BMNR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.02 per $10,000 · paid last 24h +0.001%

Price spread now: BloFin against Binance+0.110%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$390.389% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.212%−$21 · spread now +0.110%, 7d avg +0.035%

Together, before fees−0.215%−$22 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.075% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BMNRUSDT	27.670	0	get 0.0000% / 8h	3h 24m	$21.9M	$52.2M	25x
Short	BloFin BMNR-USDT	27.700	−0.0002	pay 0.0002% / 8h	3h 24m	$208K	$52K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now +0.110%Rate

Funding earned: −$0.35
Price spread: +0.110% → +0.035%: $7.5
Slippage, 4 orders: −$16.85
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$31.71
Costs to cover: 0.389%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; BloFin: live order book, 66 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, 2 min ago	1.80 bp	9.3 bp −$9	19.1 bp −$191	98.8 bp −$9,880	doesn't fit
Sell BloFin live order book, 66 min ago	3.60 bp	9.6 bp −$10	19.0 bp −$190	68.2 bp −$6,820	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	−0.0571%	8h	27.687	+0.063%	$1.9M	$921K	20x	as long as short
BloFin BMNR-USDTshort	−0.0002%	8h	27.700	+0.110%	$208K	$52K	20x
Aster BMNRUSDT	0.0000%	8h	27.684	+0.053%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.662	−0.027%	$57K	$622K	10x	as long as short
Binance BMNRUSDTlong	0.0000%	8h	27.670	long leg	$21.9M	$52.2M	25x
Bybit BMNRUSDT	0.0000%	8h	27.643	−0.096%	$3.2M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.690	+0.073%	$3.5M	$4.1M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.680	+0.037%	$4.2M	$9.0M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.700	+0.109%	$323K	$504K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.770	+0.362%	$6K	$187K	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	27.749	+0.287%	$1K	$867K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.716	+0.167%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.680	+0.037%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.670	+0.001%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.663	−0.024%	$348K	$52K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.650	−0.071%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.637	−0.118%	$910K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.750	+0.290%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.660	−0.035%	$676K	$761K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.730	+0.218%	$24K	$29K	50x	as long as short