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

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.041%
Price spread now: GRVT against Bitget+0.028%63s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$740.739% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.120%+$12 on $10k
Price spread, last 4 days (all we have)+0.265%+$26 · spread now +0.028%, 7d avg +0.003%
Together, before fees+0.385%+ Points / potential airdropGRVT: Active · farm board+$38 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 0.024% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.003%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BMNRUSDT28.0400get 0.0000% / 8h5h 30m$1.9M$1.2M20x
ShortGRVT BMNR_USDT_Perp28.0480get 0.0000% / 8h5h 30m$6K$164K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Bitget. 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: +0.028% → +0.003%
$2.43
Slippage, 4 orders
−$52.9
Fee Bitget: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$71.47
Costs to cover
0.739%
Break-even
never at this rate
Slippage from Bitget: live order book, 9 min ago; GRVT: live order book, 14 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 Bitget live order book, 9 min ago2.13 bp29.3 bp −$2946.2 bp −$462doesn't fitdoesn't fit
Sell GRVT live order book, 14 min ago5.34 bp11.3 bp −$1176.6 bp −$766doesn't fitdoesn't fit

BMNR on 20 exchanges

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%8h28.024−0.057%$48K$101K20xas long as short
Extended BMNR-USD0.0000%1h28.011−0.103%$38K$374K10xas long as short
Binance BMNRUSDT0.0000%8h28.010−0.107%$21.8M$44.7M25xas long as short
Bybit BMNRUSDT0.0000%8h28.013−0.096%$3.2M$1.7M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.020−0.071%$3.6M$2.9M20xas long as short
Gate BMNR_USDT0.0000%8h28.010−0.107%$4.1M$7.5M50xas long as short
Bitget BMNRUSDTlong0.0000%8h28.040long leg$1.9M$1.2M20x
Variational Omni BMNR0.0000%8h28.008−0.113%$217K$437Kas long as short
GRVT BMNR_USDT_Perpshort0.0000%8h28.048+0.028%$6K$164K10x
SunX BMNR-USDT0.0000%8h28.008−0.114%$871$614K10xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h28.033−0.025%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.010−0.107%$1.6M$1.4M10xas long as short
BloFin BMNR-USDT+0.0025%8h28.020−0.071%$217K$60K20xas long as short
Lighter BMNR+0.0032%1h28.019−0.075%$352K$58K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.020−0.071%$36K25xas long as short
QFEX BMNR-USD+0.0049%1h27.970−0.250%$1.2M$969K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.030−0.036%$36K$10K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.020−0.071%$683K$773K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.070+0.107%$25K$23K50xas long as short
tradeXYZ xyz:BMNR+0.0233%1h28.047+0.025%$1.0M$1.5M10xas long as short