Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against Gate−0.181%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.181% cheaper against Gate than usual: you would sell low and buy high (spread −0.181% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 12 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BMNR_USDT	27.560	0	get 0.0000% / 8h	7h 38m	$4.1M	$7.9M	50x
Short	Ondo Perps BMNR-USD.P	27.510	0.0050	get 0.0006% / 1h	38m 21s	$36K	$11K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.181%Rate

Funding earned: $10.58
Price spread: −0.181% → 0.000%: −$18.14
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$27.56
Costs to cover: 0.200%
Break-even: 25.2 days

Slippage unknown: Gate: live order book, 5 min ago; Ondo Perps: 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 Gate live order book, 5 min ago	7.25 bp	18.5 bp −$18	77.2 bp −$772	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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 BMNRUSDT	−0.0298%	8h	27.578	+0.065%	$1.9M	$1.3M	20x	as long as short
tradeXYZ xyz:BMNR	−0.0119%	1h	27.559	−0.004%	$763K	$1.5M	10x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.559	−0.005%	$47K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.555	−0.017%	$59K	$363K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.562	+0.006%	$21.5M	$50.2M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.561	+0.004%	$3.2M	$1.8M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.570	+0.036%	$3.5M	$3.7M	20x	as long as short
Gate BMNR_USDTlong	0.0000%	8h	27.560	long leg	$4.1M	$7.9M	50x
Variational Omni BMNR	0.0000%	8h	27.560	+0.002%	$213K	$607K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.589	+0.107%	$5K	$181K	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	27.553	−0.025%	$1K	$789K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.581	+0.076%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.550	−0.036%	$1.6M	$1.4M	10x	as long as short
BloFin BMNR-USDT	+0.0001%	8h	27.560	0.000%	$208K	$62K	20x	as long as short
QFEX BMNR-USD	+0.0010%	1h	27.550	−0.036%	$1.2M	$993K	10x	as long as short
Vest BMNR-USD-PERP	+0.0012%	1h	27.520	−0.145%	—	$36K	25x	as long as short
Lighter BMNR	+0.0032%	1h	27.577	+0.062%	$344K	$53K	10x	as long as short
Ondo Perps BMNR-USD.Pshort	+0.0050%	1h	27.510	−0.181%	$36K	$11K	5x
KuCoin BMNRUSDTM	+0.0100%	8h	27.560	0.000%	$672K	$709K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.560	0.000%	$24K	$23K	50x	as long as short