Funding you earn now, next payment 08:00 UTC−0.0663%/8h= −72.5% APRnext payment −$6.63 per $10,000 · paid last 24h −0.011%
Price spread now: Bitget against BloFin+0.199%85s7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as 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−$1311.307% of the position
Funding, last 7 days−0.398%−$40 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.199%, 7d avg +0.019%
=The price spread pays, funding is against you. Bitget is 0.179% dearer against BloFin than usual: you sell high and buy low (spread +0.199% now, against its 7-day average of +0.019%): +$18 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.398% in total) that is about 3.2 days. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.398% in total (about -20.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.63 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 | BloFin BMNR-USDT | 27.650 | 0.0000 | get 0.0000% / 8h | 3h 05m | $208K | $52K | 20x |
| Short | Bitget BMNRUSDT | 27.705 | −0.0663 | pay 0.0663% / 8h | 3h 05m | $1.9M | $921K | 20x |
BloFin BMNR-USDT
Bitget BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$139.13
- Price spread: +0.199% → +0.019%
- $17.95
- Slippage, 4 orders
- −$106.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$251.84
- Costs to cover
- 1.307%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 15 min ago; Bitget: live order book, 1 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, 15 min ago | 5.42 bp | 14.7 bp −$15 | 19.4 bp −$194 | 71.1 bp −$7,112 | doesn't fit |
| Sell Bitget live order book, 1 min ago | 1.80 bp | 75.8 bp −$76 | 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 BMNRUSDTshort | −0.0663% | 8h | 27.705 | +0.199% | $1.9M | $921K | 20x | |
| BloFin BMNR-USDTlong | 0.0000% | 8h | 27.650 | long leg | $208K | $52K | 20x | |
| Aster BMNRUSDT | 0.0000% | 8h | 27.665 | +0.053% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.643 | −0.026% | $57K | $455K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.650 | 0.000% | $21.8M | $52.3M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.653 | +0.011% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.660 | +0.036% | $3.5M | $4.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.660 | +0.036% | $4.1M | $9.1M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.650 | +0.001% | $311K | $516K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.613 | −0.134% | $6K | $188K | 10x | as long as short |
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNR
GRVT BMNR_USDT_PerpShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BMNR-USDT | 0.0000% | 8h | 27.645 | −0.018% | $959 | $865K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.624 | −0.094% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.650 | 0.000% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0012% | 1h | 27.660 | +0.036% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.657 | +0.025% | $348K | $52K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0040% | 1h | 27.620 | −0.108% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.647 | −0.011% | $910K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.620 | −0.108% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.630 | −0.072% | $675K | $754K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.590 | −0.217% | $24K | $29K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
Lighter BMNR
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT