Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.7% APRnext payment −$0.24 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance−0.035%81s7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as 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−$440.443% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 2 days (all we have)+0.352%+$35 · spread now −0.035%, 7d avg +0.056%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.091% cheaper against Binance than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.056%). Swap the legs. The two prices were read 81 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 | Binance BMNRUSDT | 28.450 | 0 | get 0.0000% / 8h | 13m 46s | $22.5M | $55.4M | 25x |
| Short | BloFin BMNR-USDT | 28.440 | −0.0024 | pay 0.0024% / 8h | 13m 46s | $213K | $58K | 20x |
Binance BMNRUSDT
BloFin BMNR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$5.13
- Price spread: −0.035% → +0.056%
- −$9.12
- Slippage, 4 orders
- −$22.27
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$58.52
- Costs to cover
- 0.443%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 56 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 Binance live order book, 13 min ago | 3.52 bp | 10.2 bp −$10 | 24.0 bp −$240 | 105.2 bp −$10.5K | doesn't fit |
| Sell BloFin live order book, 56 min ago | 3.54 bp | 9.5 bp −$10 | 17.1 bp −$171 | 58.7 bp −$5,869 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BMNR-USDTshort | −0.0024% | 8h | 28.440 | −0.035% | $213K | $58K | 20x | |
| Aster BMNRUSDT | 0.0000% | 8h | 28.476 | +0.091% | $54K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.446 | −0.012% | $40K | $462K | 10x | as long as short |
| Binance BMNRUSDTlong | 0.0000% | 8h | 28.450 | long leg | $22.5M | $55.4M | 25x | |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.458 | +0.028% | $3.4M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.480 | +0.105% | $3.7M | $6.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.460 | +0.035% | $3.9M | $10.4M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.469 | +0.067% | $2.0M | $1.1M | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.451 | +0.003% | $317K | $493K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.431 | −0.065% | $5K | $188K | 10x | as long as short |
Aster BMNRUSDT
Extended BMNR-USD
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
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 | 28.465 | +0.053% | $993 | $1.0M | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 28.472 | +0.077% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.440 | −0.035% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0004% | 1h | 28.450 | 0.000% | $1.2M | $1.8M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 28.444 | −0.021% | $336K | $25K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.490 | +0.141% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 28.440 | −0.035% | $967K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.470 | +0.070% | $37K | $26K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.450 | 0.000% | $704K | $773K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.420 | −0.105% | $25K | $82K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
Lighter BMNR
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT