Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against GRVT−0.002%108s7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as 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−$1161.157% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)−0.391%−$39 · spread now −0.002%, 7d avg −0.098%
=Together, before fees−0.436%+ Points / potential airdropGRVT: Active · Lighter: Season 3 · farm board−$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.095% dearer against GRVT than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.098%. The two prices were read 108 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 | 27.792 | 0 | get 0.0000% / 8h | 4h 19m | $6K | $182K | 10x |
| Short | Lighter BMNR | 27.791 | 0.0032 | get 0.0004% / 1h | 19m 37s | $350K | $53K | 10x |
GRVT BMNR_USDT_Perp
Lighter BMNRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $6.72
- Price spread: −0.002% → −0.098%
- $9.55
- Slippage, 4 orders
- −$106.65
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$99.39
- Costs to cover
- 1.157%
- Break-even
- 110.5 days
Slippage from GRVT: live order book, 33 min ago; Lighter: live order book, 30 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, 33 min ago | 5.39 bp | 13.6 bp −$14 | 84.1 bp −$841 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 30 min ago | 43.25 bp | 43.3 bp −$43 | 249.3 bp −$2,493 | 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 | −0.0733% | 8h | 27.794 | +0.009% | $1.9M | $934K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.758 | −0.122% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.748 | −0.157% | $53K | $625K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.760 | −0.115% | $22.0M | $52.8M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.755 | −0.132% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.790 | −0.006% | $3.5M | $4.2M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.770 | −0.078% | $4.2M | $9.3M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.760 | −0.114% | $324K | $504K | — | as long as short |
| GRVT BMNR_USDT_Perplong | 0.0000% | 8h | 27.792 | long leg | $6K | $182K | 10x | |
| SunX BMNR-USDT | 0.0000% | 8h | 27.755 | −0.132% | $1K | $888K | 10x | as long as short |
Bitget BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNR
SunX BMNR-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BMNR-USDT | 0.0000% | 8h | 27.792 | +0.002% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.760 | −0.114% | $1.6M | $1.5M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0013% | 8h | 27.770 | −0.078% | $209K | $52K | 20x | as long as short |
| QFEX BMNR-USD | +0.0018% | 1h | 27.760 | −0.114% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNRshort | +0.0032% | 1h | 27.791 | −0.002% | $350K | $53K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.740 | −0.186% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.750 | −0.150% | $915K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.790 | −0.006% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.750 | −0.150% | $678K | $774K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.750 | −0.150% | $24K | $29K | 50x | as long as short |
HTX BMNR-USDT
Phemex BMNRUSDT
BloFin BMNR-USDT
QFEX BMNR-USD
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT