Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Phemex−0.004%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1571.571% of the position
Funding, last 7 days+0.135%+$14 on $10k
+Price spread, last 4 days (all we have)+0.542%+$54 · spread now −0.004%, 7d avg +0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BMNRUSDT | 27.910 | 0 | get 0.0000% / 8h | 6h 57m | $1.6M | $1.4M | 10x |
| Short | Bybit BMNRUSDT | 27.909 | 0 | get 0.0000% / 8h | 6h 57m | $3.2M | $1.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.004% → +0.002%
- −$0.56
- Slippage, 4 orders
- −$134.09
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$157.65
- Costs to cover
- 1.571%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 6 min ago; Bybit: live order book, 5 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, 6 min ago | 5.35 bp | 57.9 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.46 bp | 21.2 bp −$21 | 137.9 bp −$1,379 | 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 | −0.0075% | 8h | 27.943 | +0.118% | $1.9M | $1.3M | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.914 | +0.013% | $47K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.883 | −0.095% | $59K | $355K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.910 | −0.001% | $21.7M | $47.9M | 25x | as long as short |
| Bybit BMNRUSDTshort | 0.0000% | 8h | 27.909 | −0.004% | $3.2M | $1.8M | 25x | |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.920 | +0.036% | $3.6M | $3.2M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.900 | −0.036% | $4.1M | $7.5M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.975 | +0.232% | $216K | $551K | — | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 27.922 | +0.043% | $874 | $713K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 28.038 | +0.459% | $6K | $40K | 20x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BMNRUSDTlong | 0.0000% | 8h | 27.910 | long leg | $1.6M | $1.4M | 10x | |
| QFEX BMNR-USD | +0.0005% | 1h | 27.950 | +0.143% | $1.2M | $987K | 10x | as long as short |
| BloFin BMNR-USDT | +0.0016% | 8h | 27.950 | +0.143% | $212K | $68K | 20x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.910 | 0.000% | $351K | $58K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.910 | 0.000% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.850 | −0.215% | $36K | $10K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.890 | −0.072% | $679K | $727K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.970 | +0.215% | $25K | $23K | 50x | as long as short |
| GRVT BMNR_USDT_Perp | +0.0171% | 8h | 28.030 | +0.431% | $6K | $173K | 10x | as long as short |
| tradeXYZ xyz:BMNR | +0.0388% | 1h | 27.912 | +0.007% | $1.0M | $1.5M | 10x | as long as short |
Phemex BMNRUSDT
Bybit BMNRUSDT
Bitget BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNR
SunX BMNR-USDT
HTX BMNR-USDT
BloFin BMNR-USDT
Lighter BMNR
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT
GRVT BMNR_USDT_Perp
tradeXYZ xyz:BMNR