Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Binance−6.375%107s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 6.375% cheaper against Binance than usual: you would sell low and buy high (−$637 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GRTUSDT | 0.02368 | 0.0100 | pay 0.0100% / 8h | 4h 29m | $3.6M | $8.5M | 75x |
| Short | Injective GRT/USDC PERP | 0.02217 | 0.0033 | get 0.0004% / 1h | 29m 40s | — | $8K | 5.5x |
Binance GRTUSDT
Injective GRT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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
- −$14
- Price spread: −6.375% → 0.000%
- −$637.46
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$661.48
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 10 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 Binance live order book, 10 min ago | 2.13 bp | 21.3 bp −$21 | 69.6 bp −$696 | 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.
GRT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GRT | −0.0147% | 8h | 0.02361 | −0.311% | $115K | $100K | — | as long as short |
| Injective GRT/USDC PERPshort | +0.0033% | 1h | 0.02217 | −6.375% | — | $8K | 5.5x | |
| Bybit GRTUSDT | +0.0086% | 8h | 0.02365 | −0.124% | $2.9M | $2.2M | 75x | as long as short |
| BloFin GRT-USDT | +0.0088% | 8h | 0.02360 | −0.336% | $180K | $224K | 75x | as long as short |
| Binance GRTUSDTlong | +0.0100% | 8h | 0.02368 | long leg | $3.6M | $8.5M | 75x | |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02369 | +0.044% | $644K | $791K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02369 | +0.044% | $459K | $421K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02369 | +0.044% | $1.9M | $1.1M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02368 | +0.002% | $1.1M | $674K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02368 | +0.002% | $2.4M | $695K | 75x | as long as short |
Variational Omni GRT
Bybit GRTUSDT
BloFin GRT-USDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDT
KuCoin GRTUSDTM
Bitget GRTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRT-USDT | +0.0100% | 8h | 0.02365 | −0.124% | — | $2.4M | — | as long as short |
| Kraken Futures PF_GRTUSD | +0.0113% | 1h | 0.02369 | +0.053% | $289K | $62K | 20x | as long as short |
BingX GRT-USDT
Kraken Futures PF_GRTUSD