Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%

Price spread now: OKX against Gate−0.072%7-day average +0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$630.632% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.306%+$31 on $10k

Price spread, last 7 days+0.173%+$17 · spread now −0.072%, 7d avg +0.035%

Together, before fees+0.479%+$48 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: OKX is 0.106% cheaper against Gate than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BMNR_USDT	27.950	0	get 0.0000% / 8h	6h 58m	$4.1M	$7.5M	50x
Short	OKX BMNR-USDT-SWAP	27.930	0	get 0.0000% / 8h	6h 58m	$3.6M	$3.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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 GatebpFee OKXbpOrdersPrice spread, now −0.072%Rate

Funding earned: $0
Price spread: −0.072% → +0.035%: −$10.64
Slippage, 4 orders: −$38.19
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$73.83
Costs to cover: 0.632%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; OKX: 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 Gate live order book, 5 min ago	3.57 bp	18.4 bp −$18	78.2 bp −$782	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	1.78 bp	16.6 bp −$17	144.6 bp −$1,446	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
Bitget BMNRUSDT	−0.0080%	8h	27.935	−0.054%	$1.9M	$1.3M	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.929	−0.073%	$47K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.910	−0.145%	$59K	$355K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.915	−0.127%	$21.7M	$47.9M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.922	−0.100%	$3.2M	$1.8M	25x	as long as short
OKX BMNR-USDT-SWAPshort	0.0000%	8h	27.930	−0.072%	$3.6M	$3.2M	20x
Gate BMNR_USDTlong	0.0000%	8h	27.950	long leg	$4.1M	$7.5M	50x
Variational Omni BMNR	0.0000%	8h	27.975	+0.089%	$216K	$551K	—	as long as short
SunX BMNR-USDT	0.0000%	8h	27.922	−0.100%	$874	$713K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	28.038	+0.315%	$6K	$40K	20x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BMNRUSDT	0.0000%	8h	27.910	−0.143%	$1.6M	$1.4M	10x	as long as short
QFEX BMNR-USD	+0.0005%	1h	27.970	+0.072%	$1.2M	$985K	10x	as long as short
BloFin BMNR-USDT	+0.0016%	8h	27.950	0.000%	$212K	$68K	20x	as long as short
Lighter BMNR	+0.0032%	1h	27.937	−0.047%	$351K	$58K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.980	+0.107%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.980	+0.107%	$36K	$10K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.940	−0.036%	$680K	$727K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.970	+0.072%	$25K	$23K	50x	as long as short
GRVT BMNR_USDT_Perp	+0.0171%	8h	28.030	+0.287%	$6K	$173K	10x	as long as short
tradeXYZ xyz:BMNR	+0.0373%	1h	27.961	+0.039%	$1.0M	$1.5M	10x	as long as short