Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit−0.040%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$598as in the Funding arb table
Net, price: spread back to 7d avg − costs−$601as in the Price arb table
costs, in and out, $10k−$6006.001% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.040%, 7d avg −0.034%
=The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BMNRUSDT | 27.781 | 0 | get 0.0000% / 8h | 3h 38m | $3.2M | $1.9M | 25x |
| Short | KuCoin BMNRUSDTM | 27.770 | 0.0100 | get 0.0100% / 8h | 3h 38m | $679K | $765K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- $21
- Price spread: −0.040% → −0.034%
- −$0.51
- Slippage, 4 orders
- −$577.11
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$579.63
- Costs to cover
- 6.001%
- Break-even
- 200.2 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 51 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 Bybit live order book, 4 min ago | 2.88 bp | 35.0 bp −$35 | 149.2 bp −$1,492 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 51 min ago | 19.80 bp | 346.6 bp −$347 | 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 | −0.0589% | 8h | 27.809 | +0.101% | $1.9M | $921K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.790 | +0.034% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.792 | +0.040% | $52K | $621K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.800 | +0.068% | $22.0M | $52.2M | 25x | as long as short |
| Bybit BMNRUSDTlong | 0.0000% | 8h | 27.781 | long leg | $3.2M | $1.9M | 25x | |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.800 | +0.068% | $3.5M | $4.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.800 | +0.068% | $4.2M | $9.0M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.780 | −0.003% | $324K | $504K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.782 | +0.002% | $6K | $185K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.829 | +0.173% | $1K | $871K | 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 | 27.766 | −0.054% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.800 | +0.068% | $1.6M | $1.5M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0005% | 8h | 27.780 | −0.004% | $208K | $52K | 20x | as long as short |
| QFEX BMNR-USD | +0.0012% | 1h | 27.780 | −0.004% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.799 | +0.065% | $350K | $52K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.760 | −0.076% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.790 | +0.032% | $916K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.740 | −0.148% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTMshort | +0.0100% | 8h | 27.770 | −0.040% | $679K | $765K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.820 | +0.140% | $24K | $29K | 50x | as long as short |
Bybit BMNRUSDT
KuCoin BMNRUSDTM
Bitget BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
BloFin BMNR-USDT
Lighter BMNR
tradeXYZ xyz:BMNR
ApeX Omni BMNRUSDT