Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.017%

Price spread now: Vest against Gate−0.143%7-day average — · you buy dearer than you sell

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

Long on Gate 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 0.143% cheaper against Gate than usual: you would sell low and buy high (spread −0.143% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 10 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	Gate BMNR_USDT	27.960	0	get 0.0000% / 8h	6h 35m	$4.2M	$9.6M	50x
Short	Vest BMNR-USD-PERP	27.920	0.0046	get 0.0006% / 1h	35m 11s	—	$36K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.143%Rate

Funding earned: $9.59
Price spread: −0.143% → 0.000%: −$14.31
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Vest: 1 bp × 2 orders: −$2
Net: −$21.71
Costs to cover: 0.170%
Break-even: 22.8 days

Slippage unknown: Gate: live order book, 3 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 Gate live order book, 3 min ago	7.15 bp	16.7 bp −$17	172.7 bp −$1,727	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	−0.0347%	8h	27.964	+0.014%	$2.0M	$992K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.960	0.000%	$50K	$100K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.933	−0.097%	$52K	$631K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.945	−0.053%	$22.4M	$53.9M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.941	−0.068%	$3.3M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.960	0.000%	$3.6M	$4.8M	20x	as long as short
Gate BMNR_USDTlong	0.0000%	8h	27.960	long leg	$4.2M	$9.6M	50x
Variational Omni BMNR	0.0000%	8h	27.951	−0.033%	$312K	$491K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.980	+0.072%	$6K	$179K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.948	−0.043%	$1K	$943K	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	27.902	−0.207%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.950	−0.036%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0002%	1h	27.950	−0.036%	$1.2M	$1.4M	10x	as long as short
BloFin BMNR-USDT	+0.0017%	8h	28.000	+0.143%	$213K	$62K	20x	as long as short
Lighter BMNR	+0.0032%	1h	27.936	−0.086%	$351K	$53K	10x	as long as short
Vest BMNR-USD-PERPshort	+0.0046%	1h	27.920	−0.143%	—	$36K	25x
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.920	−0.143%	$36K	$18K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.930	−0.107%	$683K	$803K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.940	−0.072%	$24K	$45K	50x	as long as short
tradeXYZ xyz:BMNR	+0.0215%	1h	27.918	−0.150%	$941K	$1.5M	10x	as long as short