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: Aster against tradeXYZ+0.003%7-day average +0.040% · you sell dearer than you buy

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

Long on tradeXYZ Short on Aster

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.003%, 7d avg +0.040%

Together, before fees−0.821%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board−$82 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.037% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.040%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:BMNR	27.785	0.0050	pay 0.0006% / 1h	37m 34s	$916K	$1.5M	10x
Short	Aster BMNRUSDT	27.786	0	get 0.0000% / 8h	3h 37m	$49K	$101K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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 tradeXYZbpFee AsterbpOrdersPrice spread, now +0.003%Rate

Funding earned: −$10.5
Price spread: +0.003% → +0.040%: −$3.75
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Aster: 4 bp × 2 orders: −$8
Net: −$40.25
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 10 min ago; Aster: live order book, 55 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 tradeXYZ live order book, 10 min ago	0.90 bp	14.6 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 55 min ago	46.78 bp	73.9 bp −$74	87.5 bp −$875	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	+0.104%	$1.9M	$921K	20x	as long as short
Aster BMNRUSDTshort	0.0000%	8h	27.786	+0.003%	$49K	$101K	20x
Extended BMNR-USD	0.0000%	1h	27.791	+0.020%	$52K	$621K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.800	+0.054%	$22.0M	$52.2M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.786	+0.004%	$3.2M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.800	+0.054%	$3.5M	$4.1M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.800	+0.054%	$4.2M	$9.0M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.780	−0.017%	$324K	$504K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.785	0.000%	$6K	$185K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.829	+0.158%	$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	−0.068%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.800	+0.054%	$1.6M	$1.5M	10x	as long as short
BloFin BMNR-USDT	+0.0005%	8h	27.780	−0.018%	$208K	$52K	20x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.790	+0.018%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.799	+0.050%	$350K	$52K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.770	−0.054%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNRlong	+0.0050%	1h	27.785	long leg	$916K	$1.5M	10x
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.740	−0.162%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.790	+0.018%	$679K	$765K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.770	−0.054%	$24K	$29K	50x	as long as short