Funding you earn now, next payment 00:00 UTC−0.0130%/8h= −14.2% APRnext payment −$1.30 per $10,000 · paid last 24h +0.044%
Price spread now: BloFin against KuCoin−0.035%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$665as in the Funding arb table
Net, price: spread back to 7d avg − costs−$698as in the Price arb table
costs, in and out, $10k−$6896.887% of the position
Funding, last 7 days+0.234%+$23 on $10k
+Price spread, last 3 days (all we have)−0.090%−$9 · spread now −0.035%, 7d avg +0.053%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.089% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.053%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.234%, 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 | 28.470 | 0.0100 | pay 0.0100% / 8h | 38m 26s | $705K | $777K | 20x |
| Short | BloFin BMNR-USDT | 28.460 | −0.0030 | pay 0.0030% / 8h | 38m 26s | $213K | $58K | 20x |
KuCoin BMNRUSDTM
BloFin BMNR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$27.28
- Price spread: −0.035% → +0.053%
- −$8.86
- Slippage, 4 orders
- −$664.67
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$724.81
- Costs to cover
- 6.887%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 26 min ago; BloFin: live order book, 32 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, 26 min ago | 22.96 bp | 394.0 bp −$394 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 32 min ago | 3.54 bp | 9.5 bp −$10 | 17.1 bp −$171 | 58.7 bp −$5,869 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BMNR-USDTshort | −0.0030% | 8h | 28.460 | −0.035% | $213K | $58K | 20x | |
| Aster BMNRUSDT | 0.0000% | 8h | 28.491 | +0.075% | $54K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.465 | −0.017% | $40K | $462K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.480 | +0.035% | $22.6M | $55.3M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.486 | +0.056% | $3.4M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.480 | +0.035% | $3.6M | $6.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.470 | 0.000% | $3.8M | $10.2M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.489 | +0.067% | $2.0M | $1.1M | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.491 | +0.075% | $318K | $493K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.480 | +0.035% | $5K | $190K | 10x | as long as short |
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
Variational Omni BMNR
GRVT BMNR_USDT_PerpShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BMNR-USDT | 0.0000% | 8h | 28.457 | −0.046% | $1K | $1.0M | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 28.457 | −0.046% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.470 | 0.000% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0004% | 1h | 28.480 | +0.035% | $1.2M | $1.8M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 28.476 | +0.021% | $337K | $25K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.530 | +0.211% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 28.490 | +0.070% | $954K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.440 | −0.105% | $37K | $26K | 5x | as long as short |
| KuCoin BMNRUSDTMlong | +0.0100% | 8h | 28.470 | long leg | $705K | $777K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.480 | +0.035% | $25K | $82K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
Lighter BMNR
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
ApeX Omni BMNRUSDT