Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.6% APRnext payment +$0.23 per $10,000 · paid last 24h +0.010%
Price spread now: BloFin against Gate−0.036%48s7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as 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−$540.545% of the position
Funding, last 7 days+0.393%+$39 on $10k
+Price spread, last 3 days (all we have)−0.064%−$6 · spread now −0.036%, 7d avg +0.024%
=Funding pays, the price is against you. BloFin is 0.059% cheaper against Gate than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.024%). If the spread goes back, that is −$6 on $10k: about 8.5 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.393% in total) that is about 25 hours. The two prices were read 48 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 | Gate BMNR_USDT | 28.060 | 0 | get 0.0000% / 8h | 6h 58m | $4.2M | $9.4M | 50x |
| Short | BloFin BMNR-USDT | 28.050 | 0.0023 | get 0.0023% / 8h | 6h 58m | $211K | $62K | 20x |
Gate BMNR_USDT
BloFin BMNR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $4.92
- Price spread: −0.036% → +0.024%
- −$5.94
- Slippage, 4 orders
- −$27.47
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$55.49
- Costs to cover
- 0.545%
- Break-even
- 86.0 days
Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 2 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 Gate live order book, 5 min ago | 3.54 bp | 13.8 bp −$14 | 64.1 bp −$641 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 5.34 bp | 11.3 bp −$11 | 20.1 bp −$201 | 75.0 bp −$7,502 | 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 | 28.056 | −0.013% | $53K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.032 | −0.100% | $38K | $597K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.038 | −0.080% | $22.1M | $52.9M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.049 | −0.039% | $3.4M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.060 | 0.000% | $3.6M | $4.9M | 20x | as long as short |
| Gate BMNR_USDTlong | 0.0000% | 8h | 28.060 | long leg | $4.2M | $9.4M | 50x | |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.066 | +0.021% | $2.0M | $993K | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.145 | +0.303% | $314K | $492K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.153 | +0.333% | $6K | $180K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 28.064 | +0.014% | $1K | $945K | 10x | as long as short |
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
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 | +0.178% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.040 | −0.071% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0002% | 1h | 28.040 | −0.071% | $1.2M | $1.5M | 10x | as long as short |
| BloFin BMNR-USDTshort | +0.0023% | 8h | 28.050 | −0.036% | $211K | $62K | 20x | |
| Lighter BMNR | +0.0032% | 1h | 28.042 | −0.064% | $353K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.080 | +0.071% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 28.049 | −0.039% | $947K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.060 | 0.000% | $37K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.050 | −0.036% | $692K | $771K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.210 | +0.535% | $25K | $45K | 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
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT