Funding arb · Price arb /

BMNR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h +0.032%

Price spread now: OKX against Vest+0.109%7-day average — · you sell dearer than you buy

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

Long on Vest Short on OKX

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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.109% dearer against Vest than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest BMNR-USD-PERP	27.520	0.0003	pay 0.0000% / 1h	16m 20s	—	$36K	25x
Short	OKX BMNR-USDT-SWAP	27.550	0	get 0.0000% / 8h	1h 16m	$3.5M	$4.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.109%Rate

Funding earned: −$0.59
Price spread: +0.109% → 0.000%: $10.9
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee OKX: 5 bp × 2 orders: −$10
Net: −$1.69
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; OKX: 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 OKX live order book, 1 min ago	3.63 bp	13.5 bp −$13	28.2 bp −$282	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
Bitget BMNRUSDT	−0.0750%	8h	27.576	+0.203%	$1.8M	$1.3M	20x	as long as short
BloFin BMNR-USDT	−0.0005%	8h	27.570	+0.182%	$206K	$51K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.536	+0.058%	$47K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.532	+0.044%	$58K	$346K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.540	+0.073%	$21.6M	$52.5M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.546	+0.094%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAPshort	0.0000%	8h	27.550	+0.109%	$3.5M	$4.2M	20x
Gate BMNR_USDT	0.0000%	8h	27.550	+0.109%	$4.1M	$8.6M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.550	+0.110%	$213K	$616K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.561	+0.148%	$5K	$187K	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	27.557	+0.134%	$1K	$842K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.588	+0.247%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.540	+0.073%	$1.6M	$1.5M	10x	as long as short
Vest BMNR-USD-PERPlong	+0.0003%	1h	27.520	long leg	—	$36K	25x
tradeXYZ xyz:BMNR	+0.0015%	1h	27.523	+0.011%	$864K	$1.6M	10x	as long as short
QFEX BMNR-USD	+0.0019%	1h	27.540	+0.073%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.567	+0.171%	$345K	$52K	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.570	+0.182%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.520	0.000%	$671K	$720K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.520	0.000%	$24K	$29K	50x	as long as short