BMNR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.21 per $10,000 · paid last 24h −0.011%

Price spread now: Gate against BloFin+0.036%48s7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$650.653% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.395%−$39 on $10k

Price spread, last 4 days (all we have)+0.194%+$19 · spread now +0.036%, 7d avg −0.021%

Together, before fees−0.200%−$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.057% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.021%. Mind the row above: over the last 7 days funding on this pair cost −0.395%, so the current rate has only just turned in your favour. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BMNR-USDT	27.680	−0.0021	get 0.0021% / 8h	3h 16m	$209K	$52K	20x
Short	Gate BMNR_USDT	27.690	0	get 0.0000% / 8h	3h 16m	$4.1M	$9.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.036%Rate

Funding earned: $4.37
Price spread: +0.036% → −0.021%: $5.74
Slippage, 4 orders: −$38.34
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$55.23
Costs to cover: 0.653%
Break-even: 95.4 days

Slippage from BloFin: live order book, 4 min ago; Gate: 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, 4 min ago	5.42 bp	14.7 bp −$15	19.4 bp −$194	71.1 bp −$7,112	doesn't fit
Sell Gate live order book, 2 min ago	3.61 bp	19.1 bp −$19	126.8 bp −$1,268	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	−0.0637%	8h	27.715	+0.126%	$1.9M	$920K	20x	as long as short
BloFin BMNR-USDTlong	−0.0021%	8h	27.680	long leg	$209K	$52K	20x
Aster BMNRUSDT	0.0000%	8h	27.686	+0.020%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.676	−0.014%	$57K	$622K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.673	−0.024%	$21.9M	$52.3M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.673	−0.025%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.720	+0.145%	$3.5M	$4.1M	20x	as long as short
Gate BMNR_USDTshort	0.0000%	8h	27.690	+0.036%	$4.1M	$9.1M	50x
Variational Omni BMNR	0.0000%	8h	27.665	−0.054%	$322K	$504K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.676	−0.016%	$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	27.641	−0.141%	$1K	$866K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.657	−0.083%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.670	−0.036%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.670	−0.036%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.665	−0.054%	$348K	$52K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.640	−0.145%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.682	+0.007%	$911K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.620	−0.217%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.670	−0.036%	$676K	$756K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.650	−0.108%	$24K	$29K	50x	as long as short