Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.071%
Price spread now: KuCoin against Bitget−0.259%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$701as in the Funding arb table
Net, price: spread back to 7d avg − costs−$737as in the Price arb table
costs, in and out, $10k−$7187.179% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 4 days (all we have)+0.231%+$23 · spread now −0.259%, 7d avg −0.072%
=Funding pays, the price is against you. KuCoin is 0.187% cheaper against Bitget than usual: you would sell low and buy high (spread −0.259% now, against its 7-day average of −0.072%). If the spread goes back, that is −$19 on $10k: about 6.2 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BMNRUSDT | 28.143 | 0 | get 0.0000% / 8h | 4h 56m | $1.9M | $1.2M | 20x |
| Short | KuCoin BMNRUSDTM | 28.070 | 0.0100 | get 0.0100% / 8h | 4h 56m | $683K | $794K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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: −0.259% → −0.072%
- −$18.7
- Slippage, 4 orders
- −$693.93
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$715.63
- Costs to cover
- 7.179%
- Break-even
- 245.5 days
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 41 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 Bitget live order book, 4 min ago | 2.31 bp | 21.9 bp −$22 | 67.1 bp −$671 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 41 min ago | 14.26 bp | 330.8 bp −$331 | doesn't fit | doesn't fit | doesn't fit |
BMNR on 20 exchanges
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 | −0.0016% | 1h | 28.100 | −0.153% | $1.2M | $1.0M | 10x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 28.095 | −0.169% | $48K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.102 | −0.147% | $40K | $374K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.100 | −0.153% | $21.8M | $44.6M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.103 | −0.142% | $3.2M | $1.7M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.120 | −0.082% | $3.6M | $2.9M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.110 | −0.117% | $4.1M | $7.2M | 50x | as long as short |
| Bitget BMNRUSDTlong | 0.0000% | 8h | 28.143 | long leg | $1.9M | $1.2M | 20x | |
| Variational Omni BMNR | 0.0000% | 8h | 28.138 | −0.019% | $217K | $391K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.130 | −0.046% | $6K | $161K | 10x | as long as short |
Show all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BMNR-USDT | 0.0000% | 8h | 28.100 | −0.153% | $981 | $598K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 28.049 | −0.334% | $6K | $39K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.110 | −0.117% | $1.6M | $1.4M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0014% | 8h | 28.100 | −0.153% | $217K | $60K | 20x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 28.104 | −0.139% | $353K | $55K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.100 | −0.153% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.110 | −0.117% | $36K | $10K | 5x | as long as short |
| KuCoin BMNRUSDTMshort | +0.0100% | 8h | 28.070 | −0.259% | $683K | $794K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.090 | −0.188% | $25K | $23K | 50x | as long as short |
| tradeXYZ xyz:BMNR | +0.0220% | 1h | 28.103 | −0.142% | $1.0M | $1.5M | 10x | as long as short |
Bitget BMNRUSDT
KuCoin BMNRUSDTM
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-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
BloFin BMNR-USDT
Lighter BMNR
ApeX Omni BMNRUSDT
tradeXYZ xyz:BMNR