Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.017%

Price spread now: Vest against SunX−0.086%7-day average — · you buy dearer than you sell

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

Long on SunX 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 pays, the price is against you. Vest is 0.086% cheaper against SunX than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 6.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BMNR-USDT	28.014	0	get 0.0000% / 8h	6h 40m	$1K	$944K	10x
Short	Vest BMNR-USD-PERP	27.990	0.0046	get 0.0006% / 1h	40m 31s	—	$36K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against SunX. 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 SunXbpFee VestbpOrdersPrice spread, now −0.086%Rate

Funding earned: $9.59
Price spread: −0.086% → 0.000%: −$8.57
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$8.97
Costs to cover: 0.100%
Break-even: 13.5 days

Slippage unknown: SunX: live order book, 12 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 SunX live order book, 12 min ago	500.20 bp	doesn't fit	doesn't fit	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	−0.0251%	8h	27.975	−0.139%	$2.0M	$991K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.960	−0.193%	$50K	$100K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.923	−0.324%	$38K	$620K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.911	−0.366%	$21.9M	$53.5M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.928	−0.307%	$3.3M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.940	−0.264%	$3.6M	$4.8M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.950	−0.228%	$4.2M	$9.5M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.991	−0.083%	$312K	$492K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	28.000	−0.050%	$5K	$179K	10x	as long as short
SunX BMNR-USDTlong	0.0000%	8h	28.014	long leg	$1K	$944K	10x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	28.035	+0.075%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	28.000	−0.050%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0002%	1h	27.920	−0.336%	$1.2M	$1.4M	10x	as long as short
BloFin BMNR-USDT	+0.0017%	8h	28.000	−0.050%	$213K	$62K	20x	as long as short
Lighter BMNR	+0.0032%	1h	27.940	−0.264%	$351K	$53K	10x	as long as short
Vest BMNR-USD-PERPshort	+0.0046%	1h	27.990	−0.086%	—	$36K	25x
Ondo Perps BMNR-USD.P	+0.0050%	1h	28.010	−0.014%	$36K	$16K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.940	−0.264%	$683K	$802K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.980	−0.121%	$25K	$45K	50x	as long as short
tradeXYZ xyz:BMNR	+0.0156%	1h	27.935	−0.282%	$942K	$1.5M	10x	as long as short