Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: SunX against Binance+0.049%7-day average +0.004% · you sell dearer than you buy

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

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.398%−$40 on $10k

Price spread, last 4 days (all we have)−0.206%−$21 · spread now +0.049%, 7d avg +0.004%

Together, before fees−0.603%−$60 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.045% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BMNRUSDT	27.894	0	get 0.0000% / 8h	6h 14m	$21.6M	$45.6M	25x
Short	SunX BMNR-USDT	27.908	0	get 0.0000% / 8h	6h 14m	$899	$649K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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 BinancebpFee SunXbpOrdersPrice spread, now +0.049%Rate

Funding earned: $0
Price spread: +0.049% → +0.004%: $4.51
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$13.49
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 5 min ago; SunX: live order book, 29 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 Binance live order book, 5 min ago	3.58 bp	10.5 bp −$11	22.9 bp −$229	103.5 bp −$10.4K	doesn't fit
Sell SunX live order book, 29 min ago	500.31 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

BMNR on 20 exchanges

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
Aster BMNRUSDT	0.0000%	8h	27.910	+0.056%	$47K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.883	−0.041%	$38K	$373K	10x	as long as short
Binance BMNRUSDTlong	0.0000%	8h	27.894	long leg	$21.6M	$45.6M	25x
Bybit BMNRUSDT	0.0000%	8h	27.898	+0.013%	$3.2M	$1.7M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.920	+0.092%	$3.6M	$2.9M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.900	+0.021%	$4.1M	$7.6M	50x	as long as short
Bitget BMNRUSDT	0.0000%	8h	27.910	+0.056%	$1.9M	$1.2M	20x	as long as short
Variational Omni BMNR	0.0000%	8h	27.894	−0.001%	$216K	$507K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.892	−0.009%	$5K	$167K	10x	as long as short
SunX BMNR-USDTshort	0.0000%	8h	27.908	+0.049%	$899	$649K	10x

Show all 20 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	27.919	+0.089%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.880	−0.051%	$1.6M	$1.4M	10x	as long as short
QFEX BMNR-USD	+0.0005%	1h	27.900	+0.021%	$1.2M	$971K	10x	as long as short
BloFin BMNR-USDT	+0.0013%	8h	27.910	+0.056%	$215K	$68K	20x	as long as short
Lighter BMNR	+0.0032%	1h	27.911	+0.060%	$351K	$58K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.850	−0.159%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.860	−0.123%	$36K	$10K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.880	−0.051%	$679K	$746K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.890	−0.015%	$24K	$23K	50x	as long as short
tradeXYZ xyz:BMNR	+0.0311%	1h	27.904	+0.035%	$1.0M	$1.5M	10x	as long as short