Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.152%

Price spread now: Ondo Perps against tradeXYZ−0.108%7-day average — · you buy dearer than you sell

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

Long on tradeXYZ Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · Ondo Perps: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.108% cheaper against tradeXYZ than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:BMNR	27.870	0.0050	pay 0.0006% / 1h	0m 02s	$920K	$1.5M	10x
Short	Ondo Perps BMNR-USD.P	27.840	0.0050	get 0.0006% / 1h	0m 02s	$36K	$16K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.108%Rate

Funding earned: $0.08
Price spread: −0.108% → 0.000%: −$10.76
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$33.68
Costs to cover: 0.230%
Break-even: 2813.7 days

Slippage unknown: tradeXYZ: live order book, 7 min ago; Ondo Perps: no order-book sample. 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, 7 min ago	0.36 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0679%	8h	27.899	+0.104%	$1.9M	$934K	20x	as long as short
BloFin BMNR-USDT	−0.0006%	8h	27.870	0.000%	$210K	$58K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.878	+0.029%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.893	+0.083%	$52K	$632K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.880	+0.036%	$22.1M	$52.7M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.880	+0.036%	$3.3M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.900	+0.108%	$3.6M	$4.3M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.890	+0.072%	$4.2M	$9.6M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.879	+0.033%	$325K	$504K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.860	−0.036%	$6K	$178K	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	27.857	−0.047%	$1K	$888K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.856	−0.050%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.890	+0.072%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.880	+0.036%	$1.2M	$1.2M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.882	+0.043%	$351K	$53K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.860	−0.036%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNRlong	+0.0050%	1h	27.870	long leg	$920K	$1.5M	10x
Ondo Perps BMNR-USD.Pshort	+0.0050%	1h	27.840	−0.108%	$36K	$16K	5x
KuCoin BMNRUSDTM	+0.0100%	8h	27.870	0.000%	$682K	$790K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.850	−0.072%	$24K	$29K	50x	as long as short