Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Phemex against Binance+0.034%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1201.196% of the position
Funding, last 7 days−0.398%−$40 on $10k
+Price spread, last 4 days (all we have)−0.035%−$3 · spread now +0.034%, 7d avg +0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BMNRUSDT | 27.511 | 0 | get 0.0000% / 8h | 17m 56s | $21.6M | $51.1M | 25x |
| Short | Phemex BMNRUSDT | 27.520 | 0 | get 0.0000% / 8h | 17m 56s | $1.6M | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.034% → +0.015%
- $1.88
- Slippage, 4 orders
- −$97.63
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$117.75
- Costs to cover
- 1.196%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Phemex: live order book, 5 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, 9 min ago | 1.82 bp | 8.6 bp −$9 | 23.9 bp −$239 | 146.1 bp −$14.6K | doesn't fit |
| Sell Phemex live order book, 5 min ago | 10.93 bp | 43.7 bp −$44 | 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 BMNRUSDT | −0.0501% | 8h | 27.533 | +0.081% | $1.9M | $1.3M | 20x | as long as short |
| tradeXYZ xyz:BMNR | −0.0415% | 1h | 27.476 | −0.126% | $771K | $1.6M | 10x | as long as short |
| BloFin BMNR-USDT | −0.0002% | 8h | 27.540 | +0.107% | $208K | $51K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.511 | +0.003% | $47K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.504 | −0.023% | $57K | $360K | 10x | as long as short |
| Binance BMNRUSDTlong | 0.0000% | 8h | 27.511 | long leg | $21.6M | $51.1M | 25x | |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.515 | +0.016% | $3.2M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.520 | +0.034% | $3.5M | $3.8M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.510 | −0.002% | $4.1M | $8.5M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.450 | −0.220% | $213K | $607K | — | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.470 | −0.148% | $6K | $186K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.515 | +0.016% | $1K | $810K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.529 | +0.067% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDTshort | 0.0000% | 8h | 27.520 | +0.034% | $1.6M | $1.4M | 10x | |
| Vest BMNR-USD-PERP | +0.0006% | 1h | 27.480 | −0.111% | — | $36K | 25x | as long as short |
| QFEX BMNR-USD | +0.0010% | 1h | 27.510 | −0.002% | $1.2M | $1.0M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.492 | −0.068% | $343K | $51K | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.500 | −0.039% | $36K | $14K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.470 | −0.148% | $670K | $700K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.450 | −0.220% | $24K | $29K | 50x | as long as short |
Binance BMNRUSDT
Phemex BMNRUSDT
Bitget BMNRUSDT
tradeXYZ xyz:BMNR
BloFin BMNR-USDT
Aster BMNRUSDT
Extended BMNR-USD
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Lighter BMNR
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT