TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.000004352+0.0100pay 0.0100% / 8h2h 51m$1.0M$2.3M10xLong GRVT
SHORT0.000004339+0.0033get 0.0004% / 1h51m 36s$15K$55K10xShort Injective
Price gap−0.318%
Funding gap−0.0067% /8h

Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.318% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$56−0.0067% /8h now · paid +0.555% over the last 7D
Price—spread −0.318% now · no price history on both exchanges yet
Costsno datano order book for Injective
Result, before costs—+ Points / potential airdropGRVT: points · farm boardneeds both price histories

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.318%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PEPE on 39 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Note: Order book unknown—
    No order-book sample for Injective: its slippage is not counted.
  • Note: Margin at max leverage$1,000 + $1,000
    GRVT 10x, Injective 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$2.00Long GRVT: 3 payments, −$3.00; short Injective: 24 payments, +$1.00.
  • Note: No 7-day spread history−0.318%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$15K vs $1.0M OI
    Injective sets your exit cost. Check its book before closing.
  • OK: Points on a legGRVT points
    Volume here counts toward the points program.
  • OK: No KYC on either legGRVT No · Injective No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0264%/8h × 21 periods+$55.54
Price spread−0.318% → 0−$31.75
Slippage, 4 ordersno data for Injective—
Fee GRVT bp × 2 orders−$9.00
Fee Injective bp × 2 orders−$0.02
Net, fees only · 7 days · $10k+$14.76
Costs to cover0.090%Break-even5.1 days
Slippage: GRVT: live order book, 1 min ago; Injective: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGGRVT2.538.1 bp−$814.8 bp−$148doesn’t fitdoesn’t fit
SELL · SHORTInjective—————

Closing costs about the same again.
Injective: no data.

Alert

PEPE news

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