Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.2% APRnext payment −$1.20 per $10,000 · paid last 24h −0.019%
Price spread now: BloFin against KuCoin0.000%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$549as in the Funding arb table
Net, price: spread back to 7d avg − costs−$578as in the Price arb table
costs, in and out, $10k−$5735.725% of the position
Funding, last 7 days+0.237%+$24 on $10k
+Price spread, last 4 days (all we have)−0.192%−$19 · spread now 0.000%, 7d avg +0.052%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.052% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.052%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.237%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BMNRUSDTM | 27.800 | 0.0100 | pay 0.0100% / 8h | 3h 36m | $679K | $765K | 20x |
| Short | BloFin BMNR-USDT | 27.800 | −0.0020 | pay 0.0020% / 8h | 3h 36m | $209K | $52K | 20x |
KuCoin BMNRUSDTM
BloFin BMNR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$25.29
- Price spread: 0.000% → +0.052%
- −$5.24
- Slippage, 4 orders
- −$548.55
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$603.08
- Costs to cover
- 5.725%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 52 min ago; BloFin: live order book, 54 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 KuCoin live order book, 52 min ago | 19.80 bp | 204.4 bp −$204 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 54 min ago | 3.60 bp | 9.6 bp −$10 | 19.0 bp −$190 | 68.2 bp −$6,820 | 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 | −0.0586% | 8h | 27.827 | +0.097% | $1.9M | $921K | 20x | as long as short |
| BloFin BMNR-USDTshort | −0.0020% | 8h | 27.800 | 0.000% | $209K | $52K | 20x | |
| Aster BMNRUSDT | 0.0000% | 8h | 27.795 | −0.018% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.802 | +0.007% | $52K | $621K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.809 | +0.031% | $22.0M | $52.2M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.790 | −0.036% | $3.2M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.830 | +0.108% | $3.5M | $4.2M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.800 | 0.000% | $4.2M | $9.0M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.780 | −0.071% | $324K | $504K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.785 | −0.053% | $6K | $185K | 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_PerpShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BMNR-USDT | 0.0000% | 8h | 27.793 | −0.025% | $1K | $869K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.766 | −0.122% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.800 | 0.000% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0012% | 1h | 27.790 | −0.036% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.821 | +0.076% | $350K | $52K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.770 | −0.108% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.790 | −0.036% | $916K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.740 | −0.216% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTMlong | +0.0100% | 8h | 27.800 | long leg | $679K | $765K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.770 | −0.108% | $24K | $29K | 50x | as long as short |
SunX BMNR-USDT
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