BMNR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.011%

Price spread now: Bybit against BloFin+0.040%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$620.620% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.259%−$26 on $10k

Price spread, last 4 days (all we have)+0.086%+$9 · spread now +0.040%, 7d avg −0.018%

Together, before fees−0.173%−$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.058% dearer against BloFin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BMNR-USDT	27.640	−0.0001	get 0.0001% / 8h	2h 10m	$207K	$52K	20x
Short	Bybit BMNRUSDT	27.651	0	get 0.0000% / 8h	2h 10m	$3.2M	$2.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now +0.040%Rate

Funding earned: $0.28
Price spread: +0.040% → −0.018%: $5.79
Slippage, 4 orders: −$39.01
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$55.93
Costs to cover: 0.620%
Break-even: 1392.7 days

Slippage from BloFin: live order book, 5 min ago; Bybit: 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, 5 min ago	3.63 bp	9.6 bp −$10	14.1 bp −$141	64.1 bp −$6,413	doesn't fit
Sell Bybit live order book, 2 min ago	4.16 bp	22.4 bp −$22	179.2 bp −$1,792	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	−0.0909%	8h	27.671	+0.112%	$1.8M	$1.3M	20x	as long as short
Vest BMNR-USD-PERP	−0.0012%	1h	27.600	−0.145%	—	$36K	25x	as long as short
BloFin BMNR-USDTlong	−0.0001%	8h	27.640	long leg	$207K	$52K	20x
Aster BMNRUSDT	0.0000%	8h	27.677	+0.133%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.642	+0.008%	$60K	$494K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.670	+0.109%	$21.7M	$52.9M	25x	as long as short
Bybit BMNRUSDTshort	0.0000%	8h	27.651	+0.040%	$3.2M	$2.0M	25x
OKX BMNR-USDT-SWAP	0.0000%	8h	27.660	+0.072%	$3.5M	$4.2M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.670	+0.109%	$4.1M	$9.0M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.650	+0.037%	$214K	$596K	—	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	27.530	−0.398%	$5K	$190K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.638	−0.007%	$1K	$868K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.624	−0.058%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.630	−0.036%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0013%	1h	27.630	−0.036%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.648	+0.029%	$346K	$56K	10x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.634	−0.022%	$908K	$1.4M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.610	−0.109%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.630	−0.036%	$675K	$737K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.560	−0.289%	$24K	$29K	50x	as long as short