Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.017%

Price spread now: Bitget against Vest−0.011%7-day average — · you buy dearer than you sell

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

Long on Vest Short on Bitget

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest BMNR-USD-PERP	28.420	0.0046	pay 0.0006% / 1h	35m 55s	—	$36K	25x
Short	Bitget BMNRUSDT	28.417	0	get 0.0000% / 8h	7h 35m	$2.0M	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Vest. 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 VestbpFee BitgetbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$9.59
Price spread: −0.011% → 0.000%: −$1.06
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$24.65
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Bitget: 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 Vest no order-book sample	—	—	—	—	—
Sell Bitget live order book, 1 min ago	2.29 bp	93.3 bp −$93	doesn't fit	doesn't fit	doesn't fit

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
BloFin BMNR-USDT	−0.0027%	8h	28.390	−0.106%	$213K	$58K	20x	as long as short
QFEX BMNR-USD	−0.0001%	1h	28.400	−0.070%	$1.2M	$1.8M	10x	as long as short
Aster BMNRUSDT	0.0000%	8h	28.426	+0.020%	$54K	$98K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	28.403	−0.061%	$39K	$562K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	28.393	−0.095%	$22.4M	$54.3M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	28.413	−0.025%	$3.4M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	28.400	−0.070%	$3.6M	$6.0M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	28.390	−0.106%	$4.3M	$9.9M	50x	as long as short
Bitget BMNRUSDTshort	0.0000%	8h	28.417	−0.011%	$2.0M	$1.0M	20x
Variational Omni BMNR	0.0000%	8h	28.401	−0.068%	$317K	$493K	—	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BMNR_USDT_Perp	0.0000%	8h	28.443	+0.081%	$5K	$185K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	28.441	+0.074%	$1K	$975K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	28.423	+0.011%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	28.410	−0.035%	$1.6M	$1.5M	10x	as long as short
Lighter BMNR	+0.0032%	1h	28.427	+0.025%	$336K	$24K	10x	as long as short
Vest BMNR-USD-PERPlong	+0.0046%	1h	28.420	long leg	—	$36K	25x
Ondo Perps BMNR-USD.P	+0.0050%	1h	28.430	+0.035%	$37K	$16K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	28.400	−0.070%	$703K	$767K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	28.420	0.000%	$25K	$46K	50x	as long as short
tradeXYZ xyz:BMNR	+0.0290%	1h	28.424	+0.014%	$966K	$1.5M	10x	as long as short