BMNR

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Gate−0.108%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$790as in the Funding arb table

Net, price: spread back to 7d avg − costs−$814as in the Price arb table

costs, in and out, $10k−$8068.063% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.158%+$16 on $10k

Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.108%, 7d avg −0.035%

Together, before fees+0.227%+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.073% cheaper against Gate than usual: you would sell low and buy high (spread −0.108% now, against its 7-day average of −0.035%). If the spread goes back, that is −$7 on $10k: about 2.4 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BMNR_USDT	27.900	0	get 0.0000% / 8h	6h 12m	$4.1M	$7.6M	50x
Short	KuCoin BMNRUSDTM	27.870	0.0100	get 0.0100% / 8h	6h 12m	$679K	$749K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now −0.108%Rate

Funding earned: $21
Price spread: −0.108% → −0.035%: −$7.28
Slippage, 4 orders: −$779.28
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$792.57
Costs to cover: 8.063%
Break-even: 271.2 days

Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 33 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 Gate live order book, 4 min ago	3.58 bp	20.1 bp −$20	74.4 bp −$744	doesn't fit	doesn't fit
Sell KuCoin live order book, 33 min ago	16.17 bp	355.9 bp −$356	doesn't fit	doesn't fit	doesn't fit

BMNR on 20 exchanges

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
Aster BMNRUSDT	0.0000%	8h	27.913	+0.048%	$47K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.891	−0.031%	$38K	$373K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.907	+0.024%	$21.6M	$45.5M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.898	−0.007%	$3.2M	$1.7M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.920	+0.072%	$3.6M	$2.9M	20x	as long as short
Gate BMNR_USDTlong	0.0000%	8h	27.900	long leg	$4.1M	$7.6M	50x
Bitget BMNRUSDT	0.0000%	8h	27.923	+0.082%	$1.9M	$1.2M	20x	as long as short
Variational Omni BMNR	0.0000%	8h	27.894	−0.021%	$216K	$507K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.892	−0.030%	$5K	$167K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.908	+0.029%	$899	$647K	10x	as long as short

Show all 20 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	27.815	−0.305%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.890	−0.036%	$1.6M	$1.4M	10x	as long as short
QFEX BMNR-USD	+0.0005%	1h	27.890	−0.036%	$1.2M	$968K	10x	as long as short
BloFin BMNR-USDT	+0.0010%	8h	27.890	−0.036%	$214K	$65K	20x	as long as short
Lighter BMNR	+0.0032%	1h	27.898	−0.007%	$351K	$58K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.870	−0.108%	—	$36K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.860	−0.143%	$36K	$10K	5x	as long as short
KuCoin BMNRUSDTMshort	+0.0100%	8h	27.870	−0.108%	$679K	$749K	20x
ApeX Omni BMNRUSDT	+0.0100%	1h	27.890	−0.036%	$24K	$23K	50x	as long as short
tradeXYZ xyz:BMNR	+0.0309%	1h	27.905	+0.018%	$1.0M	$1.5M	10x	as long as short