Funding arb · Price arb /

BMNR

RWAall BMNR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h −0.053%

Price spread now: SunX against GRVT−0.241%7-day average −0.069% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.110%−$11 on $10k

Price spread, last 3 days (all we have)+0.139%+$14 · spread now −0.241%, 7d avg −0.069%

Together, before fees+0.028%+ Points / potential airdropGRVT: Active · farm board+$3 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: SunX is 0.173% cheaper against GRVT than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.069%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT BMNR_USDT_Perp	28.117	0	get 0.0000% / 8h	4h 05m	$6K	$194K	10x
Short	SunX BMNR-USDT	28.049	0	get 0.0000% / 8h	4h 05m	$1K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.241%Rate

Funding earned: $0
Price spread: −0.241% → −0.069%: −$17.26
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$34.26
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 26 min ago; SunX: live order book, 2 min ago. Net counts fees only.

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, 26 min ago	5.31 bp	12.8 bp −$13	36.5 bp −$365	doesn't fit	doesn't fit
Sell SunX live order book, 2 min ago	500.16 bp	doesn't fit	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
Aster BMNRUSDT	0.0000%	8h	28.033	−0.298%	$53K	$97K	20x	as long as short
Extended BMNR-USD	0.0000%	1h	28.022	−0.337%	$39K	$462K	10x	as long as short
Binance BMNRUSDT	0.0000%	8h	28.020	−0.344%	$22.9M	$52.5M	25x	as long as short
Bybit BMNRUSDT	0.0000%	8h	28.030	−0.309%	$3.4M	$2.0M	25x	as long as short
OKX BMNR-USDT-SWAP	0.0000%	8h	28.030	−0.309%	$3.6M	$5.7M	20x	as long as short
Gate BMNR_USDT	0.0000%	8h	28.030	−0.309%	$3.8M	$10.3M	50x	as long as short
Bitget BMNRUSDT	0.0000%	8h	28.037	−0.284%	$2.0M	$1.1M	20x	as long as short
Variational Omni BMNR	0.0000%	8h	28.085	−0.114%	$300K	$373K	—	as long as short
GRVT BMNR_USDT_Perplong	0.0000%	8h	28.117	long leg	$6K	$194K	10x
SunX BMNR-USDTshort	0.0000%	8h	28.049	−0.241%	$1K	$1.0M	10x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BMNR-USDT	0.0000%	8h	28.080	−0.131%	$6K	$39K	20x	as long as short
Phemex BMNRUSDT	0.0000%	8h	28.020	−0.344%	$1.6M	$1.4M	10x	as long as short
QFEX BMNR-USD	+0.0005%	1h	28.060	−0.202%	$1.2M	$1.7M	10x	as long as short
BloFin BMNR-USDT	+0.0013%	8h	28.040	−0.273%	$212K	$54K	20x	as long as short
Lighter BMNR	+0.0032%	1h	28.053	−0.227%	$333K	$25K	10x	as long as short
Vest BMNR-USD-PERP	+0.0046%	1h	28.070	−0.166%	—	$2K	25x	as long as short
Ondo Perps BMNR-USD.P	+0.0050%	1h	28.040	−0.273%	$36K	$31K	5x	as long as short
KuCoin BMNRUSDTM	+0.0100%	8h	28.020	−0.344%	$695K	$695K	20x	as long as short
ApeX Omni BMNRUSDT	+0.0100%	1h	28.090	−0.095%	$28K	$171K	50x	as long as short
tradeXYZ xyz:BMNR	+0.0170%	1h	28.020	−0.344%	$1.0M	$1.4M	10x	as long as short