Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.050%
Price spread now: Bitget against GRVT−0.192%73s7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1000.995% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 3 days (all we have)−0.100%−$10 · spread now −0.192%, 7d avg −0.014%
=Together, before fees−0.214%+ Points / potential airdropGRVT: Active · farm board−$21 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: Bitget is 0.178% cheaper against GRVT than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.014%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BMNR_USDT_Perp | 28.353 | 0 | get 0.0000% / 8h | 1h 32m | $6K | $195K | 10x |
| Short | Bitget BMNRUSDT | 28.299 | 0 | get 0.0000% / 8h | 1h 32m | $2.0M | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GRVT. 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: −0.192% → −0.014%
- −$17.8
- Slippage, 4 orders
- −$78.54
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$117.34
- Costs to cover
- 0.995%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 50 min ago; Bitget: 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 GRVT live order book, 50 min ago | 3.52 bp | 26.0 bp −$26 | 83.7 bp −$837 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.29 bp | 27.3 bp −$27 | 35.5 bp −$355 | 166.9 bp −$16.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BMNR-USD | −0.0003% | 1h | 28.310 | −0.153% | $1.2M | $1.8M | 10x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 28.319 | −0.123% | $53K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.280 | −0.261% | $40K | $462K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.287 | −0.236% | $22.4M | $55.2M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.305 | −0.171% | $3.4M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.330 | −0.083% | $3.6M | $6.0M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.300 | −0.189% | $3.8M | $10.2M | 50x | as long as short |
| Bitget BMNRUSDTshort | 0.0000% | 8h | 28.299 | −0.192% | $2.0M | $1.1M | 20x | |
| Variational Omni BMNR | 0.0000% | 8h | 28.322 | −0.112% | $324K | $477K | — | as long as short |
| GRVT BMNR_USDT_Perplong | 0.0000% | 8h | 28.353 | long leg | $6K | $195K | 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 | 28.301 | −0.185% | $1K | $1.0M | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 28.324 | −0.104% | $6K | $39K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.310 | −0.153% | $1.6M | $1.5M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0017% | 8h | 28.320 | −0.118% | $211K | $59K | 20x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 28.338 | −0.055% | $337K | $23K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.330 | −0.083% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 28.288 | −0.231% | $948K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.240 | −0.400% | $37K | $27K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.310 | −0.153% | $706K | $767K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.350 | −0.012% | $25K | $107K | 50x | as long as short |
GRVT BMNR_USDT_Perp
Bitget BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNR
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
BloFin BMNR-USDT
Lighter BMNR
tradeXYZ xyz:BMNR
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT