Settings8H · net · $10k
Funding arb · Price arb /

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.021%
Price spread now: GRVT against Binance+0.162%89s7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$650.645% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.287%−$29 on $10k
Price spread, last 2 days (all we have)+0.013%+$1 · spread now +0.162%, 7d avg +0.033%
Together, before fees−0.274%+ Points / potential airdropGRVT: Active · farm board−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.129% dearer against Binance than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.033%. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BMNRUSDT28.3340get 0.0000% / 8h2h 11m$22.4M$55.4M25x
ShortGRVT BMNR_USDT_Perp28.3800get 0.0000% / 8h2h 11m$5K$198K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Binance. 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

Funding earned
$0
Price spread: +0.162% → +0.033%
$12.88
Slippage, 4 orders
−$45.52
Fee Binance: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$51.64
Costs to cover
0.645%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; GRVT: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago1.76 bp13.3 bp −$1333.6 bp −$336186.6 bp −$18.7Kdoesn't fit
Sell GRVT live order book, 10 min ago3.52 bp15.4 bp −$1588.1 bp −$881doesn't fitdoesn't fit

BMNR on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BMNRUSDT0.0000%8h28.372+0.136%$53K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.347+0.047%$40K$462K10xas long as short
Binance BMNRUSDTlong0.0000%8h28.334long leg$22.4M$55.4M25x
Bybit BMNRUSDT0.0000%8h28.346+0.042%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.380+0.162%$3.6M$6.1M20xas long as short
Gate BMNR_USDT0.0000%8h28.350+0.056%$3.8M$10.5M50xas long as short
Bitget BMNRUSDT0.0000%8h28.369+0.123%$2.0M$1.2M20xas long as short
Variational Omni BMNR0.0000%8h28.374+0.140%$303K$458Kas long as short
GRVT BMNR_USDT_Perpshort0.0000%8h28.380+0.162%$5K$198K10x
SunX BMNR-USDT0.0000%8h28.341+0.025%$1K$1.0M10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h28.411+0.272%$6K$39K20xas long as short
Phemex BMNRUSDT0.0000%8h28.340+0.021%$1.6M$1.5M10xas long as short
BloFin BMNR-USDT+0.0001%8h28.350+0.056%$213K$59K20xas long as short
QFEX BMNR-USD+0.0011%1h28.330−0.014%$1.2M$1.8M10xas long as short
Lighter BMNR+0.0032%1h28.381+0.166%$337K$25K10xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.340+0.021%$956K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.440+0.374%$37K$34K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.360+0.092%$708K$756K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.400+0.233%$25K$172K50xas long as short
Vest BMNR-USD-PERP+0.0112%1h28.410+0.268%$16K25xas long as short