Funding you earn now, next payment 22:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.001%
Price spread now: Injective against GRVT+0.119%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−0.105%−$11 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Injective is 0.119% dearer against GRVT than usual: you sell high and buy low (spread +0.119% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−0.105% in total) that is about 7.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT DOT_USDT_Perp | 1.1806 | 0.0100 | pay 0.0100% / 8h | 2h 41m | $229K | $469K | 10x |
| Short | Injective DOT/USDC PERP | 1.1820 | −0.0080 | pay 0.0010% / 1h | 41m 01s | $323 | $83K | 12x |
GRVT DOT_USDT_Perp
Injective DOT/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
- −$37.75
- Price spread: +0.119% → 0.000%
- $11.87
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$34.91
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: GRVT: live order book, 46 min ago; Injective: no order-book sample. 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 GRVT live order book, 46 min ago | 4.21 bp | 82.1 bp −$82 | 163.6 bp −$1,636 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.
DOT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.0760% | 1h | 1.1870 | +0.542% | $217K | $118K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1856 | +0.426% | $257 | — | — | as long as short |
| Kraken Futures PF_DOTUSD | −0.0129% | 1h | 1.1866 | +0.511% | $4.4M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERPshort | −0.0080% | 1h | 1.1820 | +0.119% | $323 | $83K | 12x | |
| Coinbase International DOT-PERP-INTX | −0.0064% | 1h | 1.1850 | +0.373% | $189K | $1.8M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0039% | 8h | 1.1863 | +0.483% | $9.3M | $22.9M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1859 | +0.445% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1863 | +0.482% | $3K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0039% | 8h | 1.1859 | +0.449% | $6.7M | $8.6M | 75x | as long as short |
| Backpack DOT_USDC_PERP | +0.0066% | 1h | 1.1864 | +0.491% | $95K | $120K | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Kraken Futures PF_DOTUSD
Coinbase International DOT-PERP-INTX
OKX DOT-USDT-SWAP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
Backpack DOT_USDC_PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DOT_USDT | +0.0089% | 8h | 1.1863 | +0.483% | $32.0M | $34.0M | 300x | as long as short |
| Binance DOTUSDT | +0.0092% | 8h | 1.1863 | +0.485% | $43.8M | $79.7M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1860 | +0.459% | $259K | $563K | 10x | as long as short |
| Extended DOT-USD | +0.0096% | 1h | 1.1855 | +0.414% | $15K | $240K | 25x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1870 | +0.542% | $5.3M | $3.1M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1851 | +0.384% | $888K | $647K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1861 | +0.466% | $24.4M | $17.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1860 | +0.457% | $6.8M | $11.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1863 | +0.483% | $22.8M | $13.4M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1863 | +0.483% | — | $28.5M | — | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1795 | −0.097% | $537K | $91K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1806 | +0.002% | $34K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perplong | +0.0100% | 8h | 1.1806 | long leg | $229K | $469K | 10x | |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1850 | +0.373% | $8K | $27K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1877 | +0.601% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1820 | +0.119% | $245K | $206K | 75x | as long as short |
| BloFin DOT-USDT | +0.0212% | 8h | 1.1862 | +0.474% | $2.3M | $755K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0300% / S −0.1014% | 1h | 1.1864 | +0.491% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0393% | 8h | 1.1870 | +0.542% | $2.2M | $2.1M | 50x | as long as short |
MEXC DOT_USDT
Binance DOTUSDT
Lighter DOT
Extended DOT-USD
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Variational Omni DOT
edgeX DOTUSDC
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT