Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.020%
Price spread now: KuCoin against Binance−0.145%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$676as in the Funding arb table
Net, price: spread back to 7d avg − costs−$663as in the Price arb table
costs, in and out, $10k−$6526.520% of the position
Funding, last 7 days−0.239%−$24 on $10k
+Price spread, last 4 days (all we have)−0.246%−$25 · spread now −0.145%, 7d avg −0.035%
=Funding pays, the price is against you. KuCoin is 0.109% cheaper against Binance than usual: you would sell low and buy high (spread −0.145% now, against its 7-day average of −0.035%). If the spread goes back, that is −$11 on $10k: about 3.6 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.239%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BMNRUSDT | 27.680 | 0 | get 0.0000% / 8h | 2h 07m | $21.7M | $53.0M | 25x |
| Short | KuCoin BMNRUSDTM | 27.640 | 0.0100 | get 0.0100% / 8h | 2h 07m | $675K | $737K | 20x |
Binance BMNRUSDT
KuCoin BMNRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.145% → −0.035%
- −$10.91
- Slippage, 4 orders
- −$629.95
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$641.86
- Costs to cover
- 6.520%
- Break-even
- 221.0 days
Slippage from Binance: live order book, 5 min ago; KuCoin: live order book, 12 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, 5 min ago | 1.81 bp | 10.4 bp −$10 | 23.5 bp −$235 | 89.6 bp −$8,960 | doesn't fit |
| Sell KuCoin live order book, 12 min ago | 20.02 bp | 330.4 bp −$330 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BMNRUSDT | −0.0872% | 8h | 27.690 | +0.036% | $1.8M | $1.3M | 20x | as long as short |
| BloFin BMNR-USDT | −0.0018% | 8h | 27.700 | +0.072% | $205K | $52K | 20x | as long as short |
| Vest BMNR-USD-PERP | −0.0010% | 1h | 27.610 | −0.253% | — | $36K | 25x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.685 | +0.016% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.672 | −0.029% | $57K | $498K | 10x | as long as short |
| Binance BMNRUSDTlong | 0.0000% | 8h | 27.680 | long leg | $21.7M | $53.0M | 25x | |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.663 | −0.061% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.680 | 0.000% | $3.5M | $4.2M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.680 | 0.000% | $4.1M | $9.0M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.650 | −0.108% | $214K | $596K | — | as long as short |
Bitget BMNRUSDT
BloFin BMNR-USDT
Vest BMNR-USD-PERP
Aster BMNRUSDT
Extended BMNR-USD
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNRShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.640 | −0.144% | $5K | $190K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.691 | +0.040% | $1K | $867K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.692 | +0.043% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.670 | −0.036% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0013% | 1h | 27.660 | −0.072% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.682 | +0.007% | $346K | $56K | 10x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.645 | −0.126% | $909K | $1.4M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.610 | −0.253% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTMshort | +0.0100% | 8h | 27.640 | −0.145% | $675K | $737K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.650 | −0.108% | $24K | $29K | 50x | as long as short |
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
Lighter BMNR
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
ApeX Omni BMNRUSDT