Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.029%

Price spread now: Bybit against SunX+0.095%7-day average +0.014% · you sell dearer than you buy

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

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)+0.443%+$44 · spread now +0.095%, 7d avg +0.014%

Together, before fees+0.579%+$58 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: Bybit is 0.080% dearer against SunX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BMNR-USDT	28.533	0	get 0.0000% / 8h	3h 32m	$1K	$1.0M	10x
Short	Bybit BMNRUSDT	28.560	0	get 0.0000% / 8h	3h 32m	$3.5M	$2.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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 SunXbpFee BybitbpOrdersPrice spread, now +0.095%Rate

Funding earned: $0
Price spread: +0.095% → +0.014%: $8.04
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$10.96
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 1 min ago; Bybit: live order book, 6 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 SunX live order book, 1 min ago	500.11 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 6 min ago	3.51 bp	22.3 bp −$22	135.6 bp −$1,356	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
Aster BMNRUSDT	0.0000%	8h	28.521	−0.043%	$54K	$97K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	28.549	+0.056%	$40K	$462K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	28.565	+0.114%	$23.4M	$53.3M	25x	as long as short
Bybit BMNRUSDTshort	0.0000%	8h	28.560	+0.095%	$3.5M	$2.0M	25x
OKX BMNR-USDT-SWAP	0.0000%	8h	28.550	+0.060%	$3.7M	$5.9M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	28.540	+0.025%	$3.9M	$10.3M	50x	as long as short
Bitget BMNRUSDT	0.0000%	8h	28.567	+0.119%	$2.0M	$1.1M	20x	as long as short
Variational Omni BMNR	0.0000%	8h	28.475	−0.202%	$340K	$408K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	28.482	−0.180%	$6K	$198K	10x	as long as short
SunX BMNR-USDTlong	0.0000%	8h	28.533	long leg	$1K	$1.0M	10x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	28.512	−0.074%	$5K	$39K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	28.570	+0.130%	$1.7M	$1.4M	10x	as long as short
QFEX BMNR-USD	+0.0006%	1h	28.530	−0.011%	$1.2M	$1.7M	10x	as long as short
BloFin BMNR-USDT	+0.0009%	8h	28.490	−0.151%	$214K	$56K	20x	as long as short
Lighter BMNR	+0.0032%	1h	28.604	+0.249%	$340K	$25K	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	28.490	−0.151%	$37K	$31K	5x	as long as short
Vest BMNR-USD-PERP	+0.0071%	1h	28.570	+0.130%	—	$2K	25x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	28.520	−0.046%	$707K	$710K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	28.480	−0.186%	$25K	$173K	50x	as long as short
tradeXYZ xyz:BMNR	+0.0292%	1h	28.553	+0.070%	$1.1M	$1.4M	10x	as long as short