Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.071%

Price spread now: Binance against Bitget−0.002%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$730.732% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.401%+$40 on $10k

Price spread, last 2 days (all we have)−0.320%−$32 · spread now −0.002%, 7d avg −0.043%

Together, before fees+0.081%+$8 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: Binance is 0.041% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BMNRUSDT	28.555	0	get 0.0000% / 8h	3h 32m	$2.0M	$1.1M	20x
Short	Binance BMNRUSDT	28.554	0	get 0.0000% / 8h	3h 32m	$23.4M	$53.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.002%Rate

Funding earned: $0
Price spread: −0.002% → −0.043%: $4.06
Slippage, 4 orders: −$51.15
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$69.09
Costs to cover: 0.732%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 15 min ago.

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 Bitget live order book, 5 min ago	2.63 bp	34.5 bp −$34	73.1 bp −$731	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	1.77 bp	8.9 bp −$9	24.4 bp −$244	90.4 bp −$9,045	doesn't fit

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
Aster BMNRUSDT	0.0000%	8h	28.514	−0.143%	$54K	$97K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	28.536	−0.067%	$40K	$462K	10x	as long as short
Binance BMNRUSDTshort	0.0000%	8h	28.554	−0.002%	$23.4M	$53.3M	25x
Bybit BMNRUSDT	0.0000%	8h	28.550	−0.018%	$3.5M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	28.550	−0.018%	$3.7M	$5.9M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	28.540	−0.053%	$3.9M	$10.3M	50x	as long as short
Bitget BMNRUSDTlong	0.0000%	8h	28.555	long leg	$2.0M	$1.1M	20x
Variational Omni BMNR	0.0000%	8h	28.475	−0.279%	$340K	$408K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	28.482	−0.257%	$6K	$198K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	28.508	−0.165%	$1K	$1.0M	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	28.512	−0.151%	$5K	$39K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	28.520	−0.123%	$1.6M	$1.4M	10x	as long as short
QFEX BMNR-USD	+0.0006%	1h	28.530	−0.088%	$1.2M	$1.7M	10x	as long as short
BloFin BMNR-USDT	+0.0009%	8h	28.490	−0.228%	$214K	$56K	20x	as long as short
Lighter BMNR	+0.0032%	1h	28.589	+0.119%	$340K	$25K	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	28.490	−0.228%	$37K	$31K	5x	as long as short
Vest BMNR-USD-PERP	+0.0071%	1h	28.570	+0.053%	—	$2K	25x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	28.520	−0.123%	$707K	$710K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	28.480	−0.263%	$25K	$173K	50x	as long as short
tradeXYZ xyz:BMNR	+0.0292%	1h	28.553	−0.007%	$1.1M	$1.4M	10x	as long as short