Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: GRVT against KuCoin−0.072%7-day average +0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$667as in the Funding arb table
Net, price: spread back to 7d avg − costs−$678as in the Price arb table
costs, in and out, $10k−$6626.624% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)+0.300%+$30 · spread now −0.072%, 7d avg +0.081%
=Together, before fees+0.250%+ Points / potential airdropGRVT: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GRVT is 0.153% cheaper against KuCoin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.081%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BMNRUSDTM | 27.660 | 0.0100 | pay 0.0100% / 8h | 2h 06m | $676K | $736K | 20x |
| Short | GRVT BMNR_USDT_Perp | 27.640 | 0 | get 0.0000% / 8h | 2h 06m | $5K | $190K | 10x |
KuCoin BMNRUSDTM
GRVT BMNR_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against KuCoin. 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
- −$21
- Price spread: −0.072% → +0.081%
- −$15.32
- Slippage, 4 orders
- −$641.43
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$698.74
- Costs to cover
- 6.624%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 12 min ago; GRVT: live order book, 36 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 KuCoin live order book, 12 min ago | 20.02 bp | 302.4 bp −$302 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 36 min ago | 5.45 bp | 14.5 bp −$15 | 30.4 bp −$304 | 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 | −0.0872% | 8h | 27.694 | +0.123% | $1.8M | $1.3M | 20x | as long as short |
| Vest BMNR-USD-PERP | −0.0009% | 1h | 27.640 | −0.072% | — | $36K | 25x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.697 | +0.135% | $49K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.665 | +0.018% | $57K | $498K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.680 | +0.072% | $21.8M | $53.0M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.677 | +0.061% | $3.2M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 27.690 | +0.108% | $3.5M | $4.2M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 27.680 | +0.072% | $4.1M | $9.0M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.650 | −0.036% | $214K | $596K | — | as long as short |
| GRVT BMNR_USDT_Perpshort | 0.0000% | 8h | 27.640 | −0.072% | $5K | $190K | 10x |
Bitget BMNRUSDT
Vest BMNR-USD-PERP
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 | 27.691 | +0.112% | $1K | $867K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.692 | +0.116% | $6K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.680 | +0.072% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USD | +0.0013% | 1h | 27.660 | 0.000% | $1.2M | $1.1M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0023% | 8h | 27.660 | 0.000% | $205K | $52K | 20x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.684 | +0.087% | $346K | $56K | 10x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 27.676 | +0.058% | $910K | $1.4M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.610 | −0.181% | $36K | $15K | 5x | as long as short |
| KuCoin BMNRUSDTMlong | +0.0100% | 8h | 27.660 | long leg | $676K | $736K | 20x | |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.650 | −0.036% | $24K | $29K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
QFEX BMNR-USD
BloFin BMNR-USDT
Lighter BMNR
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
ApeX Omni BMNRUSDT