Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against Phemex−0.086%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1201.203% of the position
Funding, last 7 days+0.398%+$40 on $10k
+Price spread, last 4 days (all we have)+0.356%+$36 · spread now −0.086%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.071% cheaper against Phemex than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BMNRUSDT | 27.520 | 0 | get 0.0000% / 8h | 7h 31m | $1.6M | $1.4M | 10x |
| Short | Binance BMNRUSDT | 27.496 | 0 | get 0.0000% / 8h | 7h 31m | $21.4M | $50.1M | 25x |
Phemex BMNRUSDT
Binance BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phemex. 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
- $0
- Price spread: −0.086% → −0.015%
- −$7.12
- Slippage, 4 orders
- −$98.31
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$127.44
- Costs to cover
- 1.203%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 1 min ago; Binance: live order book, 10 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 Phemex live order book, 1 min ago | 3.63 bp | 60.0 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.82 bp | 7.7 bp −$8 | 27.7 bp −$277 | 158.0 bp −$15.8K | 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 | −0.0264% | 8h | 27.508 | −0.044% | $1.8M | $1.3M | 20x | as long as short |
| tradeXYZ xyz:BMNR | −0.0062% | 1h | 27.499 | −0.076% | $761K | $1.5M | 10x | as long as short |
| BloFin BMNR-USDT | −0.0018% | 8h | 27.580 | +0.218% | $209K | $62K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.513 | −0.026% | $47K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.488 | −0.117% | $59K | $360K | 10x | as long as short |
| Binance BMNRUSDTshort | 0.0000% | 8h | 27.496 | −0.086% | $21.4M | $50.1M | 25x | |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.481 | −0.142% | $3.2M | $1.8M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.510 | −0.036% | $3.5M | $3.8M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.520 | 0.000% | $4.1M | $8.0M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.600 | +0.292% | $213K | $607K | — | as long as short |
Bitget BMNRUSDT
tradeXYZ xyz:BMNR
BloFin BMNR-USDT
Aster BMNRUSDT
Extended BMNR-USD
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNRShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.570 | +0.180% | $5K | $178K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.534 | +0.051% | $1K | $782K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.568 | +0.174% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDTlong | 0.0000% | 8h | 27.520 | long leg | $1.6M | $1.4M | 10x | |
| QFEX BMNR-USD | +0.0010% | 1h | 27.550 | +0.109% | $1.2M | $994K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0015% | 1h | 27.540 | +0.073% | — | $36K | 25x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.510 | −0.036% | $343K | $53K | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.540 | +0.073% | $36K | $11K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.500 | −0.073% | $670K | $714K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.580 | +0.218% | $24K | $23K | 50x | as long as short |
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
QFEX BMNR-USD
Vest BMNR-USD-PERP
Lighter BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT