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 −0.026%

Price spread now: Bitget against Bybit+0.046%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$910.913% of the position

Long on Bybit Short on Bitget

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−0.071%−$7 · spread now +0.046%, 7d avg +0.015%

Together, before fees−0.210%−$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: Bitget is 0.030% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BMNRUSDT	28.467	0	get 0.0000% / 8h	47m 57s	$3.4M	$2.0M	25x
Short	Bitget BMNRUSDT	28.480	0	get 0.0000% / 8h	47m 57s	$2.0M	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now +0.046%Rate

Funding earned: $0
Price spread: +0.046% → +0.015%: $3.05
Slippage, 4 orders: −$68.35
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$88.3
Costs to cover: 0.913%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 4 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 Bybit live order book, 4 min ago	3.16 bp	27.4 bp −$27	121.3 bp −$1,213	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	1.58 bp	32.7 bp −$33	46.5 bp −$465	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	−0.0004%	8h	28.440	−0.095%	$212K	$58K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	28.408	−0.208%	$54K	$98K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	28.455	−0.043%	$40K	$462K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	28.460	−0.025%	$22.6M	$55.2M	25x	as long as short
Bybit BMNRUSDTlong	0.0000%	8h	28.467	long leg	$3.4M	$2.0M	25x
OKX BMNR-USDT-SWAP	0.0000%	8h	28.470	+0.011%	$3.6M	$6.1M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	28.470	+0.011%	$3.8M	$10.1M	50x	as long as short
Bitget BMNRUSDTshort	0.0000%	8h	28.480	+0.046%	$2.0M	$1.1M	20x
Variational Omni BMNR	0.0000%	8h	28.481	+0.051%	$317K	$493K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	28.490	+0.081%	$6K	$189K	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	28.438	−0.102%	$941	$1.0M	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	28.387	−0.281%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	28.460	−0.025%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0004%	1h	28.460	−0.025%	$1.2M	$1.8M	10x	as long as short
Lighter BMNR	+0.0032%	1h	28.459	−0.028%	$338K	$23K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	28.520	+0.186%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	28.480	+0.046%	$954K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	28.500	+0.116%	$37K	$26K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	28.430	−0.130%	$704K	$778K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	28.430	−0.130%	$25K	$82K	50x	as long as short