Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: GRVT against Lighter+0.222%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$720.718% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 3 days (all we have)+0.079%+$8 · spread now +0.222%, 7d avg +0.091%
=Together, before fees+0.126%+ Points / potential airdropLighter: Season 3 · GRVT: Active · farm board+$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.130% dearer against Lighter than usual: you sell high and buy low (spread +0.222% now, against its 7-day average of +0.091%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BMNR | 28.437 | 0.0032 | pay 0.0004% / 1h | 53m 17s | $336K | $24K | 10x |
| Short | GRVT BMNR_USDT_Perp | 28.500 | 0 | get 0.0000% / 8h | 7h 53m | $6K | $186K | 10x |
Lighter BMNR
GRVT BMNR_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Lighter. 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
- −$6.72
- Price spread: +0.222% → +0.091%
- $13.03
- Slippage, 4 orders
- −$62.84
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$65.53
- Costs to cover
- 0.718%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 11 min ago; GRVT: live order book, 15 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 Lighter live order book, 11 min ago | 21.93 bp | 21.9 bp −$22 | 288.6 bp −$2,886 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 15 min ago | 5.27 bp | 10.4 bp −$10 | 32.7 bp −$327 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BMNR-USDT | −0.0014% | 8h | 28.450 | +0.046% | $212K | $58K | 20x | as long as short |
| QFEX BMNR-USD | −0.0001% | 1h | 28.420 | −0.060% | $1.2M | $1.8M | 10x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 28.458 | +0.075% | $54K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.429 | −0.028% | $39K | $463K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.436 | −0.005% | $22.5M | $55.2M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.446 | +0.032% | $3.4M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.440 | +0.011% | $3.6M | $6.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.450 | +0.046% | $4.0M | $9.5M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.448 | +0.039% | $2.0M | $1.1M | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.461 | +0.085% | $318K | $493K | — | as long as short |
BloFin BMNR-USDT
QFEX BMNR-USD
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
Variational Omni BMNRShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BMNR_USDT_Perpshort | 0.0000% | 8h | 28.500 | +0.222% | $6K | $186K | 10x | |
| SunX BMNR-USDT | 0.0000% | 8h | 28.503 | +0.232% | $821 | $997K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 28.425 | −0.042% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.420 | −0.060% | $1.6M | $1.5M | 10x | as long as short |
| Lighter BMNRlong | +0.0032% | 1h | 28.437 | long leg | $336K | $24K | 10x | |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.460 | +0.081% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 28.415 | −0.077% | $966K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.390 | −0.165% | $37K | $22K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.440 | +0.011% | $705K | $768K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.490 | +0.186% | $25K | $63K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT