Funding you earn now, next payment 08:00 UTC+0.0792%/8h= +86.7% APRnext payment +$7.92 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget−0.090%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1051.054% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 7 days+0.104%+$10 · spread now −0.090%, 7d avg −0.022%
=Funding pays, the price is against you. Gate is 0.068% cheaper against Bitget than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of −0.022%). If the spread goes back, that is −$7 on $10k: about 7 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.004% in total) that is about 4 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 +$7.92 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 | 27.865 | −0.0792 | get 0.0792% / 8h | 5h 40m | $1.9M | $937K | 20x |
| Short | Gate BMNR_USDT | 27.840 | 0 | get 0.0000% / 8h | 5h 40m | $4.2M | $9.5M | 50x |
Bitget BMNRUSDT
Gate BMNR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $166.32
- Price spread: −0.090% → −0.022%
- −$6.76
- Slippage, 4 orders
- −$78.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $54.14
- Costs to cover
- 1.054%
- Break-even
- 4.7 days
Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 3 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 | 0.54 bp | 28.2 bp −$28 | 38.8 bp −$388 | 325.7 bp −$32.6K | doesn't fit |
| Sell Gate live order book, 3 min ago | 3.59 bp | 15.2 bp −$15 | 59.1 bp −$591 | 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 | −0.0792% | 8h | 27.865 | long leg | $1.9M | $937K | 20x | |
| Aster BMNRUSDT | 0.0000% | 8h | 27.849 | −0.057% | $50K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.842 | −0.081% | $53K | $638K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.850 | −0.054% | $22.1M | $52.8M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.841 | −0.086% | $3.3M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.830 | −0.126% | $3.5M | $4.3M | 20x | as long as short |
| Gate BMNR_USDTshort | 0.0000% | 8h | 27.840 | −0.090% | $4.2M | $9.5M | 50x | |
| Variational Omni BMNR | 0.0000% | 8h | 27.780 | −0.307% | $317K | $497K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.796 | −0.249% | $6K | $176K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.810 | −0.197% | $982 | $892K | 10x | as long as short |
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
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 | 27.856 | −0.032% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.840 | −0.090% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0012% | 1h | 27.820 | −0.161% | $1.2M | $1.2M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0018% | 8h | 27.820 | −0.161% | $210K | $61K | 20x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.826 | −0.140% | $350K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.810 | −0.197% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.818 | −0.169% | $926K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.800 | −0.233% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.820 | −0.161% | $679K | $807K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.800 | −0.233% | $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