Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0071%/8h= +7.8% APRpaid last 24h +0.007%

Price spread now: Vest against BloFin−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 BloFin 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 airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.108% cheaper against BloFin than usual: you would sell low and buy high (spread −0.108% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 5.0 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BMNR-USDT	27.800	−0.0026	get 0.0026% / 8h	4h 08m	$209K	$52K	20x
Short	Vest BMNR-USD-PERP	27.770	0.0046	get 0.0006% / 1h	8m 29s	—	$36K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.108%Rate

Funding earned: $15.01
Price spread: −0.108% → 0.000%: −$10.79
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$9.78
Costs to cover: 0.140%
Break-even: 11.6 days

Slippage unknown: BloFin: live order book, 22 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 BloFin live order book, 22 min ago	3.60 bp	11.9 bp −$12	16.9 bp −$169	73.3 bp −$7,328	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	−0.0699%	8h	27.820	+0.072%	$1.9M	$932K	20x	as long as short
BloFin BMNR-USDTlong	−0.0026%	8h	27.800	long leg	$209K	$52K	20x
Aster BMNRUSDT	0.0000%	8h	27.790	−0.037%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.792	−0.028%	$52K	$628K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.790	−0.036%	$22.0M	$52.7M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.793	−0.025%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.820	+0.072%	$3.5M	$4.2M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.800	0.000%	$4.2M	$9.3M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.800	−0.001%	$324K	$504K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.806	+0.022%	$6K	$183K	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	27.817	+0.061%	$882	$886K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.772	−0.101%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.810	+0.036%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0018%	1h	27.790	−0.036%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.800	0.000%	$350K	$53K	10x	as long as short
Vest BMNR-USD-PERPshort	+0.0046%	1h	27.770	−0.108%	—	$36K	25x
tradeXYZ xyz:BMNR	+0.0050%	1h	27.780	−0.072%	$916K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.800	0.000%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.790	−0.036%	$679K	$769K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.780	−0.072%	$24K	$29K	50x	as long as short