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: Phemex against GRVT−0.186%77s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as 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−$1231.226% of the position
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 4 days (all we have)−0.182%−$18 · spread now −0.186%, 7d avg −0.030%
=Together, before fees−0.290%+ Points / potential airdropGRVT: Active · farm board−$29 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: Phemex is 0.156% cheaper against GRVT than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.030%. The two prices were read 77 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 18m | $6K | $182K | 10x |
| Short | Phemex BMNRUSDT | 27.740 | 0 | get 0.0000% / 8h | 4h 18m | $1.6M | $1.5M | 10x |
GRVT BMNR_USDT_Perp
Phemex BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: −0.186% → −0.030%
- −$15.55
- Slippage, 4 orders
- −$101.58
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$138.13
- Costs to cover
- 1.226%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 35 min ago; Phemex: live order book, 5 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, 35 min ago | 5.39 bp | 13.6 bp −$14 | 84.1 bp −$841 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 5.40 bp | 48.6 bp −$49 | 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 | −0.0731% | 8h | 27.792 | +0.002% | $1.9M | $934K | 20x | as long as short |
| BloFin BMNR-USDT | −0.0004% | 8h | 27.760 | −0.114% | $209K | $52K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.735 | −0.204% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.726 | −0.237% | $53K | $625K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.736 | −0.200% | $22.0M | $52.7M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.736 | −0.200% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.770 | −0.078% | $3.5M | $4.2M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.760 | −0.114% | $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 |
Bitget BMNRUSDT
BloFin BMNR-USDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Variational Omni BMNRShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BMNR-USDT | 0.0000% | 8h | 27.746 | −0.164% | $1K | $886K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.789 | −0.009% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDTshort | 0.0000% | 8h | 27.740 | −0.186% | $1.6M | $1.5M | 10x | |
| QFEX BMNR-USD | +0.0018% | 1h | 27.730 | −0.222% | $1.2M | $1.1M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.772 | −0.070% | $349K | $53K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.730 | −0.222% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.732 | −0.214% | $914K | $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 | 27.740 | −0.186% | $678K | $773K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.750 | −0.150% | $24K | $29K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
QFEX BMNR-USD
Lighter BMNR
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT