Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against Aster+0.072%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Ondo Perps: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.072% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread 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	Aster BMNRUSDT	27.510	0	get 0.0000% / 8h	10m 05s	$47K	$101K	20x
Short	Ondo Perps BMNR-USD.P	27.530	0.0050	get 0.0006% / 1h	10m 05s	$36K	$14K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aster. 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 AsterbpFee Ondo PerpsbpOrdersPrice spread, now +0.072%Rate

Funding earned: $10.58
Price spread: +0.072% → 0.000%: $7.24
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $4.82
Costs to cover: 0.130%
Break-even: 3.8 days

Slippage unknown: Aster: live order book, 3 min ago; Ondo Perps: no order-book sample. 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 Aster live order book, 3 min ago	54.51 bp	64.8 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	−0.0461%	8h	27.531	+0.076%	$1.9M	$1.3M	20x	as long as short
tradeXYZ xyz:BMNR	−0.0397%	1h	27.482	−0.102%	$765K	$1.5M	10x	as long as short
BloFin BMNR-USDT	−0.0029%	8h	27.510	0.000%	$207K	$51K	20x	as long as short
Aster BMNRUSDTlong	0.0000%	8h	27.510	long leg	$47K	$101K	20x
Extended BMNR-USD	0.0000%	1h	27.493	−0.061%	$57K	$360K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.500	−0.037%	$21.5M	$51.2M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.511	+0.003%	$3.2M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.530	+0.072%	$3.5M	$3.9M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.510	0.000%	$4.1M	$8.5M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.492	−0.067%	$213K	$607K	—	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	27.524	+0.049%	$6K	$182K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.514	+0.014%	$894	$805K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.546	+0.131%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.510	0.000%	$1.6M	$1.4M	10x	as long as short
Vest BMNR-USD-PERP	+0.0004%	1h	27.460	−0.182%	—	$36K	25x	as long as short
QFEX BMNR-USD	+0.0010%	1h	27.500	−0.037%	$1.2M	$1.0M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.531	+0.076%	$344K	$53K	10x	as long as short
Ondo Perps BMNR-USD.Pshort	+0.0050%	1h	27.530	+0.072%	$36K	$14K	5x
KuCoin BMNRUSDTM	+0.0100%	8h	27.500	−0.037%	$671K	$698K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.500	−0.037%	$24K	$23K	50x	as long as short