Funding you earn now, next payment 08:00 UTC+0.0607%/8h= +66.5% APRnext payment +$6.07 per $10,000 · paid last 24h +0.049%
Price spread now: OKX against Bitget−0.025%7-day average +0.012% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.309%+$31 on $10k
+Price spread, last 7 days+0.081%+$8 · spread now −0.025%, 7d avg +0.012%
=Funding pays, the price is against you. OKX is 0.037% cheaper against Bitget than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.012%). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.309% in total) that is about 20 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.309% in total (about 16.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BMNRUSDT | 27.827 | −0.0607 | get 0.0607% / 8h | 3h 43m | $1.9M | $921K | 20x |
| Short | OKX BMNR-USDT-SWAP | 27.820 | 0 | get 0.0000% / 8h | 3h 43m | $3.5M | $4.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $127.47
- Price spread: −0.025% → +0.012%
- −$3.71
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $101.76
- Costs to cover
- 0.220%
- Break-even
- 1.4 days
Slippage unknown: Bitget: live order book, 3 min ago; OKX: live order book, 4 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 Bitget live order book, 3 min ago | 2.69 bp | 15.5 bp −$16 | 26.8 bp −$268 | 243.4 bp −$24.3K | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.80 bp | 22.9 bp −$23 | 123.5 bp −$1,235 | 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 BMNRUSDTlong | −0.0607% | 8h | 27.827 | long leg | $1.9M | $921K | 20x | |
| BloFin BMNR-USDT | 0.0000% | 8h | 27.830 | +0.011% | $209K | $52K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.818 | −0.031% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.814 | −0.046% | $52K | $619K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.825 | −0.008% | $22.0M | $52.2M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.814 | −0.047% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAPshort | 0.0000% | 8h | 27.820 | −0.025% | $3.5M | $4.2M | 20x | |
| Gate BMNR_USDT | 0.0000% | 8h | 27.810 | −0.061% | $4.2M | $9.0M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.820 | −0.025% | $324K | $504K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.799 | −0.102% | $5K | $185K | 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 | 27.818 | −0.032% | $1K | $871K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.809 | −0.065% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.810 | −0.061% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0012% | 1h | 27.800 | −0.097% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.834 | +0.025% | $350K | $52K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.770 | −0.205% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.822 | −0.018% | $917K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.830 | +0.011% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.810 | −0.061% | $679K | $765K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.820 | −0.025% | $24K | $29K | 50x | as long as short |
Bitget BMNRUSDT
OKX BMNR-USDT-SWAP
BloFin BMNR-USDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
Gate BMNR_USDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
Lighter BMNR
tradeXYZ xyz:BMNR
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT