Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against GRVT−0.199%90s7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as 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−$650.653% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 3 days (all we have)+0.029%+$3 · spread now −0.199%, 7d avg −0.048%
=Together, before fees+0.054%+ Points / potential airdropGRVT: Active · farm board+$5 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: Bybit is 0.151% cheaper against GRVT than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.048%. The two prices were read 90 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 | 28.347 | 0 | get 0.0000% / 8h | 7h 06m | $6K | $180K | 10x |
| Short | Bybit BMNRUSDT | 28.291 | 0 | get 0.0000% / 8h | 7h 06m | $3.4M | $1.9M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.199% → −0.048%
- −$15.06
- Slippage, 4 orders
- −$45.32
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$80.37
- Costs to cover
- 0.653%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 62 min ago; Bybit: live order book, 1 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, 62 min ago | 5.27 bp | 17.5 bp −$18 | 31.0 bp −$310 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.18 bp | 19.9 bp −$20 | 131.8 bp −$1,318 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BMNR-USDT | −0.0026% | 8h | 28.320 | −0.096% | $213K | $57K | 20x | as long as short |
| QFEX BMNR-USD | −0.0001% | 1h | 28.280 | −0.238% | $1.2M | $1.5M | 10x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 28.317 | −0.108% | $53K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.273 | −0.262% | $39K | $597K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.280 | −0.238% | $22.3M | $52.8M | 25x | as long as short |
| Bybit BMNRUSDTshort | 0.0000% | 8h | 28.291 | −0.199% | $3.4M | $1.9M | 25x | |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.300 | −0.167% | $3.6M | $4.9M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.300 | −0.167% | $4.2M | $10.0M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.326 | −0.075% | $2.0M | $990K | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.280 | −0.238% | $316K | $492K | — | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BMNR_USDT_Perplong | 0.0000% | 8h | 28.347 | long leg | $6K | $180K | 10x | |
| SunX BMNR-USDT | 0.0000% | 8h | 28.301 | −0.164% | $1K | $948K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 28.326 | −0.075% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.300 | −0.167% | $1.6M | $1.5M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 28.301 | −0.164% | $356K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.320 | −0.096% | — | $36K | 25x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.280 | −0.238% | $37K | $16K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.310 | −0.132% | $698K | $770K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.360 | +0.045% | $25K | $45K | 50x | as long as short |
| tradeXYZ xyz:BMNR | +0.0388% | 1h | 28.297 | −0.178% | $962K | $1.5M | 10x | as long as short |
GRVT BMNR_USDT_Perp
Bybit BMNRUSDT
BloFin BMNR-USDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
Variational Omni BMNR
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
Lighter BMNR
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT
tradeXYZ xyz:BMNR