Funding you earn now, next payment 08:00 UTC+0.0090%/8h= +9.8% APRnext payment +$0.90 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against BloFin−0.072%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$789as in the Funding arb table
Net, price: spread back to 7d avg − costs−$767as in the Price arb table
costs, in and out, $10k−$7657.654% of the position
Funding, last 7 days−0.237%−$24 on $10k
+Price spread, last 4 days (all we have)+0.284%+$28 · spread now −0.072%, 7d avg −0.051%
=Funding pays, the price is against you. KuCoin is 0.021% cheaper against BloFin than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.051%). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.237%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BMNR-USDT | 27.760 | 0.0010 | pay 0.0010% / 8h | 4h 33m | $210K | $52K | 20x |
| Short | KuCoin BMNRUSDTM | 27.740 | 0.0100 | get 0.0100% / 8h | 4h 33m | $678K | $779K | 20x |
BloFin BMNR-USDT
KuCoin BMNRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $18.85
- Price spread: −0.072% → −0.051%
- −$2.13
- Slippage, 4 orders
- −$741.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$748.63
- Costs to cover
- 7.654%
- Break-even
- 285.0 days
Slippage from BloFin: live order book, 65 min ago; KuCoin: live order book, 61 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, 65 min ago | 5.39 bp | 13.3 bp −$13 | 20.7 bp −$207 | 71.6 bp −$7,155 | doesn't fit |
| Sell KuCoin live order book, 61 min ago | 23.35 bp | 374.3 bp −$374 | 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 BMNRUSDT | −0.0774% | 8h | 27.789 | +0.104% | $1.9M | $936K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.725 | −0.126% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.743 | −0.061% | $53K | $630K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.750 | −0.036% | $22.0M | $52.8M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.745 | −0.054% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.730 | −0.108% | $3.5M | $4.2M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.720 | −0.144% | $4.2M | $9.2M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.670 | −0.324% | $323K | $504K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.700 | −0.216% | $6K | $181K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.753 | −0.025% | $1K | $887K | 10x | as long as short |
Bitget BMNRUSDT
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-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BMNR-USDT | 0.0000% | 8h | 27.676 | −0.303% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.750 | −0.036% | $1.6M | $1.5M | 10x | as long as short |
| BloFin BMNR-USDTlong | +0.0010% | 8h | 27.760 | long leg | $210K | $52K | 20x | |
| QFEX BMNR-USD | +0.0018% | 1h | 27.730 | −0.108% | $1.2M | $1.2M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.754 | −0.022% | $349K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.690 | −0.252% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.751 | −0.032% | $915K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.630 | −0.468% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTMshort | +0.0100% | 8h | 27.740 | −0.072% | $678K | $779K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.690 | −0.252% | $24K | $29K | 50x | as long as short |
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
Lighter BMNR
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
ApeX Omni BMNRUSDT