Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0388%/8h= −42.5% APRpaid last 24h −0.109%

Price spread now: Gate against tradeXYZ−0.043%7-day average +0.030% · you buy dearer than you sell

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

Long on tradeXYZ Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.893%−$89 on $10k

Price spread, last 7 days+0.259%+$26 · spread now −0.043%, 7d avg +0.030%

Together, before fees−0.634%+ Points / potential airdroptradeXYZ: Active · farm board−$63 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Gate is 0.073% cheaper against tradeXYZ than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.030%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:BMNR	27.912	0.0388	pay 0.0048% / 1h	57m 28s	$1.0M	$1.5M	10x
Short	Gate BMNR_USDT	27.900	0	get 0.0000% / 8h	6h 57m	$4.1M	$7.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.043%Rate

Funding earned: −$81.43
Price spread: −0.043% → +0.030%: −$7.29
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$121.72
Costs to cover: 0.330%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 10 min ago; Gate: live order book, 1 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, 10 min ago	0.89 bp	15.2 bp −$15	77.0 bp −$770	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	3.58 bp	35.0 bp −$35	94.8 bp −$948	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 BMNRUSDT	−0.0075%	8h	27.943	+0.111%	$1.9M	$1.3M	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.914	+0.006%	$47K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.883	−0.102%	$59K	$355K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.910	−0.008%	$21.7M	$47.9M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.909	−0.011%	$3.2M	$1.8M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.920	+0.029%	$3.6M	$3.2M	20x	as long as short
Gate BMNR_USDTshort	0.0000%	8h	27.900	−0.043%	$4.1M	$7.5M	50x
Variational Omni BMNR	0.0000%	8h	27.975	+0.225%	$216K	$551K	—	as long as short
SunX BMNR-USDT	0.0000%	8h	27.922	+0.036%	$874	$713K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	28.038	+0.451%	$6K	$40K	20x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BMNRUSDT	0.0000%	8h	27.910	−0.007%	$1.6M	$1.4M	10x	as long as short
QFEX BMNR-USD	+0.0005%	1h	27.950	+0.136%	$1.2M	$987K	10x	as long as short
BloFin BMNR-USDT	+0.0016%	8h	27.950	+0.136%	$212K	$68K	20x	as long as short
Lighter BMNR	+0.0032%	1h	27.910	−0.007%	$351K	$58K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.910	−0.007%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.850	−0.222%	$36K	$10K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.890	−0.079%	$679K	$727K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.970	+0.208%	$25K	$23K	50x	as long as short
GRVT BMNR_USDT_Perp	+0.0171%	8h	28.030	+0.424%	$6K	$173K	10x	as long as short
tradeXYZ xyz:BMNRlong	+0.0388%	1h	27.912	long leg	$1.0M	$1.5M	10x