Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.015%

Price spread now: Vest against Aster−0.063%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 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 · Vest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.063% cheaper against Aster than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 4.6 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BMNRUSDT	27.818	0	get 0.0000% / 8h	6h 54m	$47K	$101K	20x
Short	Vest BMNR-USD-PERP	27.800	0.0046	get 0.0006% / 1h	54m 16s	—	$36K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.063%Rate

Funding earned: $9.59
Price spread: −0.063% → 0.000%: −$6.34
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$6.75
Costs to cover: 0.100%
Break-even: 11.9 days

Slippage unknown: Aster: live order book, 14 min ago; Vest: 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, 14 min ago	46.43 bp	56.6 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

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	−0.0061%	8h	27.807	−0.038%	$1.9M	$1.3M	20x	as long as short
Aster BMNRUSDTlong	0.0000%	8h	27.818	long leg	$47K	$101K	20x
Extended BMNR-USD	0.0000%	1h	27.792	−0.093%	$38K	$379K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.815	−0.008%	$21.6M	$47.9M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.781	−0.132%	$3.2M	$1.8M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.820	+0.009%	$3.6M	$3.2M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.780	−0.135%	$4.1M	$7.5M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.890	+0.259%	$216K	$551K	—	as long as short
SunX BMNR-USDT	0.0000%	8h	27.781	−0.132%	$986	$708K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.758	−0.214%	$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	27.810	−0.027%	$1.6M	$1.4M	10x	as long as short
BloFin BMNR-USDT	+0.0002%	8h	27.770	−0.171%	$212K	$67K	20x	as long as short
QFEX BMNR-USD	+0.0005%	1h	27.770	−0.171%	$1.2M	$987K	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.795	−0.081%	$349K	$58K	10x	as long as short
Vest BMNR-USD-PERPshort	+0.0046%	1h	27.800	−0.063%	—	$36K	25x
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.850	+0.116%	$36K	$10K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.770	−0.171%	$676K	$729K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.920	+0.368%	$24K	$23K	50x	as long as short
GRVT BMNR_USDT_Perp	+0.0116%	8h	27.958	+0.505%	$6K	$173K	10x	as long as short
tradeXYZ xyz:BMNR	+0.0367%	1h	27.794	−0.085%	$1.0M	$1.5M	10x	as long as short