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: Bybit against KuCoin+0.036%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$702as in the Funding arb table
Net, price: spread back to 7d avg − costs−$700as in the Price arb table
costs, in and out, $10k−$7006.998% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.036%, 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 | KuCoin BMNRUSDTM | 27.830 | 0.0100 | pay 0.0100% / 8h | 5h 50m | $680K | $808K | 20x |
| Short | Bybit BMNRUSDT | 27.840 | 0 | get 0.0000% / 8h | 5h 50m | $3.3M | $1.9M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$21
- Price spread: +0.036% → +0.034%
- $0.17
- Slippage, 4 orders
- −$676.82
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$720.65
- Costs to cover
- 6.998%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 49 min ago; Bybit: 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 KuCoin live order book, 49 min ago | 26.85 bp | 364.8 bp −$365 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.77 bp | 23.5 bp −$23 | 129.2 bp −$1,292 | doesn't fit | doesn't fit |
BMNR on 19 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 | −0.0721% | 8h | 27.869 | +0.140% | $2.0M | $926K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.878 | +0.171% | $50K | $100K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.852 | +0.081% | $52K | $634K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.850 | +0.072% | $22.1M | $52.7M | 25x | as long as short |
| Bybit BMNRUSDTshort | 0.0000% | 8h | 27.840 | +0.036% | $3.3M | $1.9M | 25x | |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.860 | +0.108% | $3.6M | $4.3M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.850 | +0.072% | $4.2M | $9.5M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.820 | −0.037% | $317K | $497K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.801 | −0.103% | $5K | $177K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.813 | −0.061% | $1K | $893K | 10x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BMNR-USDT | 0.0000% | 8h | 27.807 | −0.083% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.860 | +0.108% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0012% | 1h | 27.830 | 0.000% | $1.2M | $1.3M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.820 | −0.036% | $350K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.810 | −0.072% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.816 | −0.050% | $926K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.850 | +0.072% | $36K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTMlong | +0.0100% | 8h | 27.830 | long leg | $680K | $808K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.790 | −0.144% | $24K | $29K | 50x | as long as short |
KuCoin BMNRUSDTM
Bybit BMNRUSDT
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
Lighter BMNR
tradeXYZ xyz:BMNR
ApeX Omni BMNRUSDT