Funding you earn now, next payment 23:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.001%
Price spread now: GRVT against Injective−1.023%7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. GRVT is 1.023% cheaper against Injective than usual: you would sell low and buy high (spread −1.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$102 on $10k: about 24 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.105% in total) that is about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective DOT/USDC PERP | 1.2020 | −0.0040 | get 0.0005% / 1h | 56m 26s | $328 | $121K | 12x |
| Short | GRVT DOT_USDT_Perp | 1.1897 | 0.0100 | get 0.0100% / 8h | 1h 56m | $230K | $469K | 10x |
Injective DOT/USDC PERP
GRVT DOT_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
- $29.41
- Price spread: −1.023% → 0.000%
- −$102.28
- 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
- −$81.89
- Costs to cover
- 0.090%
- Break-even
- 26.5 days
Slippage unknown: Injective: no order-book sample; GRVT: live order book, 26 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, 26 min ago | 16.64 bp | 29.4 bp −$29 | 176.4 bp −$1,764 | 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.
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 | −0.0838% | 1h | 1.1934 | −0.715% | $218K | $117K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1959 | −0.506% | $259 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.1900 | −0.998% | $183K | $1.8M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0054% | 1h | 1.1937 | −0.692% | $4.5M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERPlong | −0.0040% | 1h | 1.2020 | long leg | $328 | $121K | 12x | |
| OKX DOT-USDT-SWAP | −0.0024% | 8h | 1.1964 | −0.466% | $9.4M | $23.4M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1963 | −0.475% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1971 | −0.406% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0017% | 8h | 1.1965 | −0.458% | $6.8M | $8.7M | 75x | as long as short |
| Extended DOT-USD | +0.0048% | 1h | 1.1958 | −0.515% | $15K | $235K | 25x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
Kraken Futures PF_DOTUSD
OKX DOT-USDT-SWAP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
Extended DOT-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DOT_USDT | +0.0050% | 8h | 1.1970 | −0.416% | $36.0M | $35.6M | 300x | as long as short |
| Binance DOTUSDT | +0.0050% | 8h | 1.1966 | −0.452% | $44.1M | $80.6M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1961 | −0.489% | $251K | $593K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1973 | −0.391% | $5.3M | $3.2M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1947 | −0.604% | $887K | $649K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1962 | −0.483% | $24.5M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1960 | −0.499% | $6.8M | $11.3M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1970 | −0.416% | $22.9M | $14.0M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1964 | −0.466% | — | $28.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1937 | −0.691% | $99K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1901 | −0.989% | $541K | $92K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1893 | −1.054% | $35K | $331K | 20x | as long as short |
| GRVT DOT_USDT_Perpshort | +0.0100% | 8h | 1.1897 | −1.023% | $230K | $469K | 10x | |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1960 | −0.499% | $8K | $25K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1927 | −0.774% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1892 | −1.065% | $245K | $219K | 75x | as long as short |
| BloFin DOT-USDT | +0.0170% | 8h | 1.1929 | −0.757% | $2.3M | $762K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0297% / S −0.0774% | 1h | 1.1975 | −0.373% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0359% | 8h | 1.1930 | −0.749% | $2.2M | $2.1M | 50x | as long as short |
MEXC DOT_USDT
Binance DOTUSDT
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
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