BMNR

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	QFEXBMNR-USD	26.540	+0.0029	pay 0.0004% / 1h	41m 37s	$1.1M	$498K	10x	Long QFEX
SHORT	BingXNCSKBMNR2USD-USDT	26.580	+0.0776	get 0.0776% / 8h	6h 41m	$901K	$1.2M	—	Short BingX

Price gap+0.151%

Funding gap+0.0747% /8h

Both sides work: funding pays +$22 a day on $10k, and the gap is 0.105% 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 forecast

Funding+$39+0.0747% /8h now · paid +0.391% over the last 7D

Price+$10spread +0.151% now, avg +0.046% → +0.105% if it goes back

Costs−$480.477% of $10k · taker + slippage, in and out

Result+$2+0.02%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.391% in total, about +0.0186%/8h on average.

Price and funding

1h · history

Entry / 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+0.151%

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

/8h

BMNR on 21 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size15.6 / 9.5 bp
At $10k entering QFEX costs 15.6 bp, fee and slippage, 1.6× BingX’s.
Note: Margin at max leverage$1,000 + —
QFEX 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$22.42Long QFEX: 24 payments, −$0.86; short BingX: 3 payments, +$23.28.
OK: Entry gap works for you+0.151% vs +0.046%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$901K vs $1.1M OI
BingX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCQFEX No · BingX Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0186%/8h × 21 periods+$39.09

Price spread+0.151% → +0.046% (7d avg)+$10.47

Slippage, 4 orderslive order books−$17.67

Fee QFEX bp × 2 orders−$20.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k+$1.89

Costs to cover0.477%Break-even6.7 days

Slippage: QFEX: live order book, 1 min ago; BingX: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGQFEX1.8815.6 bp−$1619.4 bp−$194doesn’t fitdoesn’t fit

SELL · SHORTBingX1.889.5 bp−$1016.9 bp−$16978.4 bp−$7,845447.2 bp−$223.6K

Closing costs about the same again.