Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.011%
Price spread now: BloFin against Phemex+0.109%59s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1141.141% of the position
Funding, last 7 days+0.395%+$39 on $10k
+Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.109%, 7d avg +0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.091% dearer against Phemex than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.018%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BMNRUSDT | 27.550 | 0 | get 0.0000% / 8h | 1h 54m | $1.6M | $1.5M | 10x |
| Short | BloFin BMNR-USDT | 27.580 | 0.0001 | get 0.0001% / 8h | 1h 54m | $206K | $52K | 20x |
Phemex BMNRUSDT
BloFin BMNR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $0.19
- Price spread: +0.109% → +0.018%
- $9.07
- Slippage, 4 orders
- −$90.07
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$104.82
- Costs to cover
- 1.141%
- Break-even
- 3908.9 days
Slippage from Phemex: live order book, 4 min ago; BloFin: live order book, 22 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, 4 min ago | 5.43 bp | 42.2 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 22 min ago | 3.63 bp | 11.0 bp −$11 | 22.0 bp −$220 | 67.7 bp −$6,773 | 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 | −0.0777% | 8h | 27.575 | +0.091% | $1.8M | $1.3M | 20x | as long as short |
| Vest BMNR-USD-PERP | −0.0004% | 1h | 27.510 | −0.145% | — | $36K | 25x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.545 | −0.018% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.527 | −0.082% | $57K | $498K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.540 | −0.036% | $21.6M | $53.0M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.546 | −0.015% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.550 | 0.000% | $3.5M | $4.2M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.550 | 0.000% | $4.1M | $8.6M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.580 | +0.110% | $224K | $607K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.616 | +0.241% | $6K | $190K | 10x | as long as short |
Bitget BMNRUSDT
Vest BMNR-USD-PERP
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 | 27.634 | +0.305% | $1K | $864K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.550 | 0.000% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDTlong | 0.0000% | 8h | 27.550 | long leg | $1.6M | $1.5M | 10x | |
| BloFin BMNR-USDTshort | +0.0001% | 8h | 27.580 | +0.109% | $206K | $52K | 20x | |
| QFEX BMNR-USD | +0.0019% | 1h | 27.530 | −0.073% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.557 | +0.025% | $344K | $52K | 10x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.532 | −0.065% | $905K | $1.4M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.620 | +0.254% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.550 | 0.000% | $674K | $731K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.590 | +0.145% | $24K | $29K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
QFEX BMNR-USD
Lighter BMNR
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT