Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0013%/8h= +1.4% APRpaid last 24h +0.015%

Price spread now: Vest against Gate−0.109%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 Vest

What this pair did over the last

the charts below follow

Funding, last 4 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 0.109% cheaper against Gate than usual: you would sell low and buy high (spread −0.109% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 28 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BMNR_USDT	27.590	0	get 0.0000% / 8h	7h 35m	$4.1M	$7.9M	50x
Short	Vest BMNR-USD-PERP	27.560	0.0013	get 0.0002% / 1h	35m 32s	—	$36K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.109%Rate

Funding earned: $2.72
Price spread: −0.109% → 0.000%: −$10.87
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Vest: 1 bp × 2 orders: −$2
Net: −$25.15
Costs to cover: 0.170%
Break-even: 71.7 days

Slippage unknown: Gate: live order book, 3 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 Gate live order book, 3 min ago	3.63 bp	21.1 bp −$21	76.3 bp −$763	doesn't fit	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 BMNRUSDT	−0.0284%	8h	27.591	+0.004%	$1.9M	$1.3M	20x	as long as short
tradeXYZ xyz:BMNR	−0.0097%	1h	27.570	−0.072%	$763K	$1.5M	10x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.575	−0.054%	$47K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.583	−0.024%	$59K	$363K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.587	−0.010%	$21.5M	$50.1M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.587	−0.011%	$3.2M	$1.8M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.580	−0.036%	$3.5M	$3.7M	20x	as long as short
Gate BMNR_USDTlong	0.0000%	8h	27.590	long leg	$4.1M	$7.9M	50x
Variational Omni BMNR	0.0000%	8h	27.600	+0.038%	$213K	$607K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.560	−0.109%	$5K	$178K	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	27.595	+0.018%	$1K	$788K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.595	+0.018%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.610	+0.072%	$1.6M	$1.4M	10x	as long as short
QFEX BMNR-USD	+0.0010%	1h	27.580	−0.036%	$1.2M	$993K	10x	as long as short
Vest BMNR-USD-PERPshort	+0.0013%	1h	27.560	−0.109%	—	$36K	25x
BloFin BMNR-USDT	+0.0018%	8h	27.600	+0.036%	$209K	$62K	20x	as long as short
Lighter BMNR	+0.0032%	1h	27.594	+0.014%	$344K	$53K	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.510	−0.290%	$36K	$11K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.560	−0.109%	$672K	$711K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.580	−0.036%	$24K	$23K	50x	as long as short