Funding you earn now, next payment 08:00 UTC+0.0927%/8h= +101.5% APRnext payment +$9.27 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Bitget−0.117%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2012.009% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.117%, 7d avg +0.021%
=Together, before fees+0.161%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.138% cheaper against Bitget than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of +0.021%). If the spread goes back, that is −$14 on $10k: about 12 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.004% in total) that is about 9 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.004% in total (about 0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.27 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 | Bitget BMNRUSDT | 27.444 | −0.0927 | get 0.0927% / 8h | 2h 22m | $1.9M | $966K | 20x |
| Short | Aster BMNRUSDT | 27.412 | 0 | get 0.0000% / 8h | 2h 22m | $48K | $101K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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
- $194.67
- Price spread: −0.117% → +0.021%
- −$13.82
- Slippage, 4 orders
- −$180.9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$20.05
- Costs to cover
- 2.009%
- Break-even
- 7.7 days
Slippage from Bitget: live order book, 4 min ago; Aster: live order book, just now.
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 Bitget live order book, 4 min ago | 2.92 bp | 14.0 bp −$14 | 17.8 bp −$178 | 263.2 bp −$26.3K | doesn't fit |
| Sell Aster live order book, just now | 51.02 bp | 67.5 bp −$68 | 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 BMNRUSDTlong | −0.0927% | 8h | 27.444 | long leg | $1.9M | $966K | 20x | |
| Vest BMNR-USD-PERP | −0.0007% | 1h | 27.350 | −0.343% | — | $36K | 25x | as long as short |
| Aster BMNRUSDTshort | 0.0000% | 8h | 27.412 | −0.117% | $48K | $101K | 20x | |
| Extended BMNR-USD | 0.0000% | 1h | 27.407 | −0.135% | $60K | $494K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.418 | −0.096% | $21.6M | $52.6M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.411 | −0.120% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.450 | +0.022% | $3.5M | $4.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.420 | −0.087% | $4.1M | $8.9M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.370 | −0.268% | $212K | $596K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.447 | +0.009% | $6K | $190K | 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 | 27.434 | −0.036% | $1K | $867K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.436 | −0.029% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.410 | −0.124% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0013% | 1h | 27.390 | −0.197% | $1.2M | $1.1M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0015% | 8h | 27.440 | −0.015% | $208K | $52K | 20x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.404 | −0.146% | $345K | $54K | 10x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.394 | −0.182% | $902K | $1.4M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.390 | −0.197% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.400 | −0.160% | $669K | $741K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.360 | −0.306% | $24K | $29K | 50x | as long as short |
Bitget BMNRUSDT
Aster 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
BloFin BMNR-USDT
Lighter BMNR
tradeXYZ xyz:BMNR
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT