BMNR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Bybit against KuCoin−0.018%7-day average +0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$602as in the Funding arb table

Net, price: spread back to 7d avg − costs−$605as in the Price arb table

costs, in and out, $10k−$6006.001% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.018%, 7d avg +0.034%

Together, before fees+0.039%+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.052% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.034%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BMNRUSDTM	27.770	0.0100	pay 0.0100% / 8h	3h 41m	$678K	$764K	20x
Short	Bybit BMNRUSDT	27.765	0	get 0.0000% / 8h	3h 41m	$3.2M	$2.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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 KuCoinbpFee BybitbpOrdersPrice spread, now −0.018%Rate

Funding earned: −$21
Price spread: −0.018% → +0.034%: −$5.25
Slippage, 4 orders: −$577.11
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$626.36
Costs to cover: 6.001%
Break-even: never at this rate

Slippage from KuCoin: live order book, 48 min ago; Bybit: 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 KuCoin live order book, 48 min ago	19.80 bp	204.4 bp −$204	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	2.88 bp	14.0 bp −$14	120.8 bp −$1,208	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	−0.0598%	8h	27.792	+0.079%	$1.9M	$921K	20x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.766	−0.013%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.759	−0.040%	$52K	$619K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.775	+0.019%	$22.0M	$52.2M	25x	as long as short
Bybit BMNRUSDTshort	0.0000%	8h	27.765	−0.018%	$3.2M	$2.0M	25x
OKX BMNR-USDT-SWAP	0.0000%	8h	27.780	+0.036%	$3.5M	$4.2M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.780	+0.036%	$4.2M	$9.0M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.820	+0.181%	$324K	$504K	—	as long as short
GRVT BMNR_USDT_Perp	0.0000%	8h	27.810	+0.143%	$5K	$185K	10x	as long as short
SunX BMNR-USDT	0.0000%	8h	27.829	+0.212%	$1K	$871K	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	27.768	−0.007%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.770	0.000%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0012%	1h	27.760	−0.036%	$1.2M	$1.1M	10x	as long as short
BloFin BMNR-USDT	+0.0019%	8h	27.810	+0.144%	$209K	$52K	20x	as long as short
Lighter BMNR	+0.0032%	1h	27.792	+0.079%	$350K	$52K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.760	−0.036%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.773	+0.011%	$916K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.740	−0.108%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTMlong	+0.0100%	8h	27.770	long leg	$678K	$764K	20x
ApeX Omni BMNRUSDT	+0.0100%	1h	27.820	+0.180%	$24K	$29K	50x	as long as short