Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.129%

Price spread now: tradeXYZ against HTX+0.135%7-day average — · you sell dearer than you buy

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

Long on HTX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.135% dearer against HTX than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX BMNR-USDT	27.484	0	get 0.0000% / 8h	1h 51m	$5K	$40K	20x
Short	tradeXYZ xyz:BMNR	27.521	0.0050	get 0.0006% / 1h	51m 54s	$905K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against HTX. 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 HTXbpFee tradeXYZbpOrdersPrice spread, now +0.135%Rate

Funding earned: $10.5
Price spread: +0.135% → 0.000%: $13.46
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$6.04
Costs to cover: 0.300%
Break-even: 11.0 days

Slippage unknown: HTX: no order-book sample; tradeXYZ: live order book, 4 min ago. 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 HTX no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 4 min ago	2.54 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

HTX: 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	−0.0771%	8h	27.558	+0.269%	$1.8M	$1.3M	20x	as long as short
Vest BMNR-USD-PERP	−0.0003%	1h	27.510	+0.095%	—	$36K	25x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.537	+0.193%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.505	+0.075%	$57K	$498K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.511	+0.099%	$21.6M	$53.0M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.524	+0.146%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.550	+0.240%	$3.5M	$4.2M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.540	+0.204%	$4.1M	$8.6M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.580	+0.350%	$224K	$607K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.577	+0.339%	$6K	$190K	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	27.550	+0.240%	$1K	$864K	10x	as long as short
HTX BMNR-USDTlong	0.0000%	8h	27.484	long leg	$5K	$40K	20x
Phemex BMNRUSDT	0.0000%	8h	27.540	+0.204%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0019%	1h	27.530	+0.167%	$1.2M	$1.1M	10x	as long as short
BloFin BMNR-USDT	+0.0027%	8h	27.560	+0.277%	$206K	$52K	20x	as long as short
Lighter BMNR	+0.0032%	1h	27.562	+0.284%	$344K	$52K	10x	as long as short
tradeXYZ xyz:BMNRshort	+0.0050%	1h	27.521	+0.135%	$905K	$1.4M	10x
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.520	+0.131%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.530	+0.167%	$672K	$731K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.590	+0.386%	$24K	$29K	50x	as long as short