Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.019%
Price spread now: OKX against KuCoin+0.107%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$673as in the Funding arb table
Net, price: spread back to 7d avg − costs−$684as in the Price arb table
costs, in and out, $10k−$6886.875% of the position
Funding, last 7 days+0.148%+$15 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.107%, 7d avg +0.075%
=The price spread pays, funding is against you. OKX is 0.032% dearer against KuCoin than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.075%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 26 hours. Mind the row above: over the last 7 days funding on this pair paid +0.148%, 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 | 27.920 | 0.0100 | pay 0.0100% / 8h | 6h 12m | $682K | $810K | 20x |
| Short | OKX BMNR-USDT-SWAP | 27.950 | 0 | get 0.0000% / 8h | 6h 12m | $3.6M | $4.4M | 20x |
KuCoin BMNRUSDTM
OKX BMNR-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.107% → +0.075%
- $3.22
- Slippage, 4 orders
- −$665.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$705.29
- Costs to cover
- 6.875%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 26 min ago; OKX: live order book, 5 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, 26 min ago | 26.85 bp | 364.8 bp −$365 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 3.57 bp | 18.4 bp −$18 | 94.8 bp −$948 | 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 | −0.0462% | 8h | 27.957 | +0.133% | $2.0M | $968K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.960 | +0.143% | $50K | $100K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.910 | −0.035% | $54K | $635K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.908 | −0.041% | $22.2M | $53.8M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.934 | +0.050% | $3.3M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAPshort | 0.0000% | 8h | 27.950 | +0.107% | $3.6M | $4.4M | 20x | |
| Gate BMNR_USDT | 0.0000% | 8h | 27.940 | +0.072% | $4.2M | $9.7M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.970 | +0.178% | $312K | $491K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.976 | +0.201% | $6K | $178K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.911 | −0.032% | $971 | $931K | 10x | as long as short |
Bitget BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
Gate BMNR_USDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BMNR-USDT | 0.0000% | 8h | 27.972 | +0.186% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.920 | 0.000% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0002% | 1h | 27.940 | +0.072% | $1.2M | $1.3M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.932 | +0.043% | $351K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.930 | +0.036% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.920 | 0.000% | $36K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTMlong | +0.0100% | 8h | 27.920 | long leg | $682K | $810K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.950 | +0.107% | $24K | $39K | 50x | as long as short |
| tradeXYZ xyz:BMNR | +0.0294% | 1h | 27.941 | +0.075% | $942K | $1.5M | 10x | as long as short |
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
Lighter BMNR
Vest BMNR-USD-PERP
Ondo Perps BMNR-USD.P
ApeX Omni BMNRUSDT
tradeXYZ xyz:BMNR