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: Gate against KuCoin+0.107%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$729as in the Funding arb table
Net, price: spread back to 7d avg − costs−$705as in the Price arb table
costs, in and out, $10k−$7137.127% of the position
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.107%, 7d avg +0.031%
=The price spread pays, funding is against you. Gate is 0.077% dearer against KuCoin than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.031%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BMNRUSDTM | 27.930 | 0.0100 | pay 0.0100% / 8h | 6h 35m | $683K | $803K | 20x |
| Short | Gate BMNR_USDT | 27.960 | 0 | get 0.0000% / 8h | 6h 35m | $4.2M | $9.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.107% → +0.031%
- $7.67
- Slippage, 4 orders
- −$685.72
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$726.05
- Costs to cover
- 7.127%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Gate: live order book, 3 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, 4 min ago | 26.85 bp | 364.8 bp −$365 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 7.15 bp | 39.5 bp −$39 | 89.2 bp −$892 | 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 | −0.0347% | 8h | 27.964 | +0.122% | $2.0M | $992K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.960 | +0.107% | $50K | $100K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.943 | +0.045% | $38K | $617K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.940 | +0.036% | $22.4M | $53.9M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.945 | +0.054% | $3.3M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.960 | +0.107% | $3.6M | $4.8M | 20x | as long as short |
| Gate BMNR_USDTshort | 0.0000% | 8h | 27.960 | +0.107% | $4.2M | $9.6M | 50x | |
| Variational Omni BMNR | 0.0000% | 8h | 27.951 | +0.074% | $312K | $491K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.980 | +0.179% | $6K | $179K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.964 | +0.122% | $1K | $944K | 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 | 27.947 | +0.061% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.950 | +0.072% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0002% | 1h | 27.950 | +0.072% | $1.2M | $1.4M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0017% | 8h | 28.000 | +0.251% | $213K | $62K | 20x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.935 | +0.018% | $351K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.920 | −0.036% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.920 | −0.036% | $36K | $18K | 5x | as long as short |
| KuCoin BMNRUSDTMlong | +0.0100% | 8h | 27.930 | long leg | $683K | $803K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.940 | +0.036% | $24K | $45K | 50x | as long as short |
| tradeXYZ xyz:BMNR | +0.0215% | 1h | 27.918 | −0.043% | $941K | $1.5M | 10x | as long as short |
KuCoin BMNRUSDTM
Gate BMNR_USDT
Bitget BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
BloFin BMNR-USDT
Lighter BMNR
ApeX Omni BMNRUSDT
tradeXYZ xyz:BMNR