Funding you earn now, next payment 06:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.012%
Price spread now: GRVT against Injective+0.096%7-day average −0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$1101.100% of the position
Funding, last 7 days−0.300%−$30 on $10k
+Price spread, last 4 days (all we have)−0.366%−$37 · spread now +0.096%, 7d avg −0.113%
=Together, before fees−0.666%+ Points / potential airdropGRVT: Active · farm board−$67 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.209% dearer against Injective than usual: you sell high and buy low (spread +0.096% now, against its 7-day average of −0.113%): +$21 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 2 months. At the pace of the last 7 days (−0.300% in total) that is about 4.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ATOM/USDC PERP | 1.7680 | 0.0110 | pay 0.0014% / 1h | 32m 23s | $645 | $290K | 12x |
| Short | GRVT ATOM_USDT_Perp | 1.7697 | 0.0100 | get 0.0100% / 8h | 2h 32m | $755K | $2.7M | 10x |
Injective ATOM/USDC PERP
GRVT ATOM_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
- −$2.12
- Price spread: +0.096% → −0.113%
- $20.89
- Slippage, 4 orders
- −$101.01
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$91.26
- Costs to cover
- 1.100%
- Break-even
- never at this rate
Slippage from Injective: live order book, 2 min ago; GRVT: live order book, 1 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 Injective live order book, 2 min ago | 36.80 bp | 36.8 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 5.66 bp | 13.0 bp −$13 | 46.6 bp −$466 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ATOM-USD | 0.0000% | 1h | 1.7667 | −0.073% | $62K | $5K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.7660 | −0.113% | $485 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7666 | −0.082% | $784 | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.7860 | +1.018% | $24K | $4K | 25x | as long as short |
| Variational Omni ATOM | +0.0039% | 8h | 1.7682 | +0.013% | $561K | $78K | — | as long as short |
| BloFin ATOM-USDT | +0.0085% | 8h | 1.7680 | 0.000% | $1.1M | $352K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7665 | −0.085% | $2.7M | $727K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7645 | −0.200% | $959K | $201K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7671 | −0.052% | $21.2M | $32.4M | 75x | as long as short |
| Bybit ATOMUSDT | +0.0100% | 8h | 1.7668 | −0.068% | $14.5M | $10.3M | 75x | as long as short |
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Bybit ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7640 | −0.226% | $4.9M | $5.8M | 50x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7660 | −0.113% | $2.4M | $851K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7660 | −0.113% | $8.5M | $5.2M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7670 | −0.057% | $1.6M | $698K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7667 | −0.074% | $6.6M | $3.1M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7650 | −0.170% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7740 | +0.337% | $436K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perpshort | +0.0100% | 8h | 1.7697 | +0.096% | $755K | $2.7M | 10x | |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7655 | −0.141% | $308K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7670 | −0.057% | $1.5M | $2.0M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7675 | −0.029% | $10K | $236K | 10x | as long as short |
| Injective ATOM/USDC PERPlong | +0.0110% | 1h | 1.7680 | long leg | $645 | $290K | 12x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1340% | 1h | 1.7662 | −0.102% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7647 | −0.186% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0558% | 1h | 1.7672 | −0.046% | $2.9M | $846K | 50x | as long as short |
OKX ATOM-USDT-SWAP
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP
Kraken Futures PF_ATOMUSD