Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.167%
Price spread now: tradeXYZ against GRVT+0.032%106s7-day average −0.020% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.796%+$80 on $10k
+Price spread, last 3 days (all we have)−0.352%−$35 · spread now +0.032%, 7d avg −0.020%
=Together, before fees+0.444%+ Points / potential airdropGRVT: Active · tradeXYZ: Active · farm board+$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.051% dearer against GRVT than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.020%. The two prices were read 106 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 | 28.480 | 0 | get 0.0000% / 8h | 35m 51s | $5K | $190K | 10x |
| Short | tradeXYZ xyz:BMNR | 28.489 | 0.0050 | get 0.0006% / 1h | 35m 51s | $954K | $1.5M | 10x |
GRVT BMNR_USDT_Perp
tradeXYZ xyz:BMNRFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: +0.032% → −0.020%
- $5.13
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$11.37
- Costs to cover
- 0.270%
- Break-even
- 14.6 days
Slippage unknown: GRVT: live order book, 41 min ago; tradeXYZ: 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, 41 min ago | 3.54 bp | 11.5 bp −$12 | 98.8 bp −$988 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 0.70 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 | 28.490 | +0.035% | $54K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.465 | −0.052% | $40K | $462K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.463 | −0.058% | $22.6M | $55.3M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.478 | −0.007% | $3.4M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.480 | 0.000% | $3.7M | $6.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.480 | 0.000% | $3.8M | $10.2M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.490 | +0.035% | $2.0M | $1.1M | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.472 | −0.029% | $318K | $493K | — | as long as short |
| GRVT BMNR_USDT_Perplong | 0.0000% | 8h | 28.480 | long leg | $5K | $190K | 10x | |
| SunX BMNR-USDT | 0.0000% | 8h | 28.477 | −0.011% | $1K | $1.0M | 10x | as long as short |
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
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 | 28.454 | −0.091% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.470 | −0.035% | $1.6M | $1.5M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0002% | 8h | 28.470 | −0.035% | $213K | $58K | 20x | as long as short |
| QFEX BMNR-USD | +0.0004% | 1h | 28.480 | 0.000% | $1.2M | $1.8M | 10x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 28.468 | −0.042% | $337K | $25K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.550 | +0.246% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNRshort | +0.0050% | 1h | 28.489 | +0.032% | $954K | $1.5M | 10x | |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.440 | −0.140% | $37K | $26K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.470 | −0.035% | $705K | $775K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.480 | 0.000% | $25K | $82K | 50x | as long as short |
HTX BMNR-USDT
Phemex BMNRUSDT
BloFin BMNR-USDT
QFEX BMNR-USD
Lighter BMNR
Vest BMNR-USD-PERP
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT