Funding you earn now, next payment 23:00 UTC−0.0188%/8h= −20.6% APRpaid last 24h −0.005%
Price spread now: GRVT against Injective+0.336%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. GRVT is 0.336% dearer against Injective than usual: you sell high and buy low (spread +0.336% now, against zero (this spread has no 7-day history yet)): +$34 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 5.9 days. Mind the row above: over the last 7 days funding on this pair paid +0.083%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.083% in total (about 4.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ADA/USDC PERP | 0.2445 | 0.0288 | pay 0.0036% / 1h | 54m 55s | $840 | $168K | 12x |
| Short | GRVT ADA_USDT_Perp | 0.2453 | 0.0100 | get 0.0100% / 8h | 1h 54m | $296K | $3.9M | 10x |
Injective ADA/USDC PERP
GRVT ADA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Injective. 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
- −$39.51
- Price spread: +0.336% → 0.000%
- $33.57
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$14.96
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; GRVT: live order book, 4 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 Injective no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 4 min ago | 2.04 bp | 6.5 bp −$7 | 25.7 bp −$257 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ADA on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2461 | +0.645% | $202K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2462 | +0.695% | $162K | $5.8M | 3.2x | as long as short |
| Deribit ADA_USDC-PERPETUAL | 0.0000% | 1h | 0.2465 | +0.822% | $479K | $351K | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2464 | +0.762% | $85K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0064% | 1h | 0.2461 | +0.654% | $409K | $7.2M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0094% | 1h | 0.2464 | +0.791% | $6.2M | $11.4M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2466 | +0.867% | $2.4M | $1.3M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2465 | +0.834% | $42.7M | $14.6M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2465 | +0.818% | $1.2M | $998K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2463 | +0.727% | $158K | $147K | 10x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
Deribit ADA_USDC-PERPETUAL
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADAShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | +0.0100% | 8h | 0.2464 | +0.777% | $102.1M | $355.7M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2464 | +0.777% | $70.9M | $99.6M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2465 | +0.818% | $32.0M | $105.7M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2463 | +0.736% | $97.1M | $57.3M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2464 | +0.777% | $53.1M | $50.0M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2464 | +0.781% | $30.4M | $18.2M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2464 | +0.777% | $65.9M | $42.8M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2464 | +0.777% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2465 | +0.838% | $101K | $415K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2460 | +0.625% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2450 | +0.201% | $65K | $278K | 20x | as long as short |
| GRVT ADA_USDT_Perpshort | +0.0100% | 8h | 0.2453 | +0.336% | $296K | $3.9M | 10x | |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2455 | +0.409% | $55K | $579K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2465 | +0.818% | $97K | $624K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2464 | +0.777% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2464 | +0.774% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2465 | +0.816% | $9K | $755K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2464 | +0.757% | $339 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2466 | +0.870% | $1.3M | $5.0M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2464 | +0.777% | $48.1M | $5.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2463 | +0.738% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2464 | +0.781% | $559K | $1.8M | 50x | as long as short |
| Phoenix ADA | +0.0195% | 1h | 0.2454 | +0.372% | $4K | $74K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2466 | +0.859% | $4.4M | $5.5M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0286% | 1h | 0.2465 | +0.828% | $1K | — | 15x | as long as short |
| Injective ADA/USDC PERPlong | +0.0288% | 1h | 0.2445 | long leg | $840 | $168K | 12x | |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0566% / S −0.0313% | 1h | 0.2464 | +0.757% | $122K | — | 100x | as long as short |
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]