Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0289%/8h= +31.6% APRpaid last 24h +0.180%

Price spread now: tradeXYZ against Gate−0.018%7-day average +0.019% · you buy dearer than you sell

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

Long on Gate Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.903%+$90 on $10k

Price spread, last 4 days (all we have)−0.065%−$7 · spread now −0.018%, 7d avg +0.019%

Together, before fees+0.838%+ Points / potential airdroptradeXYZ: Active · farm board+$84 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.037% cheaper against Gate than usual: you would sell low and buy high (spread −0.018% now, against its 7-day average of +0.019%). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BMNR_USDT	27.970	0	get 0.0000% / 8h	6h 14m	$4.2M	$9.7M	50x
Short	tradeXYZ xyz:BMNR	27.965	0.0289	get 0.0036% / 1h	14m 33s	$943K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Gate. 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 GatebpFee tradeXYZbpOrdersPrice spread, now −0.018%Rate

Funding earned: $60.68
Price spread: −0.018% → +0.019%: −$3.73
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $23.95
Costs to cover: 0.330%
Break-even: 4.2 days

Slippage unknown: Gate: live order book, 4 min ago; tradeXYZ: live order book, 3 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 Gate live order book, 4 min ago	3.57 bp	13.2 bp −$13	43.7 bp −$437	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 3 min ago	0.36 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

BMNR on 19 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	−0.0457%	8h	27.982	+0.043%	$2.0M	$966K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.960	−0.036%	$50K	$100K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.955	−0.054%	$54K	$635K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.963	−0.025%	$22.2M	$53.7M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.954	−0.057%	$3.3M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.980	+0.036%	$3.6M	$4.4M	20x	as long as short
Gate BMNR_USDTlong	0.0000%	8h	27.970	long leg	$4.2M	$9.7M	50x
Variational Omni BMNR	0.0000%	8h	27.970	−0.001%	$312K	$491K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.970	0.000%	$6K	$179K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.965	−0.018%	$973	$931K	10x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	27.918	−0.186%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.970	0.000%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0002%	1h	27.950	−0.072%	$1.2M	$1.3M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.958	−0.043%	$352K	$53K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.950	−0.072%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.920	−0.179%	$36K	$16K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.950	−0.072%	$683K	$809K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.950	−0.072%	$24K	$39K	50x	as long as short
tradeXYZ xyz:BMNRshort	+0.0289%	1h	27.965	−0.018%	$943K	$1.5M	10x