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 +0.146%

Price spread now: tradeXYZ against Gate−0.054%7-day average −0.028% · you buy dearer than you sell

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

Long on Gate Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.902%+$90 on $10k

Price spread, last 7 days+0.059%+$6 · spread now −0.054%, 7d avg −0.028%

Together, before fees+0.960%+ Points / potential airdroptradeXYZ: Active · farm board+$96 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.026% cheaper against Gate than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of −0.028%). If the spread goes back, that is −$3 on $10k: about 42 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.902% in total) that is about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BMNR_USDT	27.800	0	get 0.0000% / 8h	3h 37m	$4.2M	$9.0M	50x
Short	tradeXYZ xyz:BMNR	27.785	0.0050	get 0.0006% / 1h	37m 34s	$916K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.054%Rate

Funding earned: $10.5
Price spread: −0.054% → −0.028%: −$2.62
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$25.12
Costs to cover: 0.330%
Break-even: 23.7 days

Slippage unknown: Gate: live order book, 1 min ago; tradeXYZ: live order book, 10 min ago. 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, 1 min ago	5.40 bp	40.8 bp −$41	98.8 bp −$988	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 10 min ago	0.90 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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	−0.0586%	8h	27.814	+0.050%	$1.9M	$921K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.786	−0.051%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.791	−0.034%	$52K	$621K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.800	0.000%	$22.0M	$52.2M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.786	−0.050%	$3.2M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.800	0.000%	$3.5M	$4.1M	20x	as long as short
Gate BMNR_USDTlong	0.0000%	8h	27.800	long leg	$4.2M	$9.0M	50x
Variational Omni BMNR	0.0000%	8h	27.780	−0.071%	$324K	$504K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.785	−0.053%	$6K	$185K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.829	+0.104%	$1K	$871K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	27.766	−0.122%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.800	0.000%	$1.6M	$1.5M	10x	as long as short
BloFin BMNR-USDT	+0.0005%	8h	27.780	−0.072%	$208K	$52K	20x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.790	−0.036%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.799	−0.004%	$350K	$52K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.770	−0.108%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNRshort	+0.0050%	1h	27.785	−0.054%	$916K	$1.5M	10x
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.740	−0.216%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.790	−0.036%	$679K	$765K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.770	−0.108%	$24K	$29K	50x	as long as short