Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.073%

Price spread now: SunX against Ondo Perps+0.127%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 SunX

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. SunX is 0.127% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.127% 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 8.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps BMNR-USD.P	28.300	0.0050	pay 0.0006% / 1h	47m 52s	$37K	$35K	5x
Short	SunX BMNR-USDT	28.336	0	get 0.0000% / 8h	1h 47m	$1K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.127%Rate

Funding earned: −$10.58
Price spread: +0.127% → 0.000%: $12.72
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$10.86
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; SunX: 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 SunX live order book, 5 min ago	500.31 bp	doesn't fit	doesn't fit	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
QFEX BMNR-USD	−0.0003%	1h	28.320	+0.071%	$1.2M	$1.8M	10x	as long as short
Aster BMNRUSDT	0.0000%	8h	28.347	+0.167%	$53K	$98K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	28.326	+0.091%	$40K	$462K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	28.340	+0.141%	$22.4M	$55.2M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	28.337	+0.131%	$3.4M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	28.320	+0.071%	$3.6M	$6.0M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	28.330	+0.106%	$3.8M	$10.2M	50x	as long as short
Bitget BMNRUSDT	0.0000%	8h	28.367	+0.237%	$2.0M	$1.1M	20x	as long as short
Variational Omni BMNR	0.0000%	8h	28.328	+0.097%	$326K	$475K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	28.340	+0.141%	$6K	$198K	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-USDTshort	0.0000%	8h	28.336	+0.127%	$1K	$1.0M	10x
HTX BMNR-USDT	0.0000%	8h	28.354	+0.191%	$5K	$39K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	28.300	0.000%	$1.6M	$1.5M	10x	as long as short
BloFin BMNR-USDT	+0.0002%	8h	28.340	+0.141%	$212K	$59K	20x	as long as short
Lighter BMNR	+0.0032%	1h	28.339	+0.138%	$337K	$23K	10x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	28.326	+0.092%	$950K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.Plong	+0.0050%	1h	28.300	long leg	$37K	$35K	5x
Vest BMNR-USD-PERP	+0.0069%	1h	28.350	+0.177%	—	$36K	25x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	28.330	+0.106%	$706K	$761K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	28.360	+0.212%	$25K	$140K	50x	as long as short