Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0294%/8h= +32.2% APRpaid last 24h +0.180%

Price spread now: tradeXYZ against HTX−0.111%7-day average — · you buy dearer than you sell

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

Long on HTX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

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

Funding pays, the price is against you. tradeXYZ is 0.111% cheaper against HTX than usual: you would sell low and buy high (spread −0.111% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 30 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	HTX BMNR-USDT	27.972	0	get 0.0000% / 8h	6h 12m	$5K	$40K	20x
Short	tradeXYZ xyz:BMNR	27.941	0.0294	get 0.0037% / 1h	12m 59s	$942K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against HTX. 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 HTXbpFee tradeXYZbpOrdersPrice spread, now −0.111%Rate

Funding earned: $61.84
Price spread: −0.111% → 0.000%: −$11.08
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $20.76
Costs to cover: 0.300%
Break-even: 4.7 days

Slippage unknown: HTX: no order-book sample; tradeXYZ: live order book, 5 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 HTX no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 5 min ago	0.36 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

HTX: 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 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	−0.0462%	8h	27.957	−0.054%	$2.0M	$968K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.960	−0.043%	$50K	$100K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.910	−0.221%	$54K	$635K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.908	−0.227%	$22.2M	$53.8M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.934	−0.136%	$3.3M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.950	−0.079%	$3.6M	$4.4M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.940	−0.114%	$4.2M	$9.7M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.970	−0.008%	$312K	$491K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.976	+0.015%	$6K	$178K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.911	−0.218%	$971	$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-USDTlong	0.0000%	8h	27.972	long leg	$5K	$40K	20x
Phemex BMNRUSDT	0.0000%	8h	27.920	−0.186%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0002%	1h	27.940	−0.114%	$1.2M	$1.3M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.932	−0.143%	$351K	$53K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.930	−0.150%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.920	−0.186%	$36K	$16K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.920	−0.186%	$682K	$810K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.950	−0.079%	$24K	$39K	50x	as long as short
tradeXYZ xyz:BMNRshort	+0.0294%	1h	27.941	−0.111%	$942K	$1.5M	10x