Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0227%/8h= −24.9% APRpaid last 24h −0.150%

Price spread now: Bitget against tradeXYZ+0.018%7-day average +0.054% · you sell dearer than you buy

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

Long on tradeXYZ Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.905%−$90 on $10k

Price spread, last 7 days+0.276%+$28 · spread now +0.018%, 7d avg +0.054%

Together, before fees−0.629%+ Points / potential airdroptradeXYZ: Active · farm board−$63 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.036% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.054%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:BMNR	27.690	0.0020	pay 0.0003% / 1h	21m 29s	$765K	$1.5M	10x
Short	Bitget BMNRUSDT	27.695	−0.0207	pay 0.0207% / 8h	7h 21m	$1.9M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against tradeXYZ. 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 tradeXYZbpFee BitgetbpOrdersPrice spread, now +0.018%Rate

Funding earned: −$47.7
Price spread: +0.018% → +0.054%: −$3.61
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$81.31
Costs to cover: 0.300%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 6 min ago; Bitget: 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 tradeXYZ live order book, 6 min ago	0.55 bp	14.5 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	3.09 bp	48.9 bp −$49	doesn't fit	doesn't fit	doesn't fit

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 BMNRUSDTshort	−0.0207%	8h	27.695	+0.018%	$1.9M	$1.3M	20x
Aster BMNRUSDT	0.0000%	8h	27.629	−0.219%	$47K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.673	−0.061%	$59K	$360K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.705	+0.053%	$21.6M	$49.7M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.703	+0.047%	$3.2M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.730	+0.144%	$3.6M	$3.8M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.700	+0.036%	$4.1M	$8.1M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.420	−0.976%	$212K	$592K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.564	−0.455%	$5K	$178K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.508	−0.657%	$968	$773K	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	27.546	−0.520%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.660	−0.108%	$1.6M	$1.4M	10x	as long as short
QFEX BMNR-USD	+0.0010%	1h	27.600	−0.325%	$1.2M	$995K	10x	as long as short
BloFin BMNR-USDT	+0.0019%	8h	27.560	−0.469%	$210K	$62K	20x	as long as short
tradeXYZ xyz:BMNRlong	+0.0020%	1h	27.690	long leg	$765K	$1.5M	10x
Vest BMNR-USD-PERP	+0.0021%	1h	27.600	−0.325%	—	$36K	25x	as long as short
Lighter BMNR	+0.0032%	1h	27.694	+0.014%	$345K	$53K	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.440	−0.903%	$36K	$10K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.660	−0.108%	$674K	$718K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.560	−0.469%	$24K	$23K	50x	as long as short