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 −0.003%

Price spread now: Gate against Bitget−0.042%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$810.810% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 7 days+0.016%+$2 · spread now −0.042%, 7d avg −0.021%

Together, before fees+0.019%+$2 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: Gate is 0.021% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BMNRUSDT	28.502	0	get 0.0000% / 8h	46m 11s	$2.0M	$1.1M	20x
Short	Gate BMNR_USDT	28.490	0	get 0.0000% / 8h	46m 11s	$3.8M	$10.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.042%Rate

Funding earned: $0
Price spread: −0.042% → −0.021%: −$2.11
Slippage, 4 orders: −$54.03
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$83.15
Costs to cover: 0.810%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 2 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, 1 min ago	1.75 bp	18.0 bp −$18	23.2 bp −$232	127.1 bp −$12.7K	doesn't fit
Sell Gate live order book, 2 min ago	5.27 bp	19.7 bp −$20	63.9 bp −$639	doesn't fit	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
BloFin BMNR-USDT	−0.0013%	8h	28.430	−0.253%	$211K	$58K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	28.455	−0.165%	$54K	$98K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	28.482	−0.071%	$40K	$462K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	28.500	−0.007%	$22.6M	$55.2M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	28.488	−0.049%	$3.4M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	28.510	+0.028%	$3.7M	$6.1M	20x	as long as short
Gate BMNR_USDTshort	0.0000%	8h	28.490	−0.042%	$3.8M	$10.1M	50x
Bitget BMNRUSDTlong	0.0000%	8h	28.502	long leg	$2.0M	$1.1M	20x
Variational Omni BMNR	0.0000%	8h	28.481	−0.072%	$317K	$493K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	28.470	−0.112%	$6K	$189K	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	28.458	−0.154%	$997	$1.0M	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	28.475	−0.095%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	28.500	−0.007%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0004%	1h	28.460	−0.147%	$1.2M	$1.8M	10x	as long as short
Lighter BMNR	+0.0032%	1h	28.505	+0.011%	$339K	$23K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	28.500	−0.007%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	28.491	−0.039%	$954K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	28.420	−0.288%	$37K	$26K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	28.460	−0.147%	$705K	$778K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	28.430	−0.253%	$25K	$82K	50x	as long as short