Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.017%

Price spread now: Vest against Bybit−0.151%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.151% cheaper against Bybit than usual: you would sell low and buy high (spread −0.151% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 11 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	Bybit BMNRUSDT	27.802	0	get 0.0000% / 8h	4h 10m	$3.2M	$2.0M	25x
Short	Vest BMNR-USD-PERP	27.760	0.0046	get 0.0006% / 1h	10m 26s	—	$36K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Bybit. 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 BybitbpFee VestbpOrdersPrice spread, now −0.151%Rate

Funding earned: $9.59
Price spread: −0.151% → 0.000%: −$15.11
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Vest: 1 bp × 2 orders: −$2
Net: −$18.51
Costs to cover: 0.130%
Break-even: 20.5 days

Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago	4.32 bp	21.9 bp −$22	115.5 bp −$1,155	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	−0.0706%	8h	27.816	+0.050%	$1.9M	$932K	20x	as long as short
BloFin BMNR-USDT	−0.0007%	8h	27.810	+0.029%	$209K	$52K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.786	−0.059%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.786	−0.056%	$52K	$628K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.810	+0.028%	$22.0M	$52.7M	25x	as long as short
Bybit BMNRUSDTlong	0.0000%	8h	27.802	long leg	$3.2M	$2.0M	25x
OKX BMNR-USDT-SWAP	0.0000%	8h	27.820	+0.065%	$3.5M	$4.2M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.800	−0.007%	$4.2M	$9.3M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.800	−0.008%	$324K	$504K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.770	−0.116%	$6K	$183K	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	27.788	−0.050%	$881	$886K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.772	−0.108%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.790	−0.043%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0018%	1h	27.790	−0.043%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.790	−0.043%	$349K	$53K	10x	as long as short
Vest BMNR-USD-PERPshort	+0.0046%	1h	27.760	−0.151%	—	$36K	25x
tradeXYZ xyz:BMNR	+0.0050%	1h	27.793	−0.032%	$916K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.790	−0.043%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.790	−0.043%	$679K	$771K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.760	−0.151%	$24K	$29K	50x	as long as short