Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h −0.071%
Price spread now: Bitget against BloFin+0.131%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1181.179% of the position
Funding, last 7 days−0.396%−$40 on $10k
+Price spread, last 3 days (all we have)+0.098%+$10 · spread now +0.131%, 7d avg +0.015%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.115% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.015%. Mind the row above: over the last 7 days funding on this pair cost −0.396%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BMNR-USDT | 28.320 | −0.0018 | get 0.0018% / 8h | 2h 09m | $213K | $59K | 20x |
| Short | Bitget BMNRUSDT | 28.357 | 0 | get 0.0000% / 8h | 2h 09m | $2.0M | $1.2M | 20x |
BloFin BMNR-USDT
Bitget BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $3.87
- Price spread: +0.131% → +0.015%
- $11.53
- Slippage, 4 orders
- −$93.9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$102.49
- Costs to cover
- 1.179%
- Break-even
- 192.2 days
Slippage from BloFin: live order book, 6 min ago; Bitget: live order book, 8 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, 6 min ago | 5.29 bp | 17.0 bp −$17 | 24.7 bp −$247 | 96.5 bp −$9,654 | doesn't fit |
| Sell Bitget live order book, 8 min ago | 4.40 bp | 32.3 bp −$32 | 47.6 bp −$476 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BMNR-USDTlong | −0.0018% | 8h | 28.320 | long leg | $213K | $59K | 20x | |
| Aster BMNRUSDT | 0.0000% | 8h | 28.365 | +0.160% | $53K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.338 | +0.062% | $40K | $462K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.340 | +0.071% | $22.4M | $55.4M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.347 | +0.095% | $3.4M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.360 | +0.141% | $3.6M | $6.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.350 | +0.106% | $3.8M | $10.5M | 50x | as long as short |
| Bitget BMNRUSDTshort | 0.0000% | 8h | 28.357 | +0.131% | $2.0M | $1.2M | 20x | |
| Variational Omni BMNR | 0.0000% | 8h | 28.345 | +0.087% | $309K | $464K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.357 | +0.130% | $5K | $198K | 10x | as long as short |
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNR
GRVT BMNR_USDT_PerpShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BMNR-USDT | 0.0000% | 8h | 28.347 | +0.095% | $1K | $1.0M | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 28.353 | +0.117% | $6K | $39K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.340 | +0.071% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0011% | 1h | 28.330 | +0.035% | $1.2M | $1.8M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 28.382 | +0.219% | $337K | $25K | 10x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 28.339 | +0.067% | $951K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.440 | +0.424% | $37K | $34K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.350 | +0.106% | $707K | $757K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.370 | +0.177% | $25K | $171K | 50x | as long as short |
| Vest BMNR-USD-PERP | +0.0109% | 1h | 28.410 | +0.318% | — | $36K | 25x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
Lighter BMNR
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT
Vest BMNR-USD-PERP