Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0019%/8h= −2.1% APRpaid last 24h −0.017%

Price spread now: Gate against Vest+0.182%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. Gate is 0.182% dearer against Vest than usual: you sell high and buy low (spread +0.182% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 32 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest BMNR-USD-PERP	27.540	0.0019	pay 0.0002% / 1h	44m 26s	—	$36K	25x
Short	Gate BMNR_USDT	27.590	0	get 0.0000% / 8h	2h 44m	$4.1M	$8.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Vest. 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 VestbpFee GatebpOrdersPrice spread, now +0.182%Rate

Funding earned: −$3.95
Price spread: +0.182% → 0.000%: $18.16
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$2.79
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Gate: live order book, 4 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 Vest no order-book sample	—	—	—	—	—
Sell Gate live order book, 4 min ago	3.62 bp	16.0 bp −$16	197.5 bp −$1,975	doesn't fit	doesn't fit

Vest: 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	−0.0732%	8h	27.600	+0.218%	$1.9M	$947K	20x	as long as short
BloFin BMNR-USDT	−0.0009%	8h	27.590	+0.182%	$208K	$52K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.589	+0.178%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.582	+0.153%	$57K	$493K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.581	+0.150%	$21.7M	$52.4M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.577	+0.134%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.600	+0.218%	$3.5M	$4.1M	20x	as long as short
Gate BMNR_USDTshort	0.0000%	8h	27.590	+0.182%	$4.1M	$8.9M	50x
Variational Omni BMNR	0.0000%	8h	27.560	+0.073%	$275K	$535K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.580	+0.146%	$5K	$189K	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	27.581	+0.149%	$902	$867K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.550	+0.036%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.570	+0.109%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0013%	1h	27.580	+0.145%	$1.2M	$1.1M	10x	as long as short
Vest BMNR-USD-PERPlong	+0.0019%	1h	27.540	long leg	—	$36K	25x
Lighter BMNR	+0.0032%	1h	27.559	+0.069%	$347K	$52K	10x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.565	+0.091%	$907K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.600	+0.218%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.580	+0.145%	$674K	$747K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.570	+0.109%	$24K	$29K	50x	as long as short