Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: Binance against SunX−0.040%7-day average −0.006% · you buy dearer than you sell

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

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.398%+$40 on $10k

Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.040%, 7d avg −0.006%

Together, before fees+0.547%+$55 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.034% cheaper against SunX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BMNR-USDT	27.501	0	get 0.0000% / 8h	1h 42m	$993	$864K	10x
Short	Binance BMNRUSDT	27.490	0	get 0.0000% / 8h	1h 42m	$21.6M	$53.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now −0.040%Rate

Funding earned: $0
Price spread: −0.040% → −0.006%: −$3.42
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$21.42
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 30 min ago; Binance: live order book, 15 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 SunX live order book, 30 min ago	500.25 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	3.63 bp	9.7 bp −$10	25.3 bp −$253	128.8 bp −$12.9K	doesn't fit

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	−0.0761%	8h	27.533	+0.116%	$1.8M	$1.3M	20x	as long as short
Vest BMNR-USD-PERP	−0.0005%	1h	27.450	−0.185%	—	$36K	25x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.499	−0.007%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.484	−0.062%	$61K	$471K	10x	as long as short
Binance BMNRUSDTshort	0.0000%	8h	27.490	−0.040%	$21.6M	$53.0M	25x
Bybit BMNRUSDT	0.0000%	8h	27.481	−0.073%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.520	+0.069%	$3.5M	$4.2M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.510	+0.033%	$4.1M	$8.6M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.480	−0.076%	$223K	$607K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.520	+0.069%	$6K	$190K	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-USDTlong	0.0000%	8h	27.501	long leg	$993	$864K	10x
HTX BMNR-USDT	0.0000%	8h	27.530	+0.105%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.490	−0.040%	$1.6M	$1.5M	10x	as long as short
BloFin BMNR-USDT	+0.0009%	8h	27.540	+0.142%	$207K	$51K	20x	as long as short
QFEX BMNR-USD	+0.0019%	1h	27.470	−0.113%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.504	+0.011%	$344K	$52K	10x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.481	−0.073%	$904K	$1.4M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.530	+0.105%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.490	−0.040%	$671K	$731K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.510	+0.033%	$24K	$29K	50x	as long as short