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 +0.049%

Price spread now: OKX against SunX−0.057%7-day average +0.058% · you buy dearer than you sell

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

Long on SunX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.306%+$31 on $10k

Price spread, last 3 days (all we have)+0.242%+$24 · spread now −0.057%, 7d avg +0.058%

Together, before fees+0.548%+$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: OKX is 0.115% cheaper against SunX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BMNR-USDT	28.046	0	get 0.0000% / 8h	6h 57m	$1K	$946K	10x
Short	OKX BMNR-USDT-SWAP	28.030	0	get 0.0000% / 8h	6h 57m	$3.6M	$4.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.057%Rate

Funding earned: $0
Price spread: −0.057% → +0.058%: −$11.46
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$29.46
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 55 min ago; OKX: 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 SunX live order book, 55 min ago	500.04 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	3.55 bp	28.6 bp −$29	112.0 bp −$1,120	doesn't fit	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
Aster BMNRUSDT	0.0000%	8h	28.044	−0.009%	$53K	$98K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	28.021	−0.090%	$38K	$597K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	28.026	−0.071%	$22.1M	$52.9M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	28.030	−0.057%	$3.4M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAPshort	0.0000%	8h	28.030	−0.057%	$3.6M	$4.8M	20x
Gate BMNR_USDT	0.0000%	8h	28.040	−0.021%	$4.2M	$9.4M	50x	as long as short
Bitget BMNRUSDT	0.0000%	8h	28.046	0.000%	$2.0M	$991K	20x	as long as short
Variational Omni BMNR	0.0000%	8h	28.145	+0.353%	$314K	$492K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	28.075	+0.102%	$5K	$177K	10x	as long as short
SunX BMNR-USDTlong	0.0000%	8h	28.046	long leg	$1K	$946K	10x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	28.110	+0.228%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	28.020	−0.093%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0002%	1h	28.040	−0.021%	$1.2M	$1.5M	10x	as long as short
BloFin BMNR-USDT	+0.0004%	8h	28.030	−0.057%	$212K	$62K	20x	as long as short
Lighter BMNR	+0.0032%	1h	28.030	−0.057%	$353K	$53K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	28.050	+0.014%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	28.060	+0.050%	$37K	$16K	5x	as long as short
tradeXYZ xyz:BMNR	+0.0098%	1h	28.008	−0.135%	$946K	$1.5M	10x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	28.020	−0.093%	$691K	$771K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	28.080	+0.121%	$25K	$45K	50x	as long as short