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 −0.097%

Price spread now: OKX against tradeXYZ−0.014%7-day average +0.062% · you buy dearer than you sell

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

Long on tradeXYZ Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.596%−$60 on $10k

Price spread, last 7 days+0.104%+$10 · spread now −0.014%, 7d avg +0.062%

Together, before fees−0.492%+ Points / potential airdroptradeXYZ: Active · farm board−$49 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.077% cheaper against tradeXYZ than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.062%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:BMNR	27.664	0.0050	pay 0.0006% / 1h	4m 23s	$911K	$1.5M	10x
Short	OKX BMNR-USDT-SWAP	27.660	0	get 0.0000% / 8h	3h 04m	$3.5M	$4.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$10.5
Price spread: −0.014% → +0.062%: −$7.68
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee OKX: 5 bp × 2 orders: −$10
Net: −$46.18
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 2 min ago; OKX: live order book, 3 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, 2 min ago	0.90 bp	13.1 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	3.62 bp	18.7 bp −$19	89.2 bp −$892	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	−0.0666%	8h	27.679	+0.054%	$1.9M	$921K	20x	as long as short
BloFin BMNR-USDT	−0.0017%	8h	27.650	−0.051%	$208K	$52K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.680	+0.057%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.653	−0.040%	$57K	$455K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.667	+0.010%	$21.9M	$52.3M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.658	−0.022%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAPshort	0.0000%	8h	27.660	−0.014%	$3.5M	$4.1M	20x
Gate BMNR_USDT	0.0000%	8h	27.660	−0.014%	$4.1M	$9.1M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.650	−0.050%	$311K	$516K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.654	−0.036%	$6K	$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	27.636	−0.101%	$959	$866K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.624	−0.145%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.650	−0.051%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.660	−0.014%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.674	+0.036%	$348K	$52K	10x	as long as short
Vest BMNR-USD-PERP	+0.0039%	1h	27.630	−0.123%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNRlong	+0.0050%	1h	27.664	long leg	$911K	$1.5M	10x
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.660	−0.014%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.650	−0.051%	$676K	$754K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.630	−0.123%	$24K	$29K	50x	as long as short