Settings8H · net · $10k
Funding arb · Price arb /

BMNR

RWAall BMNR markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$650.653% of the position
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BMNR_USDT_Perp28.3470get 0.0000% / 8h7h 06m$6K$180K10x
ShortBybit BMNRUSDT28.2910get 0.0000% / 8h7h 06m$3.4M$1.9M25x

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 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: −0.199% → −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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 62 min ago5.27 bp17.5 bp −$1831.0 bp −$310doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago3.18 bp19.9 bp −$20131.8 bp −$1,318doesn't fitdoesn'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−0.0026%8h28.320−0.096%$213K$57K20xas long as short
QFEX BMNR-USD−0.0001%1h28.280−0.238%$1.2M$1.5M10xas long as short
Aster BMNRUSDT0.0000%8h28.317−0.108%$53K$98K20xas long as short
Extended BMNR-USD0.0000%1h28.273−0.262%$39K$597K10xas long as short
Binance BMNRUSDT0.0000%8h28.280−0.238%$22.3M$52.8M25xas long as short
Bybit BMNRUSDTshort0.0000%8h28.291−0.199%$3.4M$1.9M25x
OKX BMNR-USDT-SWAP0.0000%8h28.300−0.167%$3.6M$4.9M20xas long as short
Gate BMNR_USDT0.0000%8h28.300−0.167%$4.2M$10.0M50xas long as short
Bitget BMNRUSDT0.0000%8h28.326−0.075%$2.0M$990K20xas long as short
Variational Omni BMNR0.0000%8h28.280−0.238%$316K$492Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BMNR_USDT_Perplong0.0000%8h28.347long leg$6K$180K10x
SunX BMNR-USDT0.0000%8h28.301−0.164%$1K$948K10xas long as short
HTX BMNR-USDT0.0000%8h28.326−0.075%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h28.300−0.167%$1.6M$1.5M10xas long as short
Lighter BMNR+0.0032%1h28.301−0.164%$356K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h28.320−0.096%$36K25xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h28.280−0.238%$37K$16K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h28.310−0.132%$698K$770K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h28.360+0.045%$25K$45K50xas long as short
tradeXYZ xyz:BMNR+0.0388%1h28.297−0.178%$962K$1.5M10xas long as short