Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: HTX against Ondo Perps+0.134%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on HTX

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

The price spread pays, funding is against you. HTX is 0.134% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.134% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps BMNR-USD.P	27.620	0.0050	pay 0.0006% / 1h	16m 35s	$36K	$15K	5x
Short	HTX BMNR-USDT	27.657	0	get 0.0000% / 8h	3h 16m	$5K	$40K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.134%Rate

Funding earned: −$10.58
Price spread: +0.134% → 0.000%: $13.4
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$14.19
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; HTX: 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell HTX no order-book sample	—	—	—	—	—

Ondo Perps and HTX: 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	−0.0637%	8h	27.699	+0.286%	$1.9M	$920K	20x	as long as short
BloFin BMNR-USDT	−0.0021%	8h	27.680	+0.217%	$209K	$52K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.689	+0.250%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.654	+0.122%	$57K	$622K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.680	+0.217%	$21.9M	$52.3M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.675	+0.199%	$3.2M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.720	+0.362%	$3.5M	$4.1M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.670	+0.181%	$4.1M	$9.1M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.665	+0.163%	$322K	$504K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.676	+0.201%	$5K	$188K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX BMNR-USDT	0.0000%	8h	27.641	+0.076%	$1K	$866K	10x	as long as short
HTX BMNR-USDTshort	0.0000%	8h	27.657	+0.134%	$5K	$40K	20x
Phemex BMNRUSDT	0.0000%	8h	27.670	+0.181%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.670	+0.181%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.665	+0.163%	$348K	$52K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.640	+0.072%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.665	+0.163%	$911K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.Plong	+0.0050%	1h	27.620	long leg	$36K	$15K	5x
KuCoin BMNRUSDTM	+0.0100%	8h	27.660	+0.145%	$676K	$756K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.650	+0.109%	$24K	$29K	50x	as long as short