Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.020%
Price spread now: Binance against KuCoin+0.072%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$735as in the Funding arb table
Net, price: spread back to 7d avg − costs−$755as in the Price arb table
costs, in and out, $10k−$7597.591% of the position
Funding, last 7 days+0.239%+$24 on $10k
+Price spread, last 4 days (all we have)+0.707%+$71 · spread now +0.072%, 7d avg +0.034%
=The price spread pays, funding is against you. Binance is 0.038% dearer against KuCoin than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of +0.034%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 30 hours. Mind the row above: over the last 7 days funding on this pair paid +0.239%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BMNRUSDTM | 27.850 | 0.0100 | pay 0.0100% / 8h | 5h 29m | $681K | $802K | 20x |
| Short | Binance BMNRUSDT | 27.870 | 0 | get 0.0000% / 8h | 5h 29m | $22.1M | $52.8M | 25x |
KuCoin BMNRUSDTM
Binance BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: +0.072% → +0.034%
- $3.77
- Slippage, 4 orders
- −$737.12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$776.35
- Costs to cover
- 7.591%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 12 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 KuCoin live order book, 5 min ago | 23.35 bp | 366.4 bp −$366 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.80 bp | 9.5 bp −$9 | 25.7 bp −$257 | 106.3 bp −$10.6K | 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 | −0.0765% | 8h | 27.890 | +0.144% | $1.9M | $938K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.852 | +0.008% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.859 | +0.031% | $53K | $632K | 10x | as long as short |
| Binance BMNRUSDTshort | 0.0000% | 8h | 27.870 | +0.072% | $22.1M | $52.8M | 25x | |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.865 | +0.054% | $3.3M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.920 | +0.251% | $3.6M | $4.3M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.880 | +0.108% | $4.2M | $9.6M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.899 | +0.177% | $318K | $497K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.866 | +0.057% | $5K | $176K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.869 | +0.068% | $1K | $891K | 10x | as long as short |
Bitget BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
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 | 27.930 | +0.287% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.870 | +0.072% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0012% | 1h | 27.900 | +0.180% | $1.2M | $1.2M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0024% | 8h | 27.890 | +0.144% | $210K | $61K | 20x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.893 | +0.154% | $351K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.860 | +0.036% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.872 | +0.079% | $927K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.850 | 0.000% | $36K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTMlong | +0.0100% | 8h | 27.850 | long leg | $681K | $802K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.830 | −0.072% | $24K | $29K | 50x | as long as short |
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
BloFin BMNR-USDT
Lighter BMNR
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
ApeX Omni BMNRUSDT