Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0290%/8h= +31.8% APRpaid last 24h +0.073%

Price spread now: tradeXYZ against OKX−0.011%7-day average −0.063% · you buy dearer than you sell

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

Long on OKX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.584%+$58 on $10k

Price spread, last 7 days−0.261%−$26 · spread now −0.011%, 7d avg −0.063%

Together, before fees+0.323%+ Points / potential airdroptradeXYZ: Active · farm board+$32 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and tradeXYZ is 0.052% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BMNR-USDT-SWAP	27.940	0	get 0.0000% / 8h	6h 08m	$3.6M	$2.9M	20x
Short	tradeXYZ xyz:BMNR	27.937	0.0290	get 0.0036% / 1h	8m 47s	$1.0M	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.011%Rate

Funding earned: $60.94
Price spread: −0.011% → −0.063%: $5.21
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $38.14
Costs to cover: 0.280%
Break-even: 2.6 days

Slippage unknown: OKX: live order book, 2 min ago; tradeXYZ: live order book, 2 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	3.58 bp	16.6 bp −$17	137.7 bp −$1,377	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 2 min ago	0.54 bp	doesn't fit	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
BloFin BMNR-USDT	−0.0006%	8h	27.920	−0.072%	$215K	$63K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.949	+0.031%	$47K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.917	−0.083%	$38K	$373K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.930	−0.034%	$21.6M	$45.3M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.922	−0.064%	$3.2M	$1.7M	25x	as long as short
OKX BMNR-USDT-SWAPlong	0.0000%	8h	27.940	long leg	$3.6M	$2.9M	20x
Gate BMNR_USDT	0.0000%	8h	27.920	−0.072%	$4.1M	$7.6M	50x	as long as short
Bitget BMNRUSDT	0.0000%	8h	27.944	+0.014%	$1.9M	$1.2M	20x	as long as short
Variational Omni BMNR	0.0000%	8h	27.909	−0.112%	$216K	$465K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.916	−0.085%	$5K	$166K	10x	as long as short

Show all 20 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX BMNR-USDT	0.0000%	8h	27.907	−0.118%	$940	$644K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.858	−0.293%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.910	−0.107%	$1.6M	$1.4M	10x	as long as short
QFEX BMNR-USD	+0.0005%	1h	27.900	−0.143%	$1.2M	$960K	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.939	−0.004%	$351K	$58K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.870	−0.251%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.870	−0.251%	$36K	$10K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.900	−0.143%	$679K	$752K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.890	−0.179%	$24K	$23K	50x	as long as short
tradeXYZ xyz:BMNRshort	+0.0290%	1h	27.937	−0.011%	$1.0M	$1.5M	10x