: −$21.03
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: $111.36
Costs to cover: 0.140%
Break-even: 1.7 days

Slippage unknown: Bitget: live order book, 2 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 Bitget live order book, 2 min ago	3.08 bp	21.6 bp −$22	23.4 bp −$234	263.7 bp −$26.4K	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 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 BMNRUSDTlong	−0.0696%	8h	27.578	long leg	$1.8M	$1.3M	20x
tradeXYZ xyz:BMNR	−0.0056%	1h	27.516	−0.225%	$832K	$1.6M	10x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.546	−0.117%	$47K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.551	−0.097%	$58K	$346K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.545	−0.118%	$21.6M	$52.2M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.542	−0.131%	$3.2M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.550	−0.102%	$3.5M	$4.1M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.560	−0.065%	$4.1M	$8.6M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.550	−0.101%	$213K	$616K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.550	−0.102%	$5K	$187K	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	27.560	−0.065%	$1K	$839K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.555	−0.083%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.550	−0.102%	$1.6M	$1.5M	10x	as long as short
Vest BMNR-USD-PERPshort	+0.0001%	1h	27.520	−0.210%	—	$36K	25x
BloFin BMNR-USDT	+0.0013%	8h	27.550	−0.102%	$206K	$51K	20x	as long as short
QFEX BMNR-USD	+0.0019%	1h	27.550	−0.102%	$1.2M	$1.0M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.589	+0.040%	$345K	$52K	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.540	−0.138%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.530	−0.174%	$671K	$717K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.540	−0.138%	$24K	$29K	50x	as long as short