Funding you earn now, next payment 08:00 UTC−0.0580%/8h= −63.5% APRnext payment −$5.80 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Aster−0.001%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1941.938% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.001%, 7d avg −0.022%
=Together, before fees+0.002%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.022% dearer against Aster than usual: you sell high and buy low (spread −0.001% now, against its 7-day average of −0.022%): +$2 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.004% in total) that is about 42 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.004% in total (about -0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.80 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BMNRUSDT | 27.655 | 0 | get 0.0000% / 8h | 3h 22m | $49K | $101K | 20x |
| Short | Bitget BMNRUSDT | 27.655 | −0.0580 | pay 0.0580% / 8h | 3h 22m | $1.9M | $921K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Aster. 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
- −$121.8
- Price spread: −0.001% → −0.022%
- $2.15
- Slippage, 4 orders
- −$173.79
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$313.44
- Costs to cover
- 1.938%
- Break-even
- never at this rate
Slippage from Aster: live order book, 5 min ago; Bitget: 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 Aster live order book, 5 min ago | 52.22 bp | 59.4 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.88 bp | 54.7 bp −$55 | 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 BMNRUSDTshort | −0.0580% | 8h | 27.655 | −0.001% | $1.9M | $921K | 20x | |
| BloFin BMNR-USDT | −0.0011% | 8h | 27.700 | +0.162% | $208K | $52K | 20x | as long as short |
| Aster BMNRUSDTlong | 0.0000% | 8h | 27.655 | long leg | $49K | $101K | 20x | |
| Extended BMNR-USD | 0.0000% | 1h | 27.615 | −0.147% | $57K | $622K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.608 | −0.171% | $21.8M | $52.3M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.606 | −0.178% | $3.2M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.610 | −0.163% | $3.5M | $4.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.630 | −0.091% | $4.1M | $9.1M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.700 | +0.162% | $323K | $504K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.692 | +0.131% | $5K | $188K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BMNR-USDT | 0.0000% | 8h | 27.749 | +0.339% | $1K | $867K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.667 | +0.043% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.620 | −0.127% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0012% | 1h | 27.640 | −0.055% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.589 | −0.239% | $347K | $52K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.610 | −0.163% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.598 | −0.207% | $909K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.620 | −0.127% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.630 | −0.091% | $675K | $761K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.730 | +0.271% | $24K | $29K | 50x | as long as short |
Aster BMNRUSDT
Bitget BMNRUSDT
BloFin BMNR-USDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit 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
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT