Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.17 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin+0.071%251s7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$460.459% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 2 days (all we have)−0.280%−$28 · spread now +0.071%, 7d avg −0.057%
=The price spread pays, funding is against you. Binance is 0.129% dearer against BloFin than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.057%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 25 days. The two prices were read 251 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BMNR-USDT | 28.000 | 0.0017 | pay 0.0017% / 8h | 6h 45m | $213K | $62K | 20x |
| Short | Binance BMNRUSDT | 28.020 | 0 | get 0.0000% / 8h | 6h 45m | $22.0M | $53.0M | 25x |
BloFin BMNR-USDT
Binance BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$3.54
- Price spread: +0.071% → −0.057%
- $12.88
- Slippage, 4 orders
- −$23.89
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$36.55
- Costs to cover
- 0.459%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 15 min ago; Binance: live order book, 12 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 BloFin live order book, 15 min ago | 5.34 bp | 13.3 bp −$13 | 26.9 bp −$269 | 105.6 bp −$10.6K | doesn't fit |
| Sell Binance live order book, 12 min ago | 3.57 bp | 10.4 bp −$10 | 24.0 bp −$240 | 94.3 bp −$9,431 | 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 | −0.0163% | 8h | 28.026 | +0.093% | $2.0M | $990K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 28.001 | +0.004% | $51K | $100K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.003 | +0.009% | $38K | $597K | 10x | as long as short |
| Binance BMNRUSDTshort | 0.0000% | 8h | 28.020 | +0.071% | $22.0M | $53.0M | 25x | |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.015 | +0.054% | $3.3M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.030 | +0.107% | $3.6M | $4.7M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.020 | +0.071% | $4.2M | $9.5M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.021 | +0.074% | $313K | $492K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.032 | +0.115% | $5K | $179K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 28.041 | +0.146% | $981 | $944K | 10x | as long as short |
Bitget BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
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 | 28.029 | +0.104% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.010 | +0.036% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0002% | 1h | 28.000 | 0.000% | $1.2M | $1.4M | 10x | as long as short |
| BloFin BMNR-USDTlong | +0.0017% | 8h | 28.000 | long leg | $213K | $62K | 20x | |
| Lighter BMNR | +0.0032% | 1h | 27.998 | −0.007% | $352K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.010 | +0.036% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.000 | 0.000% | $36K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.000 | 0.000% | $685K | $802K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.020 | +0.071% | $25K | $45K | 50x | as long as short |
| tradeXYZ xyz:BMNR | +0.0142% | 1h | 28.019 | +0.068% | $945K | $1.5M | 10x | as long as short |
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
Lighter BMNR
Vest BMNR-USD-PERP
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT
tradeXYZ xyz:BMNR