Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against Gate−0.181%7-day average — · you buy dearer than you sell

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

Long on Gate 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 0.181% cheaper against Gate than usual: you would sell low and buy high (spread −0.181% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 12 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	Gate BMNR_USDT	27.670	0	get 0.0000% / 8h	3h 06m	$4.1M	$9.1M	50x
Short	Ondo Perps BMNR-USD.P	27.620	0.0050	get 0.0006% / 1h	6m 27s	$36K	$15K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Gate. 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 GatebpFee Ondo PerpsbpOrdersPrice spread, now −0.181%Rate

Funding earned: $10.58
Price spread: −0.181% → 0.000%: −$18.07
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$27.49
Costs to cover: 0.200%
Break-even: 25.2 days

Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago	3.62 bp	18.6 bp −$19	218.7 bp −$2,187	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	−0.0663%	8h	27.705	+0.126%	$1.9M	$921K	20x	as long as short
BloFin BMNR-USDT	0.0000%	8h	27.650	−0.072%	$208K	$52K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.660	−0.035%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.663	−0.026%	$57K	$455K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.670	0.000%	$21.9M	$52.3M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.660	−0.036%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.690	+0.072%	$3.5M	$4.1M	20x	as long as short
Gate BMNR_USDTlong	0.0000%	8h	27.670	long leg	$4.1M	$9.1M	50x
Variational Omni BMNR	0.0000%	8h	27.640	−0.109%	$322K	$504K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.613	−0.206%	$6K	$188K	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	27.645	−0.090%	$981	$866K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.624	−0.166%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.630	−0.145%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.660	−0.036%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.655	−0.054%	$348K	$52K	10x	as long as short
Vest BMNR-USD-PERP	+0.0040%	1h	27.620	−0.181%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.679	+0.033%	$911K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.Pshort	+0.0050%	1h	27.620	−0.181%	$36K	$15K	5x
KuCoin BMNRUSDTM	+0.0100%	8h	27.630	−0.145%	$676K	$754K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.590	−0.289%	$24K	$29K	50x	as long as short