Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Phemex+0.011%7-day average — · you sell dearer than you buy

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

Long on Phemex Short on HTX

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—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex BMNRUSDT	27.520	0	get 0.0000% / 8h	7h 59m	$1.6M	$1.4M	10x
Short	HTX BMNR-USDT	27.523	0	get 0.0000% / 8h	7h 59m	$6K	$40K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Phemex. 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 PhemexbpFee HTXbpOrdersPrice spread, now +0.011%Rate

Funding earned: $0
Price spread: +0.011% → 0.000%: $1.09
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$22.91
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 4 min ago; HTX: 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 Phemex live order book, 4 min ago	3.63 bp	63.3 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

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 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
tradeXYZ xyz:BMNR	−0.0485%	1h	27.525	+0.018%	$762K	$1.5M	10x	as long as short
Bitget BMNRUSDT	−0.0405%	8h	27.525	+0.018%	$1.8M	$1.3M	20x	as long as short
BloFin BMNR-USDT	−0.0002%	8h	27.510	−0.036%	$208K	$62K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.532	+0.044%	$47K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.513	−0.024%	$57K	$359K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.527	+0.027%	$21.6M	$51.4M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.535	+0.055%	$3.2M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.540	+0.073%	$3.5M	$3.8M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.530	+0.036%	$4.1M	$7.9M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.491	−0.104%	$213K	$607K	—	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BMNR_USDT_Perp	0.0000%	8h	27.499	−0.075%	$6K	$182K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.508	−0.044%	$1K	$807K	10x	as long as short
HTX BMNR-USDTshort	0.0000%	8h	27.523	+0.011%	$6K	$40K	20x
Phemex BMNRUSDTlong	0.0000%	8h	27.520	long leg	$1.6M	$1.4M	10x
Vest BMNR-USD-PERP	+0.0003%	1h	27.490	−0.109%	—	$36K	25x	as long as short
QFEX BMNR-USD	+0.0010%	1h	27.530	+0.036%	$1.2M	$1.0M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.541	+0.076%	$343K	$53K	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.520	0.000%	$36K	$14K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.510	−0.036%	$670K	$701K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.490	−0.109%	$24K	$23K	50x	as long as short