Funding you earn now, next payment 08:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.73 per $10,000 · paid last 24h −0.019%
Price spread now: BloFin against KuCoin0.000%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$742as in the Funding arb table
Net, price: spread back to 7d avg − costs−$770as in the Price arb table
costs, in and out, $10k−$7657.654% of the position
Funding, last 7 days+0.237%+$24 on $10k
+Price spread, last 4 days (all we have)−0.211%−$21 · spread now 0.000%, 7d avg +0.051%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.051% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.051%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.237%, 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 | 27.700 | 0.0100 | pay 0.0100% / 8h | 4h 34m | $677K | $779K | 20x |
| Short | BloFin BMNR-USDT | 27.700 | 0.0027 | get 0.0027% / 8h | 4h 34m | $209K | $52K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$15.39
- Price spread: 0.000% → +0.051%
- −$5.08
- Slippage, 4 orders
- −$741.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$785.83
- Costs to cover
- 7.654%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 60 min ago; BloFin: live order book, 63 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, 60 min ago | 23.35 bp | 366.4 bp −$366 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 63 min ago | 5.39 bp | 11.4 bp −$11 | 19.2 bp −$192 | 80.5 bp −$8,051 | 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 | −0.0769% | 8h | 27.718 | +0.065% | $1.9M | $936K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.698 | −0.007% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.675 | −0.090% | $53K | $630K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.682 | −0.067% | $22.0M | $52.8M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.679 | −0.076% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.680 | −0.072% | $3.5M | $4.2M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.680 | −0.072% | $4.1M | $9.2M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.670 | −0.108% | $323K | $504K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.717 | +0.061% | $6K | $181K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.696 | −0.014% | $1K | $888K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BMNR-USDT | 0.0000% | 8h | 27.676 | −0.087% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.690 | −0.036% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0018% | 1h | 27.690 | −0.036% | $1.2M | $1.2M | 10x | as long as short |
| BloFin BMNR-USDTshort | +0.0027% | 8h | 27.700 | 0.000% | $209K | $52K | 20x | |
| Lighter BMNR | +0.0032% | 1h | 27.690 | −0.036% | $348K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.660 | −0.144% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.680 | −0.072% | $912K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.630 | −0.253% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTMlong | +0.0100% | 8h | 27.700 | long leg | $677K | $779K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.690 | −0.036% | $24K | $29K | 50x | as long as short |
KuCoin BMNRUSDTM
BloFin BMNR-USDT
Bitget BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
Lighter BMNR
tradeXYZ xyz:BMNR
ApeX Omni BMNRUSDT