Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.17 per $10,000 · paid last 24h −0.010%
Price spread now: Bybit against BloFin+0.107%132s7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as 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−$900.896% of the position
Funding, last 7 days−0.257%−$26 on $10k
+Price spread, last 3 days (all we have)−0.046%−$5 · spread now +0.107%, 7d avg −0.018%
=The price spread pays, funding is against you. Bybit is 0.125% dearer against BloFin than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of −0.018%): +$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. At the pace of the last 7 days (−0.257% in total) that is about 3.4 days. The two prices were read 132 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 47m | $213K | $62K | 20x |
| Short | Bybit BMNRUSDT | 28.030 | 0 | get 0.0000% / 8h | 6h 47m | $3.3M | $1.9M | 25x |
BloFin BMNR-USDT
Bybit BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.107% → −0.018%
- $12.51
- Slippage, 4 orders
- −$66.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$80.65
- Costs to cover
- 0.896%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 13 min ago; Bybit: live order book, 5 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, 13 min ago | 5.34 bp | 13.3 bp −$13 | 26.9 bp −$269 | 105.6 bp −$10.6K | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.68 bp | 31.0 bp −$31 | 128.7 bp −$1,287 | 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 BMNRUSDT | −0.0127% | 8h | 28.049 | +0.175% | $2.0M | $991K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 28.026 | +0.094% | $51K | $100K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.017 | +0.059% | $38K | $597K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.027 | +0.097% | $22.0M | $53.0M | 25x | as long as short |
| Bybit BMNRUSDTshort | 0.0000% | 8h | 28.030 | +0.107% | $3.3M | $1.9M | 25x | |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.050 | +0.179% | $3.6M | $4.8M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.040 | +0.143% | $4.2M | $9.5M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.001 | +0.002% | $312K | $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 | 28.042 | +0.150% | $1K | $944K | 10x | as long as short |
Bitget BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
Binance 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 | 28.060 | +0.214% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.020 | +0.071% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0002% | 1h | 28.030 | +0.107% | $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 | 28.015 | +0.054% | $352K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.030 | +0.107% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.990 | −0.036% | $36K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.010 | +0.036% | $684K | $801K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.040 | +0.143% | $25K | $45K | 50x | as long as short |
| tradeXYZ xyz:BMNR | +0.0108% | 1h | 28.027 | +0.096% | $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