Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.020%
Price spread now: Binance against KuCoin−0.052%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$531as in the Funding arb table
Net, price: spread back to 7d avg − costs−$564as in the Price arb table
costs, in and out, $10k−$5555.553% of the position
Funding, last 7 days+0.239%+$24 on $10k
+Price spread, last 4 days (all we have)+0.197%+$20 · spread now −0.052%, 7d avg +0.035%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.087% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.035%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.239%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BMNRUSDTM | 27.620 | 0.0100 | pay 0.0100% / 8h | 3h 03m | $675K | $754K | 20x |
| Short | Binance BMNRUSDT | 27.606 | 0 | get 0.0000% / 8h | 3h 03m | $21.8M | $52.3M | 25x |
KuCoin BMNRUSDTM
Binance BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$21
- Price spread: −0.052% → +0.035%
- −$8.74
- Slippage, 4 orders
- −$533.28
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$585.02
- Costs to cover
- 5.553%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 21 min ago; Binance: live order book, 9 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 KuCoin live order book, 21 min ago | 12.66 bp | 209.2 bp −$209 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.81 bp | 9.6 bp −$10 | 25.7 bp −$257 | 121.8 bp −$12.2K | 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 | −0.0667% | 8h | 27.673 | +0.192% | $1.9M | $922K | 20x | as long as short |
| BloFin BMNR-USDT | −0.0017% | 8h | 27.650 | +0.109% | $208K | $52K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.617 | −0.010% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.598 | −0.080% | $57K | $455K | 10x | as long as short |
| Binance BMNRUSDTshort | 0.0000% | 8h | 27.606 | −0.052% | $21.8M | $52.3M | 25x | |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.608 | −0.043% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.630 | +0.036% | $3.5M | $4.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.630 | +0.036% | $4.1M | $9.1M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.650 | +0.109% | $311K | $516K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.654 | +0.123% | $6K | $188K | 10x | as long as short |
Bitget BMNRUSDT
BloFin BMNR-USDT
Aster BMNRUSDT
Extended BMNR-USD
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNR
GRVT BMNR_USDT_PerpShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BMNR-USDT | 0.0000% | 8h | 27.645 | +0.091% | $1K | $866K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.641 | +0.076% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.660 | +0.145% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0012% | 1h | 27.660 | +0.145% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.600 | −0.072% | $347K | $52K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0039% | 1h | 27.630 | +0.036% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.611 | −0.033% | $909K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.660 | +0.145% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTMlong | +0.0100% | 8h | 27.620 | long leg | $675K | $754K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.630 | +0.036% | $24K | $29K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
Lighter BMNR
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
ApeX Omni BMNRUSDT