Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 19.340 | 0 | 0.0000% / 8h | 16m 14s | $1.5M | $2.0M | 10x | Long Phemex | |
| SHORT | 19.342 | +0.0096 | get 0.0012% / 1h | 16m 14s | $2.8M | $788K | 10x | Short tradeXYZ |
Price gap+0.008%
Funding gap+0.0096% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.099% above its 7d average: +$10 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$40+0.0096% /8h now · paid +0.404% over the last 7D
Price+$10spread +0.008% now, avg −0.091% → +0.099% if it goes back
Costs−$960.965% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.008%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBMNR on 23 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size30.6 / 20.8 bpAt $10k entering Phemex costs 30.6 bp, fee and slippage, 1.5× tradeXYZ’s.
- Note: Margin at max leverage$1,000 + $1,000Phemex 10x, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$2.87Long Phemex: 3 payments, $0.00; short tradeXYZ: 24 payments, +$2.87.
- OK: Entry gap works for you+0.008% vs −0.091%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Long leg is thinner$1.5M vs $2.8M OIBoth legs are deep; Phemex is the smaller one.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCPhemex Yes · tradeXYZ NoKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0192%/8h × 21 periods+$40.39
Price spread+0.008% → −0.091% (7d avg)+$9.87
Slippage, 4 orderslive order books−$66.47
Fee Phemex bp × 2 orders−$12.00
Fee tradeXYZ bp × 2 orders−$18.00
Net · 7 days · $10k−$46.21
Costs to cover0.965%Break-even15.0 days
Slippage: Phemex: live order book, 2 min ago; tradeXYZ: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhemex5.1830.6 bp−$31doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTtradeXYZ2.5820.8 bp−$2146.8 bp−$468doesn’t fitdoesn’t fit
Closing costs about the same again.
BMNR news
posts that mention BMNR or BitMine Immersion Technologies, from every exchange| 11-09 15:13 | Deribit | Listing | 🚨 New launch date: BMNR, WDC, RKLB and AAOI USDC-settled Perpetuals wilil go live Thursday, November 12, 2026, at 12:00 PM UTC. @DeribitOfficial on X ↗ |
| 11-03 14:36 | Lighter RH | Listing | new market BMNR ($BMNR) seen by our collector |
| 11-03 13:08 | Deribit | Listing | 🚨 New Equity Perpetuals are coming to Deribit Launching Monday, November 9, 2026, at 10:00 AM UTC. 4 new USDC-settled perpetual contracts will be available on Deribit. BMNR • WDC • RKLB • AAOI Contract details: 🔹 Settlement: USDC 🔹 Contract details and specifications: @DeribitOfficial on X ↗ |
| 10-12 12:00 | KuCoin | Other | #KuCoin #Blog #BMNR @kucoincom on X ↗ |
| 10-12 12:00 | KuCoin | Other | Bitmine now holds about 6.02 million ETH, roughly 4.9% of Ethereum’s total supply, and has staked around 84% of it at a 2.63% annualized yield, per the company’s latest filing. A big treasury doesn’t make the stock cheap, though. Whether BMNR is undervalued depends on its premium to NAV, dilution, and whether its staking and AI-linked bets, like Eightco and Beast Industries, add real value per share. Undervalued, or already priced in? See how the numbers stack up on the KuCoin Blog 👇 @kucoincom on X ↗ |
| 10-12 07:19 | KuCoin | Other | #KuCoin #Blog #BMNR @kucoincom on X ↗ |


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