Funding you earn now, next payment 05:00 UTC+0.0012%/8h= +1.4% APRpaid last 24h +0.005%
Price spread now: QFEX against GRVT−0.360%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$510.509% of the position
Funding, last 4 days (all we have)−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.360%, 7d avg −0.037%
=Together, before fees−0.009%+ Points / potential airdropGRVT: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.323% cheaper against GRVT than usual: you would sell low and buy high (spread −0.360% now, against its 7-day average of −0.037%). If the spread goes back, that is −$32 on $10k: about 3 months of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BMNR_USDT_Perp | 27.770 | 0 | get 0.0000% / 8h | 3h 25m | $6K | $187K | 10x |
| Short | QFEX BMNR-USD | 27.670 | 0.0012 | get 0.0002% / 1h | 25m 31s | $1.2M | $1.1M | 10x |
GRVT BMNR_USDT_Perp
QFEX BMNR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $2.62
- Price spread: −0.360% → −0.037%
- −$32.34
- Slippage, 4 orders
- −$31.89
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$80.61
- Costs to cover
- 0.509%
- Break-even
- 222.3 days
Slippage from GRVT: live order book, 22 min ago; QFEX: live order book, 1 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, 22 min ago | 5.39 bp | 12.5 bp −$12 | 87.9 bp −$879 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 1 min ago | 3.61 bp | 12.2 bp −$12 | 16.1 bp −$161 | 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 | −0.0564% | 8h | 27.706 | −0.230% | $1.9M | $921K | 20x | as long as short |
| BloFin BMNR-USDT | −0.0017% | 8h | 27.760 | −0.036% | $209K | $52K | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.709 | −0.219% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.682 | −0.316% | $57K | $622K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.680 | −0.323% | $21.9M | $52.2M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.674 | −0.346% | $3.2M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.700 | −0.252% | $3.5M | $4.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.700 | −0.252% | $4.2M | $9.0M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.700 | −0.252% | $323K | $504K | — | as long as short |
| GRVT BMNR_USDT_Perplong | 0.0000% | 8h | 27.770 | long leg | $6K | $187K | 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 | 27.749 | −0.076% | $1K | $867K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.716 | −0.194% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.700 | −0.252% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USDshort | +0.0012% | 1h | 27.670 | −0.360% | $1.2M | $1.1M | 10x | |
| Lighter BMNR | +0.0032% | 1h | 27.681 | −0.320% | $348K | $52K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 27.650 | −0.432% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.669 | −0.364% | $911K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.750 | −0.072% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.690 | −0.288% | $676K | $762K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.730 | −0.144% | $24K | $29K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
Lighter BMNR
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT