Funding you earn now, next payment 16:00 UTC−0.0213%/8h= −23.3% APRnext payment −$2.13 per $10,000 · paid last 24h −0.041%
Price spread now: Bitget against Aster+0.277%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$2052.052% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.277%, 7d avg −0.019%
=Together, before fees−0.176%+ Points / potential airdropAster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.296% dearer against Aster than usual: you sell high and buy low (spread +0.277% now, against its 7-day average of −0.019%): +$30 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.6 days. At the pace of the last 7 days (−0.012% in total) that is about 6 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BMNRUSDT | 27.571 | 0 | get 0.0000% / 8h | 7h 22m | $47K | $101K | 20x |
| Short | Bitget BMNRUSDT | 27.647 | −0.0213 | pay 0.0213% / 8h | 7h 22m | $1.9M | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$44.73
- Price spread: +0.277% → −0.019%
- $29.61
- Slippage, 4 orders
- −$185.17
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$220.28
- Costs to cover
- 2.052%
- Break-even
- never at this rate
Slippage from Aster: live order book, 50 min ago; Bitget: live order book, 4 min ago.
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 Aster live order book, 50 min ago | 54.51 bp | 64.8 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.09 bp | 48.9 bp −$49 | doesn't fit | 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 BMNRUSDTshort | −0.0213% | 8h | 27.647 | +0.277% | $1.9M | $1.3M | 20x | |
| Aster BMNRUSDTlong | 0.0000% | 8h | 27.571 | long leg | $47K | $101K | 20x | |
| Extended BMNR-USD | 0.0000% | 1h | 27.632 | +0.223% | $59K | $360K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.637 | +0.241% | $21.5M | $49.8M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.644 | +0.266% | $3.2M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.650 | +0.288% | $3.6M | $3.8M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.630 | +0.215% | $4.1M | $8.0M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.420 | −0.548% | $212K | $592K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.460 | −0.400% | $5K | $178K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.508 | −0.227% | $968 | $774K | 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 | 27.546 | −0.089% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.620 | +0.179% | $1.6M | $1.4M | 10x | as long as short |
| QFEX BMNR-USD | +0.0010% | 1h | 27.580 | +0.034% | $1.2M | $995K | 10x | as long as short |
| tradeXYZ xyz:BMNR | +0.0014% | 1h | 27.632 | +0.223% | $763K | $1.5M | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0018% | 1h | 27.540 | −0.111% | — | $36K | 25x | as long as short |
| BloFin BMNR-USDT | +0.0019% | 8h | 27.560 | −0.039% | $210K | $62K | 20x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.630 | +0.215% | $345K | $53K | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.440 | −0.474% | $36K | $10K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.590 | +0.070% | $673K | $718K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.450 | −0.438% | $24K | $23K | 50x | as long as short |
Aster BMNRUSDT
Bitget BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
tradeXYZ xyz:BMNR
BloFin BMNR-USDT
Lighter BMNR
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT