BMNR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.011%

Price spread now: GRVT against BloFin+0.114%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$510.506% of the position

Long on BloFin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.286%−$29 on $10k

Price spread, last 4 days (all we have)+0.254%+$25 · spread now +0.114%, 7d avg +0.025%

Together, before fees−0.032%+ Points / potential airdropGRVT: Active · farm board−$3 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 0.089% dearer against BloFin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BMNR-USDT	27.760	−0.0004	get 0.0004% / 8h	4h 18m	$209K	$52K	20x
Short	GRVT BMNR_USDT_Perp	27.792	0	get 0.0000% / 8h	4h 18m	$6K	$182K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee GRVTbpOrdersPrice spread, now +0.114%Rate

Funding earned: $0.9
Price spread: +0.114% → +0.025%: $8.87
Slippage, 4 orders: −$29.6
Fee BloFin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$40.84
Costs to cover: 0.506%
Break-even: 325.7 days

Slippage from BloFin: live order book, 12 min ago; GRVT: live order book, 34 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 BloFin live order book, 12 min ago	3.60 bp	11.9 bp −$12	16.9 bp −$169	73.3 bp −$7,328	doesn't fit
Sell GRVT live order book, 34 min ago	5.39 bp	15.5 bp −$16	57.4 bp −$574	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	−0.0731%	8h	27.792	+0.115%	$1.9M	$934K	20x	as long as short
BloFin BMNR-USDTlong	−0.0004%	8h	27.760	long leg	$209K	$52K	20x
Aster BMNRUSDT	0.0000%	8h	27.746	−0.052%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.738	−0.080%	$53K	$625K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.734	−0.093%	$22.0M	$52.7M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.738	−0.079%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.790	+0.108%	$3.5M	$4.2M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.760	0.000%	$4.2M	$9.3M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.760	0.000%	$324K	$504K	—	as long as short
GRVT BMNR_USDT_Perpshort	0.0000%	8h	27.792	+0.114%	$6K	$182K	10x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX BMNR-USDT	0.0000%	8h	27.755	−0.018%	$1K	$888K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.789	+0.104%	$5K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.760	0.000%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0018%	1h	27.730	−0.108%	$1.2M	$1.1M	10x	as long as short
Lighter BMNR	+0.0032%	1h	27.780	+0.072%	$349K	$53K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	27.750	−0.036%	—	$36K	25x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.745	−0.054%	$914K	$1.5M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.790	+0.108%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	27.750	−0.036%	$678K	$773K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	27.750	−0.036%	$24K	$29K	50x	as long as short