BMNR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Bybit+0.021%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$702as in the Funding arb table

Net, price: spread back to 7d avg − costs−$699as in the Price arb table

costs, in and out, $10k−$7057.047% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.021%, 7d avg −0.034%

Together, before fees−0.036%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.056% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BMNRUSDT	27.954	0	get 0.0000% / 8h	6h 15m	$3.3M	$1.9M	25x
Short	KuCoin BMNRUSDTM	27.960	0.0100	get 0.0100% / 8h	6h 15m	$683K	$809K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.021%Rate

Funding earned: $21
Price spread: +0.021% → −0.034%: $5.57
Slippage, 4 orders: −$681.65
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$678.08
Costs to cover: 7.047%
Break-even: 233.0 days

Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 24 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 Bybit live order book, 2 min ago	3.58 bp	33.7 bp −$34	141.3 bp −$1,413	doesn't fit	doesn't fit
Sell KuCoin live order book, 24 min ago	26.85 bp	291.7 bp −$292	doesn't fit	doesn't fit	doesn't fit

BMNR on 19 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	−0.0451%	8h	27.994	+0.143%	$2.0M	$967K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.960	+0.021%	$50K	$100K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.947	−0.026%	$54K	$635K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.958	+0.015%	$22.2M	$53.7M	25x	as long as short
Bybit BMNRUSDTlong	0.0000%	8h	27.954	long leg	$3.3M	$1.9M	25x
OKX BMNR-USDT-SWAP	0.0000%	8h	27.970	+0.057%	$3.6M	$4.4M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.980	+0.093%	$4.2M	$9.7M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.970	+0.057%	$312K	$491K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.970	+0.057%	$6K	$179K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.965	+0.039%	$973	$931K	10x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	27.918	−0.129%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.970	+0.057%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0002%	1h	27.950	−0.014%	$1.2M	$1.3M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.975	+0.075%	$352K	$53K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.950	−0.014%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.950	−0.014%	$36K	$16K	5x	as long as short
KuCoin BMNRUSDTMshort	+0.0100%	8h	27.960	+0.021%	$683K	$809K	20x
ApeX Omni BMNRUSDT	+0.0100%	1h	27.950	−0.014%	$24K	$39K	50x	as long as short
tradeXYZ xyz:BMNR	+0.0283%	1h	27.962	+0.029%	$943K	$1.5M	10x	as long as short