Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Gate−0.109%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1611.612% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.109%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.110% cheaper against Gate than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BMNR_USDT | 27.510 | 0 | get 0.0000% / 8h | 1h 41m | $4.1M | $8.6M | 50x |
| Short | Phemex BMNRUSDT | 27.480 | 0 | get 0.0000% / 8h | 1h 41m | $1.6M | $1.5M | 10x |
Gate BMNR_USDT
Phemex BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Gate. 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
- $0
- Price spread: −0.109% → +0.001%
- −$11.05
- Slippage, 4 orders
- −$134.17
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$172.22
- Costs to cover
- 1.612%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Phemex: 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 Gate live order book, 2 min ago | 3.63 bp | 14.6 bp −$15 | 50.6 bp −$506 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 3.64 bp | 60.3 bp −$60 | 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 BMNRUSDT | −0.0763% | 8h | 27.541 | +0.113% | $1.8M | $1.3M | 20x | as long as short |
| BloFin BMNR-USDT | −0.0011% | 8h | 27.510 | 0.000% | $207K | $51K | 20x | as long as short |
| Vest BMNR-USD-PERP | −0.0005% | 1h | 27.450 | −0.218% | — | $36K | 25x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.469 | −0.148% | $48K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.478 | −0.117% | $61K | $454K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.484 | −0.095% | $21.6M | $53.0M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.485 | −0.091% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.520 | +0.036% | $3.5M | $4.2M | 20x | as long as short |
| Gate BMNR_USDTlong | 0.0000% | 8h | 27.510 | long leg | $4.1M | $8.6M | 50x | |
| Variational Omni BMNR | 0.0000% | 8h | 27.480 | −0.108% | $223K | $607K | — | as long as short |
Bitget BMNRUSDT
BloFin BMNR-USDT
Vest BMNR-USD-PERP
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
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 | 27.527 | +0.064% | $6K | $190K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.517 | +0.025% | $993 | $864K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.530 | +0.073% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDTshort | 0.0000% | 8h | 27.480 | −0.109% | $1.6M | $1.5M | 10x | |
| QFEX BMNR-USD | +0.0019% | 1h | 27.490 | −0.073% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.475 | −0.127% | $343K | $52K | 10x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.490 | −0.073% | $904K | $1.4M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.530 | +0.073% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.480 | −0.109% | $671K | $731K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.510 | 0.000% | $24K | $29K | 50x | as long as short |
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
QFEX BMNR-USD
Lighter BMNR
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT