Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0087%/8h= +9.6% APRpaid last 24h −0.119%

Price spread now: OKX against tradeXYZ+0.108%7-day average +0.055% · you sell dearer than you buy

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

Long on tradeXYZ Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.597%−$60 on $10k

Price spread, last 7 days−0.246%−$25 · spread now +0.108%, 7d avg +0.055%

Together, before fees−0.843%+ Points / potential airdroptradeXYZ: Active · farm board−$84 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.052% dearer against tradeXYZ than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.055%. Mind the row above: over the last 7 days funding on this pair cost −0.597%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:BMNR	27.860	−0.0087	get 0.0011% / 1h	59m 18s	$919K	$1.5M	10x
Short	OKX BMNR-USDT-SWAP	27.890	0	get 0.0000% / 8h	4h 59m	$3.6M	$4.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.108%Rate

Funding earned: $18.36
Price spread: +0.108% → +0.055%: $5.22
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee OKX: 5 bp × 2 orders: −$10
Net: −$4.43
Costs to cover: 0.280%
Break-even: 8.7 days

Slippage unknown: tradeXYZ: live order book, 8 min ago; OKX: live order book, 3 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, 8 min ago	0.36 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.79 bp	13.5 bp −$13	109.9 bp −$1,099	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
Bitget BMNRUSDT	−0.0676%	8h	27.883	+0.083%	$1.9M	$937K	20x	as long as short
tradeXYZ xyz:BMNRlong	−0.0087%	1h	27.860	long leg	$919K	$1.5M	10x
BloFin BMNR-USDT	−0.0006%	8h	27.870	+0.036%	$210K	$58K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.867	+0.026%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.866	+0.021%	$52K	$632K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.874	+0.050%	$22.1M	$52.7M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.867	+0.025%	$3.3M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAPshort	0.0000%	8h	27.890	+0.108%	$3.6M	$4.3M	20x
Gate BMNR_USDT	0.0000%	8h	27.870	+0.036%	$4.2M	$9.2M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.879	+0.069%	$325K	$504K	—	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	27.870	+0.036%	$6K	$179K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.857	−0.011%	$1K	$888K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.856	−0.014%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.890	+0.108%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.880	+0.072%	$1.2M	$1.2M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.882	+0.079%	$351K	$53K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.860	0.000%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.840	−0.072%	$36K	$16K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.850	−0.036%	$681K	$790K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.870	+0.036%	$24K	$29K	50x	as long as short