BMNR Funding Rate — live across 12 venues

Compared across 12 supported venues · net of estimated fees · updated every few minutes

Live annualized BMNR perpetual funding across all 12 venues Perpia tracks. Right now BMNR funding is positive on 5 and negative on 0, ranging from +74.1% on trade.xyz to +0.0% on Ostium — a spread of 74.1%. The widest delta-neutral trade is long Variational / short Hyperliquid at 55.4% net APR.

12
venues
5
paying positive
74.1%
funding spread
Best BMNR spread now
55.4%
net APR after fees
size depends on live venue depth — see the real cap in the scanner

BMNR funding trend & liquidity

34h of history
72.9%
current gross APR
38.3%
24h average
21.0%
7-day average
$58K
pair OI · lower leg
$36K
24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

BMNR funding rate by venue

27 pairs scanned
VenueFunding APRInterval
trade.xyz+74.1%1h
Hyperliquid+72.9%1h
KuCoin+10.9%8h
Vest+5.0%1h
Lighter+3.5%8h
Variational+0.0%8h
Extended+0.0%1h
Bybit+0.0%8h
Bitget+0.0%8h
OKX+0.0%8h
Gate.io+0.0%8h
Ostium+0.0%1h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Variational vs Hyperliquid page.

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BMNR funding — FAQ

Is BMNR funding positive right now?

BMNR perpetual funding is positive on 5 of 12 venues Perpia tracks. The highest is +74.1% on trade.xyz; the lowest is +0.0% on Ostium.

What is the best BMNR funding arbitrage right now?

Go long Variational and short Hyperliquid for about 55.4% net APR after fees — the widest delta-neutral BMNR spread Perpia currently sees.

Which exchange has the highest BMNR funding rate?

trade.xyz, at +74.1% annualized. Funding shifts continuously, so check the live table above before trading.

How BMNR funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to BMNR

Markets also quoted on both Hyperliquid and Variational — the same two exchanges you would already have funded for the BMNR trade.

See every spread between them on the Hyperliquid vs Variational page.