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 Gate−0.036%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$757as in the Funding arb table
Net, price: spread back to 7d avg − costs−$773as in the Price arb table
costs, in and out, $10k−$7737.726% of the position
Funding, last 7 days+0.158%+$16 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.036%, 7d avg −0.031%
=The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BMNR_USDT | 27.860 | 0 | get 0.0000% / 8h | 5h 04m | $4.2M | $9.6M | 50x |
| Short | KuCoin BMNRUSDTM | 27.850 | 0.0100 | get 0.0100% / 8h | 5h 04m | $681K | $789K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $21
- Price spread: −0.036% → −0.031%
- −$0.47
- Slippage, 4 orders
- −$745.57
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$752.04
- Costs to cover
- 7.726%
- Break-even
- 257.7 days
Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 30 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 Gate live order book, 4 min ago | 3.58 bp | 13.8 bp −$14 | 61.3 bp −$613 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 30 min ago | 23.35 bp | 374.3 bp −$374 | 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 | −0.0690% | 8h | 27.870 | +0.036% | $1.9M | $936K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.848 | −0.042% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.853 | −0.026% | $52K | $632K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.858 | −0.008% | $22.1M | $52.8M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.843 | −0.061% | $3.3M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.870 | +0.036% | $3.5M | $4.3M | 20x | as long as short |
| Gate BMNR_USDTlong | 0.0000% | 8h | 27.860 | long leg | $4.2M | $9.6M | 50x | |
| Variational Omni BMNR | 0.0000% | 8h | 27.840 | −0.073% | $325K | $504K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.920 | +0.215% | $5K | $178K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.836 | −0.086% | $1K | $889K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BMNR-USDT | 0.0000% | 8h | 27.861 | +0.004% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.850 | −0.036% | $1.6M | $1.5M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0001% | 8h | 27.860 | 0.000% | $167K | $58K | 20x | as long as short |
| QFEX BMNR-USD | +0.0012% | 1h | 27.840 | −0.072% | $1.2M | $1.2M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.854 | −0.022% | $350K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.820 | −0.144% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.842 | −0.065% | $919K | $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 BMNRUSDTMshort | +0.0100% | 8h | 27.850 | −0.036% | $681K | $789K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.880 | +0.072% | $24K | $29K | 50x | as long as short |
Gate BMNR_USDT
KuCoin BMNRUSDTM
Bitget BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
BloFin BMNR-USDT
Lighter BMNR
tradeXYZ xyz:BMNR
ApeX Omni BMNRUSDT