Settings8H · net · $10k
Funding arb · Price arb /

BMNR

RWAall BMNR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −1.9% APRpaid last 24h −0.006%
Price spread now: GRVT against QFEX+0.114%57s7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$500.499% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.037%+$4 on $10k
Price spread, last 4 days (all we have)+0.329%+$33 · spread now +0.114%, 7d avg +0.039%
Together, before fees+0.366%+ Points / potential airdropGRVT: Active · farm board+$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.075% dearer against QFEX than usual: you sell high and buy low (spread +0.114% now, against its 7-day average of +0.039%): +$7 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. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BMNR-USD27.7600.0018pay 0.0002% / 1h20m 27s$1.2M$1.1M10x
ShortGRVT BMNR_USDT_Perp27.7920get 0.0000% / 8h4h 20m$6K$182K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against QFEX. 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

Funding earned
−$3.73
Price spread: +0.114% → +0.039%
$7.45
Slippage, 4 orders
−$30.93
Fee QFEX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$46.21
Costs to cover
0.499%
Break-even
never at this rate
Slippage from QFEX: live order book, 1 min ago; GRVT: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 1 min ago3.60 bp12.2 bp −$1217.0 bp −$170doesn't fitdoesn't fit
Sell GRVT live order book, 32 min ago5.39 bp15.5 bp −$1657.4 bp −$574doesn't fitdoesn't fit

BMNR on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BMNRUSDT−0.0735%8h27.794+0.122%$1.9M$934K20xas long as short
Aster BMNRUSDT0.0000%8h27.756−0.014%$49K$101K20xas long as short
Extended BMNR-USD0.0000%1h27.764+0.014%$53K$625K10xas long as short
Binance BMNRUSDT0.0000%8h27.758−0.006%$22.0M$52.8M25xas long as short
Bybit BMNRUSDT0.0000%8h27.762+0.007%$3.2M$2.0M25xas long as short
OKX BMNR-USDT-SWAP0.0000%8h27.790+0.108%$3.5M$4.2M20xas long as short
Gate BMNR_USDT0.0000%8h27.7600.000%$4.2M$9.3M50xas long as short
Variational Omni BMNR0.0000%8h27.7600.000%$324K$504Kas long as short
GRVT BMNR_USDT_Perpshort0.0000%8h27.792+0.114%$6K$182K10x
SunX BMNR-USDT0.0000%8h27.765+0.018%$1K$888K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BMNR-USDT0.0000%8h27.792+0.115%$5K$40K20xas long as short
Phemex BMNRUSDT0.0000%8h27.7600.000%$1.6M$1.5M10xas long as short
BloFin BMNR-USDT+0.0013%8h27.770+0.036%$209K$52K20xas long as short
QFEX BMNR-USDlong+0.0018%1h27.760long leg$1.2M$1.1M10x
Lighter BMNR+0.0032%1h27.779+0.068%$349K$53K10xas long as short
Vest BMNR-USD-PERP+0.0046%1h27.740−0.072%$36K25xas long as short
tradeXYZ xyz:BMNR+0.0050%1h27.7600.000%$915K$1.5M10xas long as short
Ondo Perps BMNR-USD.P+0.0050%1h27.790+0.108%$36K$15K5xas long as short
KuCoin BMNRUSDTM+0.0100%8h27.7600.000%$679K$774K20xas long as short
ApeX Omni BMNRUSDT+0.0100%1h27.750−0.036%$24K$29K50xas long as short