Funding you earn now, next payment 08:00 UTC−0.0427%/8h= −46.8% APRnext payment −$4.27 per $10,000 · paid last 24h −0.011%
Price spread now: Bitget against BloFin+0.044%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$800.797% of the position
Funding, last 7 days−0.398%−$40 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.044%, 7d avg +0.020%
=The price spread pays, funding is against you. Bitget is 0.023% dearer against BloFin than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of +0.020%): +$2 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.398% in total) that is about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BMNR-USDT | 27.510 | −0.0008 | get 0.0008% / 8h | 5m 03s | $208K | $62K | 20x |
| Short | Bitget BMNRUSDT | 27.522 | −0.0435 | pay 0.0435% / 8h | 5m 03s | $1.8M | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$89.69
- Price spread: +0.044% → +0.020%
- $2.35
- Slippage, 4 orders
- −$55.75
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$167.09
- Costs to cover
- 0.797%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 66 min ago; Bitget: live order book, 2 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 BloFin live order book, 66 min ago | 5.45 bp | 11.4 bp −$11 | 14.1 bp −$141 | 54.1 bp −$5,407 | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.18 bp | 34.7 bp −$35 | 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 | −0.0435% | 8h | 27.522 | +0.044% | $1.8M | $1.3M | 20x | |
| tradeXYZ xyz:BMNR | −0.0373% | 1h | 27.472 | −0.138% | $765K | $1.5M | 10x | as long as short |
| BloFin BMNR-USDTlong | −0.0008% | 8h | 27.510 | long leg | $208K | $62K | 20x | |
| Aster BMNRUSDT | 0.0000% | 8h | 27.506 | −0.016% | $47K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.513 | +0.012% | $57K | $360K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.520 | +0.036% | $21.6M | $51.3M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.520 | +0.036% | $3.2M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.510 | 0.000% | $3.5M | $3.9M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.510 | 0.000% | $4.1M | $8.5M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.491 | −0.068% | $213K | $607K | — | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.501 | −0.033% | $6K | $182K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.492 | −0.065% | $1K | $806K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.475 | −0.127% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.510 | 0.000% | $1.6M | $1.4M | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0003% | 1h | 27.460 | −0.182% | — | $36K | 25x | as long as short |
| QFEX BMNR-USD | +0.0010% | 1h | 27.500 | −0.036% | $1.2M | $1.0M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.502 | −0.029% | $343K | $53K | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.510 | 0.000% | $36K | $14K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.490 | −0.073% | $669K | $699K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.470 | −0.145% | $24K | $23K | 50x | as long as short |
BloFin BMNR-USDT
Bitget BMNRUSDT
tradeXYZ xyz:BMNR
Aster BMNRUSDT
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
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT