Funding you earn now, next payment 08:00 UTC−0.0689%/8h= −75.4% APRnext payment −$6.89 per $10,000 · paid last 24h −0.010%
Price spread now: Bitget against Binance+0.092%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$890.888% of the position
Funding, last 7 days−0.401%−$40 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now +0.092%, 7d avg +0.013%
=The price spread pays, funding is against you. Bitget is 0.080% dearer against Binance than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of +0.013%): +$8 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.401% in total) that is about 33 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.401% in total (about -20.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.89 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 | Binance BMNRUSDT | 27.745 | 0 | get 0.0000% / 8h | 4h 46m | $22.0M | $52.8M | 25x |
| Short | Bitget BMNRUSDT | 27.771 | −0.0689 | pay 0.0689% / 8h | 4h 46m | $1.9M | $938K | 20x |
Binance BMNRUSDT
Bitget BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$144.69
- Price spread: +0.092% → +0.013%
- $7.96
- Slippage, 4 orders
- −$66.76
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$225.49
- Costs to cover
- 0.888%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 1 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 Binance live order book, 11 min ago | 1.80 bp | 9.0 bp −$9 | 22.8 bp −$228 | 144.3 bp −$14.4K | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.52 bp | 52.0 bp −$52 | 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 | −0.0689% | 8h | 27.771 | +0.092% | $1.9M | $938K | 20x | |
| Aster BMNRUSDT | 0.0000% | 8h | 27.719 | −0.097% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.741 | −0.016% | $53K | $630K | 10x | as long as short |
| Binance BMNRUSDTlong | 0.0000% | 8h | 27.745 | long leg | $22.0M | $52.8M | 25x | |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.731 | −0.052% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.750 | +0.017% | $3.5M | $4.3M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.740 | −0.019% | $4.2M | $9.2M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.735 | −0.038% | $323K | $504K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.770 | +0.089% | $6K | $179K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.728 | −0.063% | $968 | $888K | 10x | as long as short |
Aster BMNRUSDT
Extended BMNR-USD
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BMNR-USDT | 0.0000% | 8h | 27.761 | +0.056% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.740 | −0.019% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0018% | 1h | 27.740 | −0.019% | $1.2M | $1.2M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0026% | 8h | 27.730 | −0.055% | $210K | $58K | 20x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.727 | −0.066% | $349K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.720 | −0.091% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.710 | −0.127% | $914K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.780 | +0.125% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.740 | −0.019% | $678K | $785K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.740 | −0.019% | $24K | $29K | 50x | as long as short |
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
BloFin BMNR-USDT
Lighter BMNR
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT