Funding you earn now, next payment 03:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h −0.024%
Price spread now: QFEX against KuCoin+0.108%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$755as in the Price arb table
costs, in and out, $10k−$7617.614% of the position
Funding, last 4 days (all we have)−0.045%−$5 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.108%, 7d avg +0.045%
=The price spread pays, funding is against you. QFEX is 0.063% dearer against KuCoin than usual: you sell high and buy low (spread +0.108% now, against its 7-day average of +0.045%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 4 days (−0.045% in total) that is about 4.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BMNRUSDTM | 27.810 | 0.0100 | pay 0.0100% / 8h | 5h 27m | $680K | $801K | 20x |
| Short | QFEX BMNR-USD | 27.840 | 0.0012 | get 0.0002% / 1h | 27m 41s | $1.2M | $1.2M | 10x |
KuCoin BMNRUSDTM
QFEX BMNR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$18.43
- Price spread: +0.108% → +0.045%
- $6.27
- Slippage, 4 orders
- −$739.39
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$773.55
- Costs to cover
- 7.614%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; QFEX: 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 KuCoin live order book, 7 min ago | 23.35 bp | 366.4 bp −$366 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 3.58 bp | 12.1 bp −$12 | 13.9 bp −$139 | 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 | −0.0758% | 8h | 27.850 | +0.144% | $1.9M | $937K | 20x | as long as short |
| BloFin BMNR-USDT | −0.0011% | 8h | 27.860 | +0.180% | $210K | $61K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.832 | +0.079% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.829 | +0.070% | $53K | $632K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.838 | +0.102% | $22.1M | $52.8M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.824 | +0.050% | $3.3M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.840 | +0.108% | $3.6M | $4.3M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.840 | +0.108% | $4.2M | $9.6M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.899 | +0.321% | $318K | $497K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.896 | +0.311% | $5K | $176K | 10x | as long as short |
Bitget BMNRUSDT
BloFin BMNR-USDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
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 | 27.823 | +0.047% | $1K | $891K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.852 | +0.151% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.830 | +0.072% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USDshort | +0.0012% | 1h | 27.840 | +0.108% | $1.2M | $1.2M | 10x | |
| Lighter BMNR | +0.0032% | 1h | 27.848 | +0.137% | $350K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.810 | 0.000% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.839 | +0.104% | $926K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.880 | +0.252% | $36K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTMlong | +0.0100% | 8h | 27.810 | long leg | $680K | $801K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.890 | +0.288% | $24K | $29K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
Lighter BMNR
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
ApeX Omni BMNRUSDT