Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.5% APRnext payment +$0.22 per $10,000 · paid last 24h +0.074%
Price spread now: BloFin against Phemex0.000%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1211.212% of the position
Funding, last 7 days+0.392%+$39 on $10k
+Price spread, last 3 days (all we have)−0.019%−$2 · spread now 0.000%, 7d avg +0.019%
=The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BMNRUSDT | 28.440 | 0 | get 0.0000% / 8h | 12m 21s | $1.6M | $1.5M | 10x |
| Short | BloFin BMNR-USDT | 28.440 | 0.0022 | get 0.0022% / 8h | 12m 21s | $212K | $58K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phemex. 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
- $4.7
- Price spread: 0.000% → +0.019%
- −$1.87
- Slippage, 4 orders
- −$97.19
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$118.36
- Costs to cover
- 1.212%
- Break-even
- 183.2 days
Slippage from Phemex: live order book, 1 min ago; BloFin: live order book, 58 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 Phemex live order book, 1 min ago | 1.76 bp | 46.9 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 58 min ago | 3.54 bp | 9.5 bp −$10 | 17.1 bp −$171 | 58.7 bp −$5,869 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BMNRUSDT | 0.0000% | 8h | 28.469 | +0.101% | $54K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.445 | +0.016% | $40K | $462K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.450 | +0.035% | $22.5M | $55.4M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.458 | +0.063% | $3.4M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.460 | +0.070% | $3.7M | $6.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.460 | +0.070% | $3.9M | $10.4M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.461 | +0.074% | $2.0M | $1.1M | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.451 | +0.038% | $317K | $493K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.431 | −0.030% | $5K | $188K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 28.465 | +0.088% | $993 | $1.0M | 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 | 28.472 | +0.113% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDTlong | 0.0000% | 8h | 28.440 | long leg | $1.6M | $1.5M | 10x | |
| QFEX BMNR-USD | +0.0004% | 1h | 28.430 | −0.035% | $1.2M | $1.8M | 10x | as long as short |
| BloFin BMNR-USDTshort | +0.0022% | 8h | 28.440 | 0.000% | $212K | $58K | 20x | |
| Lighter BMNR | +0.0032% | 1h | 28.434 | −0.021% | $336K | $25K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.490 | +0.176% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 28.435 | −0.018% | $967K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.470 | +0.105% | $37K | $26K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.440 | 0.000% | $704K | $773K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.450 | +0.035% | $25K | $82K | 50x | as long as short |
Phemex BMNRUSDT
BloFin BMNR-USDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDT
HTX BMNR-USDT
Lighter BMNR
tradeXYZ xyz:BMNR
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT