Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Bybit−0.071%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1721.725% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 3 days (all we have)−0.012%−$1 · spread now −0.071%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.071% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BMNRUSDT | 28.040 | 0 | get 0.0000% / 8h | 6h 57m | $3.4M | $1.9M | 25x |
| Short | Phemex BMNRUSDT | 28.020 | 0 | get 0.0000% / 8h | 6h 57m | $1.6M | $1.5M | 10x |
Bybit BMNRUSDT
Phemex BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.071% → 0.000%
- −$7.09
- Slippage, 4 orders
- −$149.47
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$179.56
- Costs to cover
- 1.725%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Phemex: 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 Bybit live order book, 5 min ago | 3.02 bp | 31.2 bp −$31 | 147.9 bp −$1,479 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 8.91 bp | 48.5 bp −$48 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BMNRUSDT | 0.0000% | 8h | 28.049 | +0.034% | $53K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.021 | −0.069% | $38K | $597K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.030 | −0.036% | $22.1M | $52.9M | 25x | as long as short |
| Bybit BMNRUSDTlong | 0.0000% | 8h | 28.040 | long leg | $3.4M | $1.9M | 25x | |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.060 | +0.071% | $3.6M | $4.8M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.060 | +0.071% | $4.2M | $9.4M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.052 | +0.043% | $2.0M | $991K | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.145 | +0.375% | $314K | $492K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.075 | +0.123% | $5K | $177K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 28.046 | +0.021% | $1K | $946K | 10x | as long as short |
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
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 | 28.110 | +0.250% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDTshort | 0.0000% | 8h | 28.020 | −0.071% | $1.6M | $1.5M | 10x | |
| QFEX BMNR-USD | +0.0002% | 1h | 28.040 | 0.000% | $1.2M | $1.5M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0023% | 8h | 28.050 | +0.036% | $211K | $62K | 20x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 28.042 | +0.007% | $353K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.050 | +0.036% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.060 | +0.071% | $37K | $16K | 5x | as long as short |
| tradeXYZ xyz:BMNR | +0.0081% | 1h | 28.037 | −0.011% | $947K | $1.5M | 10x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.040 | 0.000% | $692K | $771K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.080 | +0.143% | $25K | $45K | 50x | as long as short |
HTX BMNR-USDT
QFEX BMNR-USD
BloFin BMNR-USDT
Lighter BMNR
Vest BMNR-USD-PERP
Ondo Perps BMNR-USD.P
tradeXYZ xyz:BMNR
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT