Funding you earn now, next payment 02:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.017%
Price spread now: Phemex against Vest+0.072%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Phemex is 0.072% dearer against Vest than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BMNR-USD-PERP | 27.950 | 0.0046 | pay 0.0006% / 1h | 15m 15s | — | $36K | 25x |
| Short | Phemex BMNRUSDT | 27.970 | 0 | get 0.0000% / 8h | 6h 15m | $1.6M | $1.5M | 10x |
Vest BMNR-USD-PERP
Phemex BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Vest. 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
- −$9.59
- Price spread: +0.072% → 0.000%
- $7.16
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$16.44
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Phemex: live order book, 3 min ago. Net counts fees only.
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 Vest no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 3 min ago | 5.36 bp | 64.2 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BMNR on 19 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 | −0.0451% | 8h | 27.994 | +0.157% | $2.0M | $967K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.960 | +0.036% | $50K | $100K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.947 | −0.012% | $54K | $635K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.955 | +0.018% | $22.2M | $53.7M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.953 | +0.011% | $3.3M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.970 | +0.072% | $3.6M | $4.4M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.980 | +0.107% | $4.2M | $9.7M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.970 | +0.071% | $312K | $491K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.970 | +0.072% | $6K | $179K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.965 | +0.054% | $973 | $931K | 10x | as long as short |
Bitget BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BMNR-USDT | 0.0000% | 8h | 27.918 | −0.114% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDTshort | 0.0000% | 8h | 27.970 | +0.072% | $1.6M | $1.5M | 10x | |
| QFEX BMNR-USD | +0.0002% | 1h | 27.950 | 0.000% | $1.2M | $1.3M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.957 | +0.025% | $352K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERPlong | +0.0046% | 1h | 27.950 | long leg | — | $36K | 25x | |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.950 | 0.000% | $36K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.950 | 0.000% | $683K | $809K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.950 | 0.000% | $24K | $39K | 50x | as long as short |
| tradeXYZ xyz:BMNR | +0.0285% | 1h | 27.953 | +0.011% | $942K | $1.5M | 10x | as long as short |
HTX BMNR-USDT
QFEX BMNR-USD
Lighter BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT
tradeXYZ xyz:BMNR