Funding you earn now, next payment 08:00 UTC+0.0647%/8h= +70.8% APRnext payment +$6.47 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against Bitget+0.024%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1491.490% of the position
Funding, last 7 days+0.401%+$40 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now +0.024%, 7d avg −0.013%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Binance is 0.037% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.013%.
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 +$6.47 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 | 27.839 | −0.0647 | get 0.0647% / 8h | 3h 55m | $1.9M | $930K | 20x |
| Short | Binance BMNRUSDT | 27.846 | 0 | get 0.0000% / 8h | 3h 55m | $22.0M | $52.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $135.87
- Price spread: +0.024% → −0.013%
- $3.72
- Slippage, 4 orders
- −$127.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$9.43
- Costs to cover
- 1.490%
- Break-even
- 7.5 days
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 2 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 Bitget live order book, 2 min ago | 2.33 bp | 70.8 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.80 bp | 10.4 bp −$10 | 26.0 bp −$260 | 100.8 bp −$10.1K | 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 | −0.0647% | 8h | 27.839 | long leg | $1.9M | $930K | 20x | |
| Aster BMNRUSDT | 0.0000% | 8h | 27.816 | −0.084% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.832 | −0.024% | $52K | $623K | 10x | as long as short |
| Binance BMNRUSDTshort | 0.0000% | 8h | 27.846 | +0.024% | $22.0M | $52.7M | 25x | |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.833 | −0.022% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.840 | +0.004% | $3.5M | $4.2M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.830 | −0.032% | $4.2M | $9.0M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.820 | −0.068% | $324K | $504K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.820 | −0.068% | $5K | $184K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.833 | −0.022% | $1K | $884K | 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 | 27.820 | −0.068% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.830 | −0.032% | $1.6M | $1.5M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0004% | 8h | 27.820 | −0.068% | $209K | $53K | 20x | as long as short |
| QFEX BMNR-USD | +0.0012% | 1h | 27.820 | −0.068% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.851 | +0.043% | $350K | $52K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0043% | 1h | 27.790 | −0.176% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.842 | +0.011% | $918K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.840 | +0.004% | $36K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.820 | −0.068% | $680K | $765K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.810 | −0.104% | $24K | $29K | 50x | as long as short |
Bitget BMNRUSDT
Binance BMNRUSDT
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
Phemex BMNRUSDT
BloFin BMNR-USDT
Lighter BMNR
tradeXYZ xyz:BMNR
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT