Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Bybit−4.109%98s7-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 4.109% cheaper against Bybit than usual: you would sell low and buy high (−$411 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 98 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 | Bybit GRTUSDT | 0.02312 | 0.0100 | pay 0.0100% / 8h | 2h 37m | $2.8M | $2.6M | 75x |
| Short | Injective GRT/USDC PERP | 0.02217 | 0.0033 | get 0.0004% / 1h | 37m 37s | — | $8K | 5.5x |
Bybit GRTUSDT
Injective GRT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bybit. 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: −4.109% → 0.000%
- −$410.9
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$435.92
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 2.16 bp | 28.2 bp −$28 | 51.6 bp −$516 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GRT | −0.0177% | 8h | 0.02312 | −0.021% | $111K | $108K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02316 | +0.185% | $633 | — | 150x | as long as short |
| Injective GRT/USDC PERPshort | +0.0033% | 1h | 0.02217 | −4.109% | — | $8K | 5.5x | |
| Binance GRTUSDT | +0.0100% | 8h | 0.02315 | +0.130% | $3.6M | $9.4M | 75x | as long as short |
| Bybit GRTUSDTlong | +0.0100% | 8h | 0.02312 | long leg | $2.8M | $2.6M | 75x | |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02312 | 0.000% | $617K | $926K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02314 | +0.087% | $449K | $446K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02314 | +0.087% | $1.8M | $1.2M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02313 | +0.043% | $1.0M | $667K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02314 | +0.087% | $2.3M | $929K | 75x | as long as short |
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Binance GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDT
KuCoin GRTUSDTM
Bitget GRTUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRT-USDT | +0.0100% | 8h | 0.02314 | +0.087% | — | $2.4M | — | as long as short |
| BloFin GRT-USDT | +0.0111% | 8h | 0.02313 | +0.043% | $178K | $230K | 75x | as long as short |
| Kraken Futures PF_GRTUSD | +0.3563% | 1h | 0.02317 | +0.208% | $288K | $70K | 20x | as long as short |
BingX GRT-USDT
BloFin GRT-USDT
Kraken Futures PF_GRTUSD