Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.049%

Price spread now: SunX against OKX−0.183%7-day average −0.057% · you buy dearer than you sell

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

Long on OKX Short on SunX

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)−0.355%−$36 · spread now −0.183%, 7d avg −0.057%

Together, before fees−0.661%−$66 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: SunX is 0.125% cheaper against OKX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BMNR-USDT-SWAP	27.920	0	get 0.0000% / 8h	5h 30m	$3.6M	$4.3M	20x
Short	SunX BMNR-USDT	27.869	0	get 0.0000% / 8h	5h 30m	$1K	$891K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.183%Rate

Funding earned: $0
Price spread: −0.183% → −0.057%: −$12.54
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$30.54
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 2 min ago; SunX: live order book, 13 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 OKX live order book, 2 min ago	1.79 bp	14.8 bp −$15	127.6 bp −$1,276	doesn't fit	doesn't fit
Sell SunX live order book, 13 min ago	500.20 bp	doesn't fit	doesn't fit	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	−0.0765%	8h	27.895	−0.090%	$1.9M	$938K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.876	−0.157%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.862	−0.207%	$53K	$632K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.870	−0.180%	$22.1M	$52.8M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.863	−0.204%	$3.3M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAPlong	0.0000%	8h	27.920	long leg	$3.6M	$4.3M	20x
Gate BMNR_USDT	0.0000%	8h	27.880	−0.143%	$4.2M	$9.6M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.899	−0.074%	$318K	$497K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.866	−0.194%	$5K	$176K	10x	as long as short
SunX BMNR-USDTshort	0.0000%	8h	27.869	−0.183%	$1K	$891K	10x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	27.930	+0.036%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.870	−0.179%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.900	−0.072%	$1.2M	$1.2M	10x	as long as short
BloFin BMNR-USDT	+0.0024%	8h	27.890	−0.107%	$210K	$61K	20x	as long as short
Lighter BMNR	+0.0032%	1h	27.893	−0.097%	$351K	$53K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.860	−0.215%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.866	−0.193%	$927K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.850	−0.251%	$36K	$16K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.850	−0.251%	$681K	$802K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.830	−0.322%	$24K	$29K	50x	as long as short