Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 19.396 | +0.0080 | pay 0.0010% / 1h | 7m 33s | $2.8M | $805K | 10x | Long tradeXYZ | |
| SHORT | 19.415 | 0 | 0.0000% / 8h | 7m 33s | $1.5M | $2.0M | 10x | Short Phemex |
Price gap+0.101%
Funding gap−0.0080% /8h
Funding costs $2 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$40−0.0080% /8h now · paid −0.404% over the last 7D
Price+$1spread +0.101% now, avg +0.091% → +0.009% if it goes back
Costs−$970.971% 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+0.101%
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
1 ok · 3 to watch- Watch: Thin at this size14.4 / 36.1 bpAt $10k entering Phemex costs 36.1 bp, fee and slippage, 2.5× tradeXYZ’s.
- Note: Margin at max leverage$1,000 + $1,000tradeXYZ 10x, Phemex 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$2.40Long tradeXYZ: 24 payments, −$2.40; short Phemex: 3 payments, $0.00.
- Note: Gap at its usual level+0.101% vs +0.091%The price leg adds little either way.
- Note: Short 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: KYCtradeXYZ No · Phemex YesKYC 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+0.101% → +0.091% (7d avg)+$0.95
Slippage, 4 orderslive order books−$67.12
Fee tradeXYZ bp × 2 orders−$18.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k−$136.56
Costs to cover0.971%Break-evennever at this rate
Slippage: tradeXYZ: live order book, 1 min ago; Phemex: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ3.0914.4 bp−$1445.3 bp−$453doesn’t fitdoesn’t fit
SELL · SHORTPhemex10.2836.1 bp−$36doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
BMNR news
posts that mention BMNR or BitMine Immersion Technologies, from every exchange| 11-09 15:13 | Deribit | Listing | 🚨 New launch date: BMNR, WDC, RKLB and AAOI USDC-settled Perpetuals wilil go live Thursday, November 12, 2026, at 12:00 PM UTC. @DeribitOfficial on X ↗ |
| 11-03 14:36 | Lighter RH | Listing | new market BMNR ($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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