Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Gate against Ondo Perps−0.036%7-day average — · you buy dearer than you sell

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

Long on Ondo Perps Short on Gate

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 airdropOndo Perps: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.036% cheaper against Ondo Perps than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps BMNR-USD.P	27.790	0.0050	pay 0.0006% / 1h	23m 41s	$36K	$15K	5x
Short	Gate BMNR_USDT	27.780	0	get 0.0000% / 8h	4h 23m	$4.2M	$9.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Ondo Perps. 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 Ondo PerpsbpFee GatebpOrdersPrice spread, now −0.036%Rate

Funding earned: −$10.58
Price spread: −0.036% → 0.000%: −$3.6
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$34.18
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Gate: live order book, 5 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Gate live order book, 5 min ago	5.40 bp	23.6 bp −$24	83.7 bp −$837	doesn't fit	doesn't fit

Ondo Perps: 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	−0.0745%	8h	27.797	+0.025%	$1.9M	$934K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.762	−0.099%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.773	−0.062%	$53K	$625K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.780	−0.036%	$22.0M	$52.8M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.771	−0.068%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.790	0.000%	$3.5M	$4.2M	20x	as long as short
Gate BMNR_USDTshort	0.0000%	8h	27.780	−0.036%	$4.2M	$9.3M	50x
Variational Omni BMNR	0.0000%	8h	27.780	−0.036%	$324K	$504K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.780	−0.036%	$6K	$182K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.770	−0.072%	$878	$888K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	27.759	−0.112%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.790	0.000%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0018%	1h	27.770	−0.072%	$1.2M	$1.1M	10x	as long as short
BloFin BMNR-USDT	+0.0022%	8h	27.780	−0.036%	$209K	$52K	20x	as long as short
Lighter BMNR	+0.0032%	1h	27.791	+0.004%	$350K	$53K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.750	−0.144%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.769	−0.076%	$915K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.Plong	+0.0050%	1h	27.790	long leg	$36K	$15K	5x
KuCoin BMNRUSDTM	+0.0100%	8h	27.770	−0.072%	$678K	$776K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.760	−0.108%	$24K	$29K	50x	as long as short