Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h +0.022%
Price spread now: BloFin against GRVT−0.035%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$750.745% of the position
Funding, last 7 days+0.282%+$28 on $10k
+Price spread, last 3 days (all we have)−0.332%−$33 · spread now −0.035%, 7d avg −0.022%
=Together, before fees−0.050%+ Points / potential airdropGRVT: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BMNR_USDT_Perp | 28.330 | 0 | get 0.0000% / 8h | 2h 00m | $5K | $198K | 10x |
| Short | BloFin BMNR-USDT | 28.320 | 0.0029 | get 0.0029% / 8h | 2h 00m | $213K | $59K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $6.1
- Price spread: −0.035% → −0.022%
- −$1.38
- Slippage, 4 orders
- −$53.51
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$69.79
- Costs to cover
- 0.745%
- Break-even
- 87.1 days
Slippage from GRVT: live order book, 21 min ago; BloFin: live order book, 14 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, 21 min ago | 3.52 bp | 26.0 bp −$26 | 83.7 bp −$837 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 5.29 bp | 16.1 bp −$16 | 28.8 bp −$288 | 94.3 bp −$9,429 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BMNRUSDT | 0.0000% | 8h | 28.370 | +0.140% | $53K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.317 | −0.046% | $40K | $462K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.320 | −0.035% | $22.4M | $55.4M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.345 | +0.053% | $3.4M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.330 | 0.000% | $3.6M | $6.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.340 | +0.035% | $3.8M | $10.5M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.341 | +0.039% | $2.0M | $1.2M | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.334 | +0.013% | $326K | $481K | — | as long as short |
| GRVT BMNR_USDT_Perplong | 0.0000% | 8h | 28.330 | long leg | $5K | $198K | 10x | |
| SunX BMNR-USDT | 0.0000% | 8h | 28.324 | −0.021% | $1K | $1.0M | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BMNR-USDT | 0.0000% | 8h | 28.343 | +0.046% | $5K | $39K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.320 | −0.035% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0011% | 1h | 28.330 | 0.000% | $1.2M | $1.8M | 10x | as long as short |
| BloFin BMNR-USDTshort | +0.0029% | 8h | 28.320 | −0.035% | $213K | $59K | 20x | |
| Lighter BMNR | +0.0032% | 1h | 28.381 | +0.180% | $337K | $25K | 10x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 28.354 | +0.085% | $951K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.290 | −0.141% | $37K | $34K | 5x | as long as short |
| Vest BMNR-USD-PERP | +0.0092% | 1h | 28.390 | +0.212% | — | $36K | 25x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.320 | −0.035% | $706K | $758K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.370 | +0.141% | $25K | $170K | 50x | as long as short |
GRVT BMNR_USDT_Perp
BloFin BMNR-USDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
Variational Omni BMNR
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
Lighter BMNR
tradeXYZ xyz:BMNR
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT