Funding you earn now, next payment 08:00 UTC−0.0810%/8h= −88.7% APRnext payment −$8.10 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.098%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1101.100% of the position
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 7 days−0.098%−$10 · spread now +0.098%, 7d avg +0.020%
=The price spread pays, funding is against you. Bitget is 0.077% dearer against Bybit than usual: you sell high and buy low (spread +0.098% now, against its 7-day average of +0.020%): +$8 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.139% in total) that is about 3.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.139% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.10 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 | Bybit BMNRUSDT | 27.655 | 0 | get 0.0000% / 8h | 2h 01m | $3.2M | $2.0M | 25x |
| Short | Bitget BMNRUSDT | 27.682 | −0.0810 | pay 0.0810% / 8h | 2h 01m | $1.8M | $1.3M | 20x |
Bybit BMNRUSDT
Bitget BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$170.1
- Price spread: +0.098% → +0.020%
- $7.72
- Slippage, 4 orders
- −$87
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$272.38
- Costs to cover
- 1.100%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 1 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 Bybit live order book, 1 min ago | 3.61 bp | 19.9 bp −$20 | 118.9 bp −$1,189 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.79 bp | 52.3 bp −$52 | 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 | −0.0810% | 8h | 27.682 | +0.098% | $1.8M | $1.3M | 20x | |
| BloFin BMNR-USDT | −0.0016% | 8h | 27.670 | +0.054% | $206K | $52K | 20x | as long as short |
| Vest BMNR-USD-PERP | −0.0006% | 1h | 27.640 | −0.054% | — | $36K | 25x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.655 | +0.001% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.642 | −0.049% | $57K | $498K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.641 | −0.051% | $21.7M | $53.0M | 25x | as long as short |
| Bybit BMNRUSDTlong | 0.0000% | 8h | 27.655 | long leg | $3.2M | $2.0M | 25x | |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.650 | −0.018% | $3.5M | $4.2M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.670 | +0.054% | $4.1M | $9.0M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.700 | +0.163% | $225K | $607K | — | as long as short |
BloFin BMNR-USDT
Vest BMNR-USD-PERP
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNRShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.662 | +0.025% | $5K | $189K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.692 | +0.134% | $1K | $866K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.695 | +0.145% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.640 | −0.054% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0013% | 1h | 27.660 | +0.018% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.630 | −0.090% | $345K | $56K | 10x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.660 | +0.018% | $910K | $1.4M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.640 | −0.054% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.630 | −0.090% | $676K | $735K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.690 | +0.127% | $24K | $29K | 50x | as long as short |
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
Lighter BMNR
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT