Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.158%

Price spread now: Binance against tradeXYZ−0.004%7-day average +0.031% · you buy dearer than you sell

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

Long on tradeXYZ Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.506%−$51 on $10k

Price spread, last 7 days−0.188%−$19 · spread now −0.004%, 7d avg +0.031%

Together, before fees−0.694%+ Points / potential airdroptradeXYZ: Active · farm board−$69 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.034% cheaper against tradeXYZ than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.031%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:BMNR	27.911	0.0050	pay 0.0006% / 1h	21m 24s	$929K	$1.5M	10x
Short	Binance BMNRUSDT	27.910	0	get 0.0000% / 8h	5h 21m	$22.2M	$52.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against tradeXYZ. 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 tradeXYZbpFee BinancebpOrdersPrice spread, now −0.004%Rate

Funding earned: −$10.5
Price spread: −0.004% → +0.031%: −$3.42
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Binance: 5 bp × 2 orders: −$10
Net: −$41.92
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 5 min ago; Binance: live order book, 6 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 tradeXYZ live order book, 5 min ago	0.54 bp	14.1 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	1.80 bp	7.8 bp −$8	24.1 bp −$241	111.1 bp −$11.1K	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	−0.0742%	8h	27.921	+0.036%	$2.0M	$936K	20x	as long as short
BloFin BMNR-USDT	−0.0001%	8h	27.860	−0.183%	$168K	$61K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.897	−0.052%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.903	−0.029%	$53K	$632K	10x	as long as short
Binance BMNRUSDTshort	0.0000%	8h	27.910	−0.004%	$22.2M	$52.7M	25x
Bybit BMNRUSDT	0.0000%	8h	27.900	−0.039%	$3.3M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.920	+0.032%	$3.6M	$4.3M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.910	−0.004%	$4.2M	$9.6M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.849	−0.221%	$317K	$497K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.859	−0.185%	$6K	$177K	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-USDT	0.0000%	8h	27.898	−0.047%	$1K	$889K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.899	−0.043%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.900	−0.039%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.910	−0.004%	$1.2M	$1.2M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.875	−0.129%	$351K	$53K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.880	−0.111%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNRlong	+0.0050%	1h	27.911	long leg	$929K	$1.5M	10x
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.850	−0.219%	$36K	$16K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.890	−0.075%	$682K	$799K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.860	−0.183%	$24K	$29K	50x	as long as short