Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0013%/8hnext payment −$0.13 per $10,000 · paid last 24h −0.074%

Price spread now: SunX against BloFin−0.036%55s7-day average −0.037% · you buy dearer than you sell

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

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.392%−$39 on $10k

Price spread, last 3 days (all we have)+0.016%+$2 · spread now −0.036%, 7d avg −0.037%

Together, before fees−0.377%−$38 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BMNR-USDT	28.060	0.0013	pay 0.0013% / 8h	4h 00m	$212K	$55K	20x
Short	SunX BMNR-USDT	28.050	0	get 0.0000% / 8h	4h 00m	$976	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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 BloFinbpFee SunXbpOrdersPrice spread, now −0.036%Rate

Funding earned: −$2.78
Price spread: −0.036% → −0.037%: $0.11
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$22.67
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 26 min ago; SunX: live order book, 7 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 BloFin live order book, 26 min ago	3.54 bp	9.5 bp −$10	15.9 bp −$159	47.2 bp −$4,718	150.9 bp −$75.4K
Sell SunX live order book, 7 min ago	500.16 bp	doesn't fit	doesn't fit	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
Aster BMNRUSDT	0.0000%	8h	28.136	+0.271%	$53K	$97K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	28.169	+0.387%	$39K	$462K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	28.159	+0.354%	$23.0M	$52.6M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	28.159	+0.353%	$3.4M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	28.190	+0.463%	$3.6M	$5.7M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	28.170	+0.392%	$3.8M	$10.3M	50x	as long as short
Bitget BMNRUSDT	0.0000%	8h	28.179	+0.424%	$2.0M	$1.1M	20x	as long as short
Variational Omni BMNR	0.0000%	8h	28.085	+0.088%	$300K	$373K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	28.068	+0.029%	$6K	$195K	10x	as long as short
SunX BMNR-USDTshort	0.0000%	8h	28.050	−0.036%	$976	$1.0M	10x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	28.166	+0.378%	$5K	$39K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	28.180	+0.428%	$1.6M	$1.4M	10x	as long as short
QFEX BMNR-USD	+0.0005%	1h	28.160	+0.356%	$1.2M	$1.7M	10x	as long as short
BloFin BMNR-USDTlong	+0.0013%	8h	28.060	long leg	$212K	$55K	20x
Lighter BMNR	+0.0032%	1h	28.158	+0.349%	$334K	$25K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	28.190	+0.463%	—	$2K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	28.050	−0.036%	$36K	$31K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	28.160	+0.356%	$699K	$698K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	28.040	−0.071%	$25K	$173K	50x	as long as short
tradeXYZ xyz:BMNR	+0.0158%	1h	28.175	+0.410%	$1.0M	$1.4M	10x	as long as short