Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Bybit+0.064%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$610.612% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.136%−$14 on $10k

Price spread, last 7 days−0.102%−$10 · spread now +0.064%, 7d avg −0.005%

Together, before fees−0.238%−$24 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.069% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BMNRUSDT	27.982	0	get 0.0000% / 8h	6h 16m	$3.3M	$1.9M	25x
Short	Gate BMNR_USDT	28.000	0	get 0.0000% / 8h	6h 16m	$4.2M	$9.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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 BybitbpFee GatebpOrdersPrice spread, now +0.064%Rate

Funding earned: $0
Price spread: +0.064% → −0.005%: $6.93
Slippage, 4 orders: −$35.25
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$54.32
Costs to cover: 0.612%
Break-even: never at this rate

Slippage from Bybit: live order book, 6 min ago; Gate: live order book, 2 min ago.

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 Bybit live order book, 6 min ago	2.68 bp	17.8 bp −$18	130.2 bp −$1,302	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	3.57 bp	13.9 bp −$14	50.9 bp −$509	doesn't fit	doesn't fit

BMNR on 19 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	−0.0445%	8h	28.006	+0.086%	$2.0M	$967K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.968	−0.049%	$50K	$100K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.977	−0.016%	$54K	$635K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.980	−0.007%	$22.3M	$53.7M	25x	as long as short
Bybit BMNRUSDTlong	0.0000%	8h	27.982	long leg	$3.3M	$1.9M	25x
OKX BMNR-USDT-SWAP	0.0000%	8h	27.990	+0.029%	$3.6M	$4.4M	20x	as long as short
Gate BMNR_USDTshort	0.0000%	8h	28.000	+0.064%	$4.2M	$9.7M	50x
Variational Omni BMNR	0.0000%	8h	27.970	−0.044%	$312K	$491K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.970	−0.043%	$6K	$179K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.965	−0.061%	$973	$931K	10x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	27.972	−0.036%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.970	−0.043%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0002%	1h	27.980	−0.007%	$1.2M	$1.3M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.985	+0.011%	$352K	$53K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.960	−0.079%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.950	−0.114%	$36K	$16K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.970	−0.043%	$683K	$809K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.950	−0.114%	$24K	$39K	50x	as long as short
tradeXYZ xyz:BMNR	+0.0282%	1h	27.996	+0.050%	$944K	$1.5M	10x	as long as short