Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.168%
Price spread now: Phemex against tradeXYZ+0.072%7-day average −0.022% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.903%−$90 on $10k
+Price spread, last 4 days (all we have)−0.522%−$52 · spread now +0.072%, 7d avg −0.022%
=Together, before fees−1.425%+ Points / potential airdroptradeXYZ: Active · farm board−$142 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.094% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of −0.022%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.3 days. At the pace of the last 7 days (−0.903% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BMNR | 27.870 | 0.0050 | pay 0.0006% / 1h | 0m 01s | $920K | $1.5M | 10x |
| Short | Phemex BMNRUSDT | 27.890 | 0 | get 0.0000% / 8h | 5h 00m | $1.6M | $1.5M | 10x |
tradeXYZ xyz:BMNR
Phemex BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against tradeXYZ. 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
- −$10.5
- Price spread: +0.072% → −0.022%
- $9.41
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$31.09
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 7 min ago; Phemex: live order book, 3 min ago. Net counts fees only.
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 tradeXYZ live order book, 7 min ago | 0.36 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 5.38 bp | 65.0 bp −$65 | doesn't fit | doesn't fit | 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 | −0.0679% | 8h | 27.899 | +0.104% | $1.9M | $934K | 20x | as long as short |
| BloFin BMNR-USDT | −0.0006% | 8h | 27.870 | 0.000% | $210K | $58K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.878 | +0.029% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.893 | +0.083% | $52K | $632K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.880 | +0.036% | $22.1M | $52.7M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.880 | +0.036% | $3.3M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.900 | +0.108% | $3.6M | $4.3M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.890 | +0.072% | $4.2M | $9.6M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.879 | +0.033% | $325K | $504K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.860 | −0.036% | $6K | $178K | 10x | as long as short |
Bitget BMNRUSDT
BloFin BMNR-USDT
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 | 27.857 | −0.047% | $1K | $888K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.856 | −0.050% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDTshort | 0.0000% | 8h | 27.890 | +0.072% | $1.6M | $1.5M | 10x | |
| QFEX BMNR-USD | +0.0012% | 1h | 27.880 | +0.036% | $1.2M | $1.2M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.882 | +0.043% | $351K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.860 | −0.036% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNRlong | +0.0050% | 1h | 27.870 | long leg | $920K | $1.5M | 10x | |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.840 | −0.108% | $36K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.870 | 0.000% | $682K | $790K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.850 | −0.072% | $24K | $29K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
QFEX BMNR-USD
Lighter BMNR
Vest BMNR-USD-PERP
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT