Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.29 per $10,000 · paid last 24h −0.011%
Price spread now: Gate against BloFin0.000%93s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as 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−$590.589% of the position
Funding, last 7 days−0.395%−$39 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now 0.000%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.021% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.021%. Mind the row above: over the last 7 days funding on this pair cost −0.395%, so the current rate has only just turned in your favour. The two prices were read 93 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 | 27.510 | −0.0029 | get 0.0029% / 8h | 9m 35s | $207K | $51K | 20x |
| Short | Gate BMNR_USDT | 27.510 | 0 | get 0.0000% / 8h | 9m 35s | $4.1M | $8.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $5.99
- Price spread: 0.000% → −0.021%
- $2.09
- Slippage, 4 orders
- −$31.89
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$50.81
- Costs to cover
- 0.589%
- Break-even
- 66.4 days
Slippage from BloFin: live order book, 61 min ago; Gate: live order book, 4 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, 61 min ago | 5.45 bp | 11.4 bp −$11 | 14.1 bp −$141 | 54.1 bp −$5,407 | doesn't fit |
| Sell Gate live order book, 4 min ago | 3.63 bp | 17.3 bp −$17 | 65.0 bp −$650 | 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 BMNRUSDT | −0.0456% | 8h | 27.529 | +0.069% | $1.9M | $1.3M | 20x | as long as short |
| tradeXYZ xyz:BMNR | −0.0396% | 1h | 27.483 | −0.098% | $765K | $1.5M | 10x | as long as short |
| BloFin BMNR-USDTlong | −0.0029% | 8h | 27.510 | long leg | $207K | $51K | 20x | |
| Aster BMNRUSDT | 0.0000% | 8h | 27.515 | +0.019% | $47K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.509 | −0.005% | $57K | $360K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.500 | −0.036% | $21.5M | $51.2M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.514 | +0.015% | $3.2M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.500 | −0.036% | $3.5M | $3.9M | 20x | as long as short |
| Gate BMNR_USDTshort | 0.0000% | 8h | 27.510 | 0.000% | $4.1M | $8.5M | 50x | |
| Variational Omni BMNR | 0.0000% | 8h | 27.492 | −0.067% | $213K | $607K | — | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.524 | +0.049% | $6K | $182K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.514 | +0.015% | $894 | $805K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.546 | +0.131% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.510 | 0.000% | $1.6M | $1.4M | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0004% | 1h | 27.460 | −0.182% | — | $36K | 25x | as long as short |
| QFEX BMNR-USD | +0.0010% | 1h | 27.500 | −0.036% | $1.2M | $1.0M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.532 | +0.080% | $344K | $53K | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.470 | −0.145% | $36K | $14K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.500 | −0.036% | $670K | $698K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.500 | −0.036% | $24K | $23K | 50x | as long as short |
BloFin BMNR-USDT
Gate BMNR_USDT
Bitget BMNRUSDT
tradeXYZ xyz:BMNR
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
Lighter BMNR
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT