Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h −0.032%

Price spread now: Vest against OKX−0.218%48s7-day average — · you buy dearer than you sell

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

Long on OKX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.218% cheaper against OKX than usual: you would sell low and buy high, −$22 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BMNR-USDT-SWAP	27.510	0	get 0.0000% / 8h	1h 40m	$3.5M	$4.2M	20x
Short	Vest BMNR-USD-PERP	27.450	−0.0005	pay 0.0001% / 1h	40m 42s	—	$36K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.218%Rate

Funding earned: −$0.96
Price spread: −0.218% → 0.000%: −$21.81
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$34.77
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago	3.63 bp	15.0 bp −$15	143.3 bp −$1,433	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	−0.0763%	8h	27.541	+0.113%	$1.8M	$1.3M	20x	as long as short
BloFin BMNR-USDT	−0.0011%	8h	27.510	0.000%	$207K	$51K	20x	as long as short
Vest BMNR-USD-PERPshort	−0.0005%	1h	27.450	−0.218%	—	$36K	25x
Aster BMNRUSDT	0.0000%	8h	27.470	−0.144%	$48K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.474	−0.131%	$61K	$450K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.471	−0.143%	$21.6M	$53.0M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.491	−0.069%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAPlong	0.0000%	8h	27.510	long leg	$3.5M	$4.2M	20x
Gate BMNR_USDT	0.0000%	8h	27.500	−0.036%	$4.1M	$8.6M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.480	−0.108%	$223K	$607K	—	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BMNR_USDT_Perp	0.0000%	8h	27.527	+0.064%	$6K	$190K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.517	+0.025%	$993	$864K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.530	+0.073%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.480	−0.109%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0019%	1h	27.490	−0.073%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.475	−0.127%	$343K	$52K	10x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.488	−0.080%	$904K	$1.4M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.530	+0.073%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.480	−0.109%	$671K	$731K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.510	0.000%	$24K	$29K	50x	as long as short