Funding you earn now, next payment 05:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h +0.005%
Price spread now: BloFin against QFEX+0.181%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$530.528% of the position
Funding, last 4 days (all we have)+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)−0.335%−$33 · spread now +0.181%, 7d avg +0.004%
=The price spread pays, funding is against you. BloFin is 0.178% dearer against QFEX than usual: you sell high and buy low (spread +0.181% now, against its 7-day average of +0.004%): +$18 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days. Mind the row above: over the last 4 days funding on this pair paid +0.105%, 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 | QFEX BMNR-USD | 27.600 | 0.0012 | pay 0.0002% / 1h | 3m 05s | $1.2M | $1.1M | 10x |
| Short | BloFin BMNR-USDT | 27.650 | −0.0023 | pay 0.0023% / 8h | 3h 03m | $208K | $52K | 20x |
QFEX BMNR-USD
BloFin BMNR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against QFEX. 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
- −$7.46
- Price spread: +0.181% → +0.004%
- $17.76
- Slippage, 4 orders
- −$30.82
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$42.53
- Costs to cover
- 0.528%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; BloFin: live order book, 18 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 QFEX live order book, 3 min ago | 3.62 bp | 12.2 bp −$12 | 15.8 bp −$158 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 18 min ago | 5.42 bp | 13.7 bp −$14 | 24.1 bp −$241 | 72.5 bp −$7,252 | 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 | −0.0667% | 8h | 27.673 | +0.264% | $1.9M | $922K | 20x | as long as short |
| BloFin BMNR-USDTshort | −0.0023% | 8h | 27.650 | +0.181% | $208K | $52K | 20x | |
| Aster BMNRUSDT | 0.0000% | 8h | 27.615 | +0.054% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.596 | −0.014% | $57K | $455K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.604 | +0.016% | $21.8M | $52.3M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.598 | −0.007% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.610 | +0.036% | $3.5M | $4.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.620 | +0.072% | $4.1M | $9.1M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.650 | +0.182% | $311K | $516K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.661 | +0.221% | $6K | $188K | 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 | 27.595 | −0.018% | $1K | $866K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.641 | +0.149% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.600 | 0.000% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USDlong | +0.0012% | 1h | 27.600 | long leg | $1.2M | $1.1M | 10x | |
| Lighter BMNR | +0.0032% | 1h | 27.618 | +0.065% | $347K | $52K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0038% | 1h | 27.580 | −0.072% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.602 | +0.007% | $909K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.660 | +0.217% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.600 | 0.000% | $674K | $753K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.630 | +0.109% | $24K | $29K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
Lighter BMNR
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT