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: Aster against OKX−0.019%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$202as in the Funding arb table

Net, price: spread back to 7d avg − costs−$174as in the Price arb table

costs, in and out, $10k−$1711.714% of the position

Long on OKX Short on Aster

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.019%, 7d avg +0.008%

Together, before fees−0.215%+ Points / potential airdropAster: Stage 5 · farm board−$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: Aster is 0.027% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BMNR-USDT-SWAP	27.910	0	get 0.0000% / 8h	6h 19m	$3.6M	$2.9M	20x
Short	Aster BMNRUSDT	27.905	0	get 0.0000% / 8h	6h 19m	$47K	$101K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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 OKXbpFee AsterbpOrdersPrice spread, now −0.019%Rate

Funding earned: $0
Price spread: −0.019% → +0.008%: −$2.7
Slippage, 4 orders: −$153.36
Fee OKX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$174.06
Costs to cover: 1.714%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Aster: live order book, 29 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 OKX live order book, 1 min ago	1.79 bp	16.2 bp −$16	131.3 bp −$1,313	doesn't fit	doesn't fit
Sell Aster live order book, 29 min ago	52.13 bp	72.5 bp −$72	doesn't fit	doesn't fit	doesn't fit

BMNR on 20 exchanges

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
Aster BMNRUSDTshort	0.0000%	8h	27.905	−0.019%	$47K	$101K	20x
Extended BMNR-USD	0.0000%	1h	27.881	−0.103%	$38K	$373K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.889	−0.076%	$21.6M	$45.8M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.881	−0.104%	$3.2M	$1.8M	25x	as long as short
OKX BMNR-USDT-SWAPlong	0.0000%	8h	27.910	long leg	$3.6M	$2.9M	20x
Gate BMNR_USDT	0.0000%	8h	27.900	−0.036%	$4.1M	$7.6M	50x	as long as short
Bitget BMNRUSDT	0.0000%	8h	27.893	−0.061%	$1.9M	$1.2M	20x	as long as short
Variational Omni BMNR	0.0000%	8h	27.869	−0.146%	$215K	$507K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.890	−0.072%	$5K	$167K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.885	−0.090%	$993	$655K	10x	as long as short

Show all 20 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	27.889	−0.075%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.890	−0.072%	$1.6M	$1.4M	10x	as long as short
QFEX BMNR-USD	+0.0005%	1h	27.850	−0.215%	$1.2M	$974K	10x	as long as short
BloFin BMNR-USDT	+0.0022%	8h	27.880	−0.107%	$215K	$68K	20x	as long as short
Lighter BMNR	+0.0032%	1h	27.872	−0.136%	$350K	$58K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.860	−0.179%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.900	−0.036%	$36K	$10K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.860	−0.179%	$678K	$757K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.880	−0.107%	$24K	$23K	50x	as long as short
tradeXYZ xyz:BMNR	+0.0330%	1h	27.899	−0.039%	$1.0M	$1.5M	10x	as long as short