Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.155%
Price spread now: GRVT against Injective+2.782%7-day average +0.111% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.786%+$79 on $10k
+Price spread, last 4 days (all we have)−2.378%−$238 · spread now +2.782%, 7d avg +0.111%
=Together, before fees−1.592%+ Points / potential airdropGRVT: Active · farm board−$159 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GRVT is 2.671% dearer against Injective than usual: you sell high and buy low: +$267 more if the spread goes back to its 7-day average of +0.111%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective HBAR/USDC PERP | 0.09282 | 0.0033 | pay 0.0004% / 1h | 39m 06s | $1K | $96K | 12x |
| Short | GRVT HBAR_USDT_Perp | 0.09540 | 0.0100 | get 0.0100% / 8h | 7h 39m | $389K | $3.3M | 10x |
Injective HBAR/USDC PERP
GRVT HBAR_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
- $14
- Price spread: +2.782% → +0.111%
- $267.12
- 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
- $272.1
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; GRVT: live order book, 5 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, 5 min ago | 1.05 bp | 10.7 bp −$11 | 28.0 bp −$280 | 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.
HBAR on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0008% | 1h | 0.09595 | +3.370% | $11K | — | 150x | as long as short |
| Injective HBAR/USDC PERPlong | +0.0033% | 1h | 0.09282 | long leg | $1K | $96K | 12x | |
| Gate HBAR_USDT | +0.0083% | 8h | 0.09591 | +3.329% | $2.5M | $2.8M | 75x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0087% | 8h | 0.09597 | +3.394% | $2K | $12K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0088% | 1h | 0.09588 | +3.297% | $235K | $2.7M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09594 | +3.361% | $575K | $603K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09599 | +3.421% | $8.9M | $3.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09592 | +3.342% | $229K | $348K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09586 | +3.276% | $36.1M | $114.7M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09587 | +3.286% | $33.4M | $37.5M | 75x | as long as short |
gTrade (Gains Network) HBAR/USD
Gate HBAR_USDT
Orderly PERP_HBAR_USDC
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09590 | +3.318% | $6.8M | $26.9M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09592 | +3.340% | $26.7M | $20.3M | 200x | as long as short |
| KuCoin HBARUSDTM | +0.0100% | 8h | 0.09596 | +3.383% | $7.5M | $7.5M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09589 | +3.307% | $17.6M | $17.5M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09590 | +3.318% | — | $6.8M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09591 | +3.329% | $37K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09578 | +3.188% | $1.1M | $179K | — | as long as short |
| GRVT HBAR_USDT_Perpshort | +0.0100% | 8h | 0.09540 | +2.782% | $389K | $3.3M | 10x | |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09586 | +3.275% | $155K | $700K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09593 | +3.351% | $445 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09606 | +3.491% | $74K | $74K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09590 | +3.318% | $2.3M | $2.6M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09596 | +3.387% | $50K | $308K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0167% | 1h | 0.09601 | +3.437% | $529K | $177K | 50x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09591 | +3.329% | $1.6M | $5.9M | 90x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0282% | 1h | 0.09602 | +3.448% | $1.4M | $3.1M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0367% / S −0.0286% | 1h | 0.09593 | +3.346% | $84K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.0925% | 1h | 0.09596 | +3.379% | $31K | $11K | 5x | as long as short |
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
KuCoin HBARUSDTM
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
Variational Omni HBAR
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD