Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0293%/8h= −32.1% APRpaid last 24h −0.180%

Price spread now: Gate against tradeXYZ+0.054%7-day average −0.019% · you sell dearer than you buy

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

Long on tradeXYZ Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.903%−$90 on $10k

Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.054%, 7d avg −0.019%

Together, before fees−0.874%+ Points / potential airdroptradeXYZ: Active · farm board−$87 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.073% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.019%): +$7 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:BMNR	27.955	0.0293	pay 0.0037% / 1h	13m 37s	$943K	$1.5M	10x
Short	Gate BMNR_USDT	27.970	0	get 0.0000% / 8h	6h 13m	$4.2M	$9.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against tradeXYZ. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 GatebpOrdersPrice spread, now +0.054%Rate

Funding earned: −$61.49
Price spread: +0.054% → −0.019%: $7.31
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$87.18
Costs to cover: 0.330%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 4 min ago; Gate: 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 tradeXYZ live order book, 4 min ago	0.36 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	3.57 bp	13.9 bp −$14	50.9 bp −$509	doesn't fit	doesn't fit

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	27.963	+0.029%	$2.0M	$968K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.960	+0.018%	$50K	$100K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.943	−0.043%	$54K	$635K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.937	−0.063%	$22.2M	$53.8M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.939	−0.057%	$3.3M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.950	−0.018%	$3.6M	$4.4M	20x	as long as short
Gate BMNR_USDTshort	0.0000%	8h	27.970	+0.054%	$4.2M	$9.7M	50x
Variational Omni BMNR	0.0000%	8h	27.970	+0.053%	$312K	$491K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.976	+0.075%	$6K	$178K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.952	−0.011%	$973	$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-USDT	0.0000%	8h	27.972	+0.061%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.980	+0.089%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0002%	1h	27.940	−0.054%	$1.2M	$1.3M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.966	+0.039%	$352K	$53K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.930	−0.089%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.920	−0.125%	$36K	$16K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.950	−0.018%	$683K	$810K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.950	−0.018%	$24K	$39K	50x	as long as short
tradeXYZ xyz:BMNRlong	+0.0293%	1h	27.955	long leg	$943K	$1.5M	10x