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: Binance against GRVT−0.093%49s7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$490.489% 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)+0.039%+$4 · spread now −0.093%, 7d avg −0.028%
Together, before fees+0.326%+ Points / potential airdropGRVT: Active · farm board+$33 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: Binance is 0.066% cheaper against GRVT than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.028%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BMNR_USDT_Perp28.5070get 0.0000% / 8h42m 40s$5K$190K10x
ShortBinance BMNRUSDT28.4800get 0.0000% / 8h42m 40s$22.6M$55.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against GRVT. 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: −0.093% → −0.028%
−$6.57
Slippage, 4 orders
−$29.9
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$55.47
Costs to cover
0.489%
Break-even
never at this rate
Slippage from GRVT: live order book, 34 min ago; Binance: live order book, 15 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 GRVT live order book, 34 min ago3.54 bp11.5 bp −$1298.8 bp −$988doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago1.76 bp8.8 bp −$919.7 bp −$19795.5 bp −$9,549doesn'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
BloFin BMNR-USDT−0.0007%8h28.490−0.058%$211K$58K20xas long as short
Aster BMNRUSDT0.0000%8h28.515+0.030%$54K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.475−0.111%$40K$462K10xas long as short
Binance BMNRUSDTshort0.0000%8h28.480−0.093%$22.6M$55.3M25x
Bybit BMNRUSDT0.0000%8h28.492−0.051%$3.4M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h28.480−0.093%$3.7M$6.1M20xas long as short
Gate BMNR_USDT0.0000%8h28.490−0.058%$3.8M$10.2M50xas long as short
Bitget BMNRUSDT0.0000%8h28.501−0.020%$2.0M$1.1M20xas long as short
Variational Omni BMNR0.0000%8h28.471−0.123%$317K$493Kas long as short
GRVT BMNR_USDT_Perplong0.0000%8h28.507long leg$5K$190K10x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BMNR-USDT0.0000%8h28.488−0.065%$986$1.0M10xas long as short
HTX BMNR-USDT0.0000%8h28.522+0.054%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.470−0.129%$1.6M$1.5M10xas long as short
QFEX BMNR-USD+0.0004%1h28.480−0.093%$1.2M$1.8M10xas long as short
Lighter BMNR+0.0032%1h28.483−0.083%$338K$23K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.540+0.117%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h28.504−0.009%$955K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.490−0.058%$37K$26K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.480−0.093%$705K$778K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.500−0.023%$25K$82K50xas long as short