Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Phemex against Binance+0.010%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1191.195% of the position
Funding, last 7 days−0.398%−$40 on $10k
+Price spread, last 2 days (all we have)+0.015%+$2 · spread now +0.010%, 7d avg +0.008%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BMNRUSDT | 28.387 | 0 | get 0.0000% / 8h | 7h 23m | $22.4M | $54.0M | 25x |
| Short | Phemex BMNRUSDT | 28.390 | 0 | get 0.0000% / 8h | 7h 23m | $1.6M | $1.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.010% → +0.008%
- $0.25
- Slippage, 4 orders
- −$97.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$119.21
- Costs to cover
- 1.195%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Phemex: live order book, 5 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, 4 min ago | 1.76 bp | 10.3 bp −$10 | 24.0 bp −$240 | 105.5 bp −$10.6K | doesn't fit |
| Sell Phemex live order book, 5 min ago | 7.05 bp | 45.8 bp −$46 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BMNR-USD | −0.0001% | 1h | 28.380 | −0.025% | $1.2M | $1.6M | 10x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 28.409 | +0.077% | $54K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.394 | +0.023% | $41K | $594K | 10x | as long as short |
| Binance BMNRUSDTlong | 0.0000% | 8h | 28.387 | long leg | $22.4M | $54.0M | 25x | |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.412 | +0.088% | $3.4M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.410 | +0.081% | $3.6M | $6.0M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.410 | +0.081% | $4.3M | $10.0M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.420 | +0.116% | $2.0M | $1.0M | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.410 | +0.082% | $317K | $493K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.399 | +0.043% | $6K | $182K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BMNR-USDT | 0.0000% | 8h | 28.424 | +0.130% | $929 | $968K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 28.417 | +0.105% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDTshort | 0.0000% | 8h | 28.390 | +0.010% | $1.6M | $1.5M | 10x | |
| BloFin BMNR-USDT | +0.0009% | 8h | 28.400 | +0.045% | $213K | $58K | 20x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 28.407 | +0.070% | $336K | $25K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.430 | +0.151% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.400 | +0.045% | $37K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.380 | −0.025% | $700K | $768K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.420 | +0.116% | $25K | $46K | 50x | as long as short |
| tradeXYZ xyz:BMNR | +0.0360% | 1h | 28.396 | +0.031% | $965K | $1.5M | 10x | as long as short |
Binance BMNRUSDT
Phemex BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
BloFin BMNR-USDT
Lighter BMNR
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT
tradeXYZ xyz:BMNR