BMNR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.17 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against BloFin−0.179%811s7-day average −0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as 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−$410.409% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%$0 on $10k

Price spread, last 2 days (all we have)−0.030%−$3 · spread now −0.179%, 7d avg −0.057%

Together, before fees−0.026%−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.121% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.057%). Swap the legs. The two prices were read 811 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	BloFin BMNR-USDT	28.000	0.0017	pay 0.0017% / 8h	6h 35m	$213K	$62K	20x
Short	Binance BMNRUSDT	27.950	0	get 0.0000% / 8h	6h 35m	$22.4M	$54.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now −0.179%Rate

Funding earned: −$3.54
Price spread: −0.179% → −0.057%: −$12.12
Slippage, 4 orders: −$18.92
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$56.58
Costs to cover: 0.409%
Break-even: never at this rate

Slippage from BloFin: live order book, 24 min ago; Binance: live order book, 6 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 BloFin live order book, 24 min ago	5.34 bp	13.3 bp −$13	26.9 bp −$269	105.6 bp −$10.6K	doesn't fit
Sell Binance live order book, 6 min ago	1.78 bp	8.9 bp −$9	20.4 bp −$204	51.0 bp −$5,101	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	−0.0329%	8h	27.964	−0.129%	$2.0M	$992K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.960	−0.143%	$50K	$100K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.943	−0.205%	$38K	$617K	10x	as long as short
Binance BMNRUSDTshort	0.0000%	8h	27.950	−0.179%	$22.4M	$54.0M	25x
Bybit BMNRUSDT	0.0000%	8h	27.946	−0.193%	$3.3M	$1.9M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.960	−0.143%	$3.6M	$4.8M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.960	−0.143%	$4.2M	$9.6M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.951	−0.176%	$312K	$491K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.980	−0.071%	$6K	$179K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.964	−0.129%	$1K	$944K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	27.947	−0.189%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.950	−0.179%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0002%	1h	27.950	−0.179%	$1.2M	$1.4M	10x	as long as short
BloFin BMNR-USDTlong	+0.0017%	8h	28.000	long leg	$213K	$62K	20x
Lighter BMNR	+0.0032%	1h	27.935	−0.232%	$351K	$53K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.940	−0.214%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.920	−0.286%	$36K	$18K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.930	−0.250%	$683K	$803K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.960	−0.143%	$24K	$45K	50x	as long as short
tradeXYZ xyz:BMNR	+0.0219%	1h	27.930	−0.250%	$942K	$1.5M	10x	as long as short