Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.6% APRpaid last 24h +0.013%
Price spread now: Injective against GRVT+0.440%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$1091.087% of the position
Funding, last 7 days+0.298%+$30 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.440%, 7d avg +0.108%
=Together, before fees+0.373%+ Points / potential airdropGRVT: Active · farm board+$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.331% dearer against GRVT than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.108%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ATOM_USDT_Perp | 1.8160 | 0.0100 | pay 0.0100% / 8h | 5h 19m | $776K | $2.7M | 10x |
| Short | Injective ATOM/USDC PERP | 1.8240 | 0.0132 | get 0.0017% / 1h | 19m 18s | $665 | $290K | 12x |
GRVT ATOM_USDT_Perp
Injective ATOM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $6.82
- Price spread: +0.440% → +0.108%
- $33.14
- Slippage, 4 orders
- −$99.65
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$68.7
- Costs to cover
- 1.087%
- Break-even
- 77.5 days
Slippage from GRVT: live order book, 4 min ago; Injective: live order book, 30 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 GRVT live order book, 4 min ago | 8.25 bp | 12.8 bp −$13 | 38.7 bp −$387 | 5479.0 bp −$547.9K | doesn't fit |
| Sell Injective live order book, 30 min ago | 36.20 bp | 36.2 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
ATOM on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ATOM-PERP-INTX | −0.0224% | 1h | 1.7940 | −1.212% | $25K | $6K | 25x | as long as short |
| Variational Omni ATOM | −0.0066% | 8h | 1.8212 | +0.283% | $582K | $74K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0048% | 8h | 1.8220 | +0.329% | $5.1M | $5.6M | 50x | as long as short |
| Bybit ATOMUSDT | −0.0012% | 8h | 1.8220 | +0.329% | $15.2M | $9.9M | 75x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8227 | +0.370% | $64K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8233 | +0.401% | $501 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8229 | +0.376% | $809 | — | 150x | as long as short |
| BloFin ATOM-USDT | +0.0081% | 8h | 1.8220 | +0.329% | $1.1M | $312K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8223 | +0.346% | $2.8M | $748K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8220 | +0.329% | $987K | $239K | 20x | as long as short |
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
OKX ATOM-USDT-SWAP
Bybit ATOMUSDT
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8234 | +0.406% | $21.7M | $30.0M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8220 | +0.329% | $2.5M | $829K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8230 | +0.384% | $8.6M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8240 | +0.440% | $1.6M | $689K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8226 | +0.362% | $6.8M | $2.7M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8220 | +0.329% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8229 | +0.380% | $449K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perplong | +0.0100% | 8h | 1.8160 | long leg | $776K | $2.7M | 10x | |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8205 | +0.247% | $317K | $180K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8230 | +0.384% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8225 | +0.356% | $7K | $205K | 10x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0122% | 1h | 1.8247 | +0.477% | $3.1M | $719K | 50x | as long as short |
| Injective ATOM/USDC PERPshort | +0.0132% | 1h | 1.8240 | +0.440% | $665 | $290K | 12x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8234 | +0.404% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8226 | +0.362% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Kraken Futures PF_ATOMUSD
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP