Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against SunX+0.201%7-day average — · you sell dearer than you buy

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

Long on SunX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 5 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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.201% dearer against SunX than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BMNR-USDT	27.794	0	get 0.0000% / 8h	5h 51m	$1K	$893K	10x
Short	Ondo Perps BMNR-USD.P	27.850	0.0050	get 0.0006% / 1h	51m 32s	$36K	$16K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +0.201%Rate

Funding earned: $10.58
Price spread: +0.201% → 0.000%: $20.15
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $17.73
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: SunX: live order book, 61 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 SunX live order book, 61 min ago	500.20 bp	doesn't fit	doesn't fit	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 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	−0.0721%	8h	27.869	+0.270%	$2.0M	$926K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.849	+0.198%	$50K	$100K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.813	+0.067%	$52K	$634K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.828	+0.121%	$22.1M	$52.7M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.830	+0.130%	$3.3M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.850	+0.201%	$3.6M	$4.3M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.840	+0.166%	$4.2M	$9.5M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.860	+0.239%	$317K	$497K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.801	+0.026%	$5K	$177K	10x	as long as short
SunX BMNR-USDTlong	0.0000%	8h	27.794	long leg	$1K	$893K	10x

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	27.807	+0.047%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.830	+0.130%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.830	+0.130%	$1.2M	$1.3M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.811	+0.061%	$350K	$53K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.810	+0.058%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.809	+0.054%	$926K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.Pshort	+0.0050%	1h	27.850	+0.201%	$36K	$16K	5x
KuCoin BMNRUSDTM	+0.0100%	8h	27.810	+0.058%	$679K	$809K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.790	−0.014%	$24K	$29K	50x	as long as short