Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against Phemex+0.012%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1071.070% of the position
Funding, last 7 days+0.398%+$40 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now +0.012%, 7d avg −0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.026% dearer against Phemex than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BMNRUSDT | 27.900 | 0 | get 0.0000% / 8h | 6h 15m | $1.6M | $1.4M | 10x |
| Short | Binance BMNRUSDT | 27.903 | 0 | get 0.0000% / 8h | 6h 15m | $21.6M | $45.7M | 25x |
Phemex BMNRUSDT
Binance BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phemex. 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: +0.012% → −0.014%
- $2.57
- Slippage, 4 orders
- −$85.02
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$104.44
- Costs to cover
- 1.070%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; Binance: live order book, 4 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 Phemex live order book, 5 min ago | 3.58 bp | 39.6 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 3.58 bp | 9.9 bp −$10 | 23.4 bp −$234 | 121.4 bp −$12.1K | doesn't fit |
BMNR on 20 exchanges
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 | 27.916 | +0.056% | $47K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.891 | −0.031% | $38K | $373K | 10x | as long as short |
| Binance BMNRUSDTshort | 0.0000% | 8h | 27.903 | +0.012% | $21.6M | $45.7M | 25x | |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.904 | +0.014% | $3.2M | $1.7M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.930 | +0.108% | $3.6M | $2.9M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.910 | +0.036% | $4.1M | $7.6M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 27.918 | +0.065% | $1.9M | $1.2M | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.894 | −0.021% | $216K | $507K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.871 | −0.104% | $5K | $167K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.908 | +0.029% | $999 | $650K | 10x | as long as short |
Aster BMNRUSDT
Extended BMNR-USD
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDTShow all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BMNR-USDT | 0.0000% | 8h | 27.919 | +0.068% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDTlong | 0.0000% | 8h | 27.900 | long leg | $1.6M | $1.4M | 10x | |
| QFEX BMNR-USD | +0.0005% | 1h | 27.900 | 0.000% | $1.2M | $971K | 10x | as long as short |
| BloFin BMNR-USDT | +0.0007% | 8h | 27.880 | −0.072% | $215K | $68K | 20x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.918 | +0.065% | $351K | $58K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.850 | −0.179% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.860 | −0.143% | $36K | $10K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.890 | −0.036% | $680K | $745K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.880 | −0.072% | $24K | $23K | 50x | as long as short |
| tradeXYZ xyz:BMNR | +0.0314% | 1h | 27.917 | +0.061% | $1.0M | $1.5M | 10x | as long as short |
HTX BMNR-USDT
QFEX BMNR-USD
BloFin BMNR-USDT
Lighter BMNR
Vest BMNR-USD-PERP
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT
tradeXYZ xyz:BMNR