Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against BingX−7.625%102s7-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 7.625% cheaper against BingX than usual: you would sell low and buy high (−$763 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 102 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 | BingX GRT-USDT | 0.02400 | 0.0100 | pay 0.0100% / 8h | 5h 17m | — | $2.4M | — |
| Short | Injective GRT/USDC PERP | 0.02217 | 0.0033 | get 0.0004% / 1h | 17m 39s | — | $8K | 5.5x |
BingX GRT-USDT
Injective GRT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BingX. 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: −7.625% → 0.000%
- −$762.5
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$786.52
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 7 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 BingX live order book, 7 min ago | 6.28 bp | 21.1 bp −$21 | 50.0 bp −$500 | 391.8 bp −$39.2K | 468.9 bp −$234.5K |
| 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 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GRTUSD | −0.1335% | 1h | 0.02403 | +0.114% | $293K | $56K | 20x | as long as short |
| Variational Omni GRT | −0.0112% | 8h | 0.02394 | −0.268% | $108K | $91K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02402 | +0.098% | $657 | — | 150x | as long as short |
| Injective GRT/USDC PERPshort | +0.0033% | 1h | 0.02217 | −7.625% | — | $8K | 5.5x | |
| BloFin GRT-USDT | +0.0093% | 8h | 0.02398 | −0.083% | $181K | $230K | 75x | as long as short |
| Binance GRTUSDT | +0.0100% | 8h | 0.02403 | +0.125% | $3.7M | $8.5M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02400 | 0.000% | $2.9M | $2.2M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02403 | +0.125% | $647K | $849K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02404 | +0.167% | $466K | $429K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02402 | +0.083% | $2.0M | $1.2M | 200x | as long as short |
Kraken Futures PF_GRTUSD
Variational Omni GRT
gTrade (Gains Network) GRT/USD
BloFin GRT-USDT
Binance GRTUSDT
Bybit GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02402 | +0.083% | $1.1M | $642K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02400 | 0.000% | $2.4M | $707K | 75x | as long as short |
| BingX GRT-USDTlong | +0.0100% | 8h | 0.02400 | long leg | — | $2.4M | — |
KuCoin GRTUSDTM
Bitget GRTUSDT