Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.038%
Price spread now: OKX against BloFin−0.072%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$500.502% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)+0.274%+$27 · spread now −0.072%, 7d avg +0.030%
=Funding pays, the price is against you. OKX is 0.102% cheaper against BloFin than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of +0.030%). If the spread goes back, that is −$10 on $10k: about 19 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.089%, 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 | 27.700 | −0.0018 | get 0.0018% / 8h | 2h 08m | $205K | $52K | 20x |
| Short | OKX BMNR-USDT-SWAP | 27.680 | 0 | get 0.0000% / 8h | 2h 08m | $3.5M | $4.2M | 20x |
BloFin BMNR-USDT
OKX BMNR-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $3.79
- Price spread: −0.072% → +0.030%
- −$10.19
- Slippage, 4 orders
- −$28.16
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$56.55
- Costs to cover
- 0.502%
- Break-even
- 111.5 days
Slippage from BloFin: live order book, 7 min ago; OKX: 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, 7 min ago | 3.63 bp | 9.6 bp −$10 | 14.1 bp −$141 | 64.1 bp −$6,413 | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.81 bp | 9.6 bp −$10 | 87.8 bp −$878 | 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 | −0.0881% | 8h | 27.681 | −0.069% | $1.8M | $1.3M | 20x | as long as short |
| BloFin BMNR-USDTlong | −0.0018% | 8h | 27.700 | long leg | $205K | $52K | 20x | |
| Vest BMNR-USD-PERP | −0.0010% | 1h | 27.610 | −0.325% | — | $36K | 25x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.673 | −0.098% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.649 | −0.183% | $57K | $498K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.666 | −0.124% | $21.7M | $52.9M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.663 | −0.134% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAPshort | 0.0000% | 8h | 27.680 | −0.072% | $3.5M | $4.2M | 20x | |
| Gate BMNR_USDT | 0.0000% | 8h | 27.660 | −0.144% | $4.1M | $9.0M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.650 | −0.180% | $214K | $596K | — | as long as short |
Bitget BMNRUSDT
Vest BMNR-USD-PERP
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
Gate BMNR_USDT
Variational Omni BMNRShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.640 | −0.216% | $5K | $190K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.691 | −0.032% | $1K | $867K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.692 | −0.029% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.650 | −0.181% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0013% | 1h | 27.650 | −0.181% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.662 | −0.137% | $346K | $56K | 10x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.646 | −0.195% | $909K | $1.4M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.610 | −0.325% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.630 | −0.253% | $676K | $737K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.650 | −0.181% | $24K | $29K | 50x | as long as short |
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
Lighter BMNR
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT