Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0030%/8h= +3.3% APRpaid last 24h +0.005%

Price spread now: Ondo Perps against BloFin−0.107%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Ondo Perps is 0.107% cheaper against BloFin than usual: you would sell low and buy high (spread −0.107% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 12 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	BloFin BMNR-USDT	28.030	0.0020	pay 0.0020% / 8h	6h 02m	$215K	$63K	20x
Short	Ondo Perps BMNR-USD.P	28.000	0.0050	get 0.0006% / 1h	2m 44s	$36K	$10K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against BloFin. 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 BloFinbpFee Ondo PerpsbpOrdersPrice spread, now −0.107%Rate

Funding earned: $6.31
Price spread: −0.107% → 0.000%: −$10.7
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$21.39
Costs to cover: 0.170%
Break-even: 30.7 days

Slippage unknown: BloFin: live order book, 43 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 BloFin live order book, 43 min ago	5.39 bp	11.4 bp −$11	17.3 bp −$173	64.4 bp −$6,435	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 exchanges

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
Aster BMNRUSDT	0.0000%	8h	28.020	−0.036%	$48K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	28.011	−0.067%	$39K	$373K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	28.010	−0.071%	$21.7M	$45.3M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	28.009	−0.075%	$3.3M	$1.7M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	28.030	0.000%	$3.6M	$2.9M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	28.020	−0.036%	$4.1M	$7.6M	50x	as long as short
Bitget BMNRUSDT	0.0000%	8h	28.039	+0.032%	$1.9M	$1.2M	20x	as long as short
Variational Omni BMNR	0.0000%	8h	27.978	−0.184%	$216K	$464K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.930	−0.357%	$5K	$166K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	28.000	−0.107%	$994	$638K	10x	as long as short

Show all 20 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	28.012	−0.064%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	28.020	−0.036%	$1.6M	$1.4M	10x	as long as short
QFEX BMNR-USD	+0.0005%	1h	28.000	−0.107%	$1.2M	$957K	10x	as long as short
BloFin BMNR-USDTlong	+0.0020%	8h	28.030	long leg	$215K	$63K	20x
Lighter BMNR	+0.0032%	1h	28.015	−0.054%	$352K	$58K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	28.010	−0.071%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.Pshort	+0.0050%	1h	28.000	−0.107%	$36K	$10K	5x
KuCoin BMNRUSDTM	+0.0100%	8h	28.000	−0.107%	$682K	$759K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.970	−0.214%	$25K	$23K	50x	as long as short
tradeXYZ xyz:BMNR	+0.0271%	1h	28.037	+0.025%	$1.0M	$1.5M	10x	as long as short