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 +0.049%
Price spread now: OKX against GRVT+0.073%101s7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$600.599% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.197%+$20 on $10k
Price spread, last 4 days (all we have)−1.011%−$101 · spread now +0.073%, 7d avg −0.005%
Together, before fees−0.814%+ Points / potential airdropGRVT: Active · farm board−$81 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: OKX is 0.078% dearer against GRVT than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BMNR_USDT_Perp27.5200get 0.0000% / 8h15m 52s$6K$186K10x
ShortOKX BMNR-USDT-SWAP27.5400get 0.0000% / 8h15m 52s$3.5M$3.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.073% → −0.005%
$7.8
Slippage, 4 orders
−$40.87
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$52.07
Costs to cover
0.599%
Break-even
never at this rate
Slippage from GRVT: live order book, 17 min ago; OKX: live order book, 2 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, 17 min ago5.46 bp19.3 bp −$19121.5 bp −$1,215doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago3.63 bp17.2 bp −$1748.7 bp −$487doesn'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
Bitget BMNRUSDT−0.0491%8h27.548+0.102%$1.8M$1.3M20xas long as short
tradeXYZ xyz:BMNR−0.0416%1h27.481−0.142%$771K$1.6M10xas long as short
BloFin BMNR-USDT−0.0022%8h27.500−0.073%$208K$51K20xas long as short
Aster BMNRUSDT0.0000%8h27.5200.000%$47K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.523+0.012%$57K$360K10xas long as short
Binance BMNRUSDT0.0000%8h27.528+0.029%$21.6M$51.1M25xas long as short
Bybit BMNRUSDT0.0000%8h27.526+0.022%$3.2M$1.9M25xas long as short
OKX BMNR-USDT-SWAPshort0.0000%8h27.540+0.073%$3.5M$3.9M20x
Gate BMNR_USDT0.0000%8h27.5200.000%$4.1M$8.5M50xas long as short
Variational Omni BMNR0.0000%8h27.521+0.003%$213K$607Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BMNR_USDT_Perplong0.0000%8h27.520long leg$6K$186K10x
SunX BMNR-USDT0.0000%8h27.500−0.073%$894$809K10xas long as short
HTX BMNR-USDT0.0000%8h27.513−0.025%$6K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.530+0.036%$1.6M$1.4M10xas long as short
Vest BMNR-USD-PERP+0.0005%1h27.490−0.109%$36K25xas long as short
QFEX BMNR-USD+0.0010%1h27.5200.000%$1.2M$1.0M10xas long as short
Lighter BMNR+0.0032%1h27.499−0.076%$343K$51K10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.500−0.073%$36K$14K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.490−0.109%$670K$699K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.510−0.036%$24K$29K50xas long as short