BMNR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h −0.011%

Price spread now: Phemex against BloFin−0.036%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$172as in the Funding arb table

Net, price: spread back to 7d avg − costs−$135as in the Price arb table

costs, in and out, $10k−$1331.329% of the position

Long on BloFin Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.395%−$39 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.036%, 7d avg −0.018%

Together, before fees−0.436%−$44 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.395%, 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	27.860	−0.0011	get 0.0011% / 8h	5h 28m	$210K	$61K	20x
Short	Phemex BMNRUSDT	27.850	0	get 0.0000% / 8h	5h 28m	$1.6M	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee PhemexbpOrdersPrice spread, now −0.036%Rate

Funding earned: $2.31
Price spread: −0.036% → −0.018%: −$1.77
Slippage, 4 orders: −$108.86
Fee BloFin: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$132.32
Costs to cover: 1.329%
Break-even: 408.6 days

Slippage from BloFin: live order book, 9 min ago; Phemex: live order book, 4 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, 9 min ago	5.39 bp	13.3 bp −$13	20.7 bp −$207	71.6 bp −$7,155	doesn't fit
Sell Phemex live order book, 4 min ago	5.38 bp	68.9 bp −$69	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	−0.0760%	8h	27.866	+0.022%	$1.9M	$937K	20x	as long as short
BloFin BMNR-USDTlong	−0.0011%	8h	27.860	long leg	$210K	$61K	20x
Aster BMNRUSDT	0.0000%	8h	27.839	−0.075%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.832	−0.101%	$53K	$632K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.839	−0.077%	$22.1M	$52.8M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.833	−0.097%	$3.3M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.850	−0.036%	$3.6M	$4.3M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.850	−0.036%	$4.2M	$9.6M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.899	+0.141%	$318K	$497K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.896	+0.130%	$5K	$176K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX BMNR-USDT	0.0000%	8h	27.869	+0.032%	$1K	$891K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.930	+0.251%	$6K	$40K	20x	as long as short
Phemex BMNRUSDTshort	0.0000%	8h	27.850	−0.036%	$1.6M	$1.5M	10x
QFEX BMNR-USD	+0.0012%	1h	27.880	+0.072%	$1.2M	$1.2M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.865	+0.018%	$350K	$53K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.860	0.000%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.833	−0.097%	$926K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.880	+0.072%	$36K	$16K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.820	−0.144%	$679K	$801K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.890	+0.108%	$24K	$29K	50x	as long as short