BMNR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against GRVT+0.072%7-day average −0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs−$657as in the Funding arb table

Net, price: spread back to 7d avg − costs−$647as in the Price arb table

costs, in and out, $10k−$6626.624% of the position

Long on GRVT Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 4 days (all we have)−0.300%−$30 · spread now +0.072%, 7d avg −0.081%

Together, before fees−0.250%+ Points / potential airdropGRVT: Active · farm board−$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.153% dearer against GRVT than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.081%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT BMNR_USDT_Perp	27.640	0	get 0.0000% / 8h	2h 06m	$5K	$190K	10x
Short	KuCoin BMNRUSDTM	27.660	0.0100	get 0.0100% / 8h	2h 06m	$676K	$736K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee GRVTbpFee KuCoinbpOrdersPrice spread, now +0.072%Rate

Funding earned: $21
Price spread: +0.072% → −0.081%: $15.32
Slippage, 4 orders: −$641.43
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$626.1
Costs to cover: 6.624%
Break-even: 215.7 days

Slippage from GRVT: live order book, 36 min ago; KuCoin: live order book, 12 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, 36 min ago	5.45 bp	15.2 bp −$15	106.7 bp −$1,067	doesn't fit	doesn't fit
Sell KuCoin live order book, 12 min ago	20.02 bp	330.4 bp −$330	doesn't fit	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
Bitget BMNRUSDT	−0.0872%	8h	27.694	+0.195%	$1.8M	$1.3M	20x	as long as short
Vest BMNR-USD-PERP	−0.0009%	1h	27.640	0.000%	—	$36K	25x	as long as short
Aster BMNRUSDT	0.0000%	8h	27.697	+0.207%	$49K	$101K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	27.665	+0.091%	$57K	$498K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	27.680	+0.145%	$21.8M	$53.0M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	27.677	+0.134%	$3.2M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	27.690	+0.181%	$3.5M	$4.2M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	27.680	+0.145%	$4.1M	$9.0M	50x	as long as short
Variational Omni BMNR	0.0000%	8h	27.650	+0.037%	$214K	$596K	—	as long as short
GRVT BMNR_USDT_Perplong	0.0000%	8h	27.640	long leg	$5K	$190K	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	27.691	+0.184%	$1K	$867K	10x	as long as short
HTX BMNR-USDT	0.0000%	8h	27.692	+0.188%	$6K	$40K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	27.680	+0.145%	$1.6M	$1.5M	10x	as long as short
QFEX BMNR-USD	+0.0013%	1h	27.660	+0.072%	$1.2M	$1.1M	10x	as long as short
BloFin BMNR-USDT	+0.0023%	8h	27.660	+0.072%	$205K	$52K	20x	as long as short
Lighter BMNR	+0.0032%	1h	27.684	+0.159%	$346K	$56K	10x	as long as short
tradeXYZ xyz:BMNR	+0.0050%	1h	27.676	+0.130%	$910K	$1.4M	10x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	27.610	−0.109%	$36K	$15K	5x	as long as short
KuCoin BMNRUSDTMshort	+0.0100%	8h	27.660	+0.072%	$676K	$736K	20x
ApeX Omni BMNRUSDT	+0.0100%	1h	27.650	+0.036%	$24K	$29K	50x	as long as short