Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.017%

Price spread now: Vest against Aster−0.127%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · Vest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.127% cheaper against Aster than usual: you would sell low and buy high (spread −0.127% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 9.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BMNRUSDT	27.705	0	get 0.0000% / 8h	4h 37m	$49K	$101K	20x
Short	Vest BMNR-USD-PERP	27.670	0.0046	get 0.0006% / 1h	37m 25s	—	$36K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Aster. 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 AsterbpFee VestbpOrdersPrice spread, now −0.127%Rate

Funding earned: $9.59
Price spread: −0.127% → 0.000%: −$12.7
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$13.1
Costs to cover: 0.100%
Break-even: 16.6 days

Slippage unknown: Aster: live order book, 61 min ago; Vest: 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 Aster live order book, 61 min ago	50.29 bp	60.5 bp −$60	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.0743%	8h	27.756	+0.183%	$1.9M	$936K	20x	as long as short
BloFin BMNR-USDT	−0.0021%	8h	27.700	−0.019%	$210K	$52K	20x	as long as short
Aster BMNRUSDTlong	0.0000%	8h	27.705	long leg	$49K	$101K	20x
Extended BMNR-USD	0.0000%	1h	27.714	+0.030%	$53K	$630K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.700	−0.019%	$22.0M	$52.8M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.695	−0.037%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.740	+0.126%	$3.5M	$4.2M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.730	+0.090%	$4.2M	$9.2M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.720	+0.053%	$323K	$504K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.728	+0.084%	$6K	$180K	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	27.753	+0.173%	$1K	$888K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.731	+0.093%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.720	+0.054%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0018%	1h	27.710	+0.017%	$1.2M	$1.2M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.699	−0.022%	$348K	$53K	10x	as long as short
Vest BMNR-USD-PERPshort	+0.0046%	1h	27.670	−0.127%	—	$36K	25x
tradeXYZ xyz:BMNR	+0.0050%	1h	27.701	−0.015%	$913K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.720	+0.054%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.700	−0.019%	$677K	$781K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.680	−0.091%	$24K	$29K	50x	as long as short