Funding you earn now, next payment 08:00 UTC+0.0083%/8h= +9.1% APRnext payment +$0.83 per $10,000 · paid last 24h +0.020%
Price spread now: KuCoin against BloFin−0.179%650s7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$705as 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−$6816.811% of the position
Funding, last 7 days−0.235%−$23 on $10k
+Price spread, last 3 days (all we have)+0.236%+$24 · spread now −0.179%, 7d avg −0.052%
=Funding pays, the price is against you. KuCoin is 0.126% cheaper against BloFin than usual: you would sell low and buy high (spread −0.179% now, against its 7-day average of −0.052%). If the spread goes back, that is −$13 on $10k: about 5.1 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.235%, so the current rate has only just turned in your favour. The two prices were read 650 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 38m | $213K | $62K | 20x |
| Short | KuCoin BMNRUSDTM | 27.950 | 0.0100 | get 0.0100% / 8h | 6h 38m | $683K | $802K | 20x |
BloFin BMNR-USDT
KuCoin BMNRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $17.46
- Price spread: −0.179% → −0.052%
- −$12.65
- Slippage, 4 orders
- −$657.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$676.31
- Costs to cover
- 6.811%
- Break-even
- 278.2 days
Slippage from BloFin: live order book, 22 min ago; KuCoin: live order book, 1 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, 22 min ago | 5.34 bp | 13.3 bp −$13 | 26.9 bp −$269 | 105.6 bp −$10.6K | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 26.85 bp | 291.7 bp −$292 | doesn't fit | 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 | −0.0294% | 8h | 27.995 | −0.018% | $2.0M | $990K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.960 | −0.143% | $50K | $100K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.933 | −0.238% | $38K | $620K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.940 | −0.214% | $22.4M | $53.9M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.942 | −0.207% | $3.3M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.970 | −0.107% | $3.6M | $4.8M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.970 | −0.107% | $4.2M | $9.5M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.991 | −0.033% | $312K | $492K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.000 | −0.001% | $6K | $179K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.949 | −0.182% | $1K | $946K | 10x | as long as short |
Bitget BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
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 | 27.947 | −0.189% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.940 | −0.214% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0002% | 1h | 27.980 | −0.071% | $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 | 27.939 | −0.218% | $351K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.950 | −0.179% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.010 | +0.036% | $36K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTMshort | +0.0100% | 8h | 27.950 | −0.179% | $683K | $802K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.980 | −0.071% | $25K | $45K | 50x | as long as short |
| tradeXYZ xyz:BMNR | +0.0186% | 1h | 27.953 | −0.168% | $943K | $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
ApeX Omni BMNRUSDT
tradeXYZ xyz:BMNR