Funding you earn now, next payment 23:00 UTC+0.3474%/8h= +380.4% APRpaid last 24h +1.294%
Price spread now: GRVT against Injective+1.709%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+4.741%+$474 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$104 a day on $10k at the current rate, and GRVT is 1.709% dearer against Injective than usual: you sell high and buy low: +$171 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective POPCAT/USDC PERP | 0.05443 | −0.3374 | get 0.0422% / 1h | 36m 53s | $3K | $2K | 5.5x |
| Short | GRVT POPCAT_USDT_Perp | 0.05536 | 0.0100 | get 0.0050% / 4h | 1h 36m | $245K | $490K | 10x |
Injective POPCAT/USDC PERP
GRVT POPCAT_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
- $729.58
- Price spread: +1.709% → 0.000%
- $170.86
- 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
- $891.42
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; GRVT: live order book, 46 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, 46 min ago | 5.43 bp | 77.8 bp −$78 | doesn't fit | 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.
POPCAT on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective POPCAT/USDC PERPlong | −0.3374% | 1h | 0.05443 | long leg | $3K | $2K | 5.5x | |
| Kraken Futures PF_POPCATUSD | −0.0929% | 1h | 0.05502 | +1.085% | $141K | $114K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05514 | +1.295% | $1 | — | 10x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05510 | +1.231% | $100K | $45K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05511 | +1.249% | $2.3M | $6.3M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05503 | +1.102% | $8.8M | $5.9M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05510 | +1.231% | $683K | $1.4M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05512 | +1.268% | $433K | $672K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05513 | +1.286% | $1.9M | $924K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05517 | +1.360% | $1.1M | $997K | 50x | as long as short |
Kraken Futures PF_POPCATUSD
Reya POPCATRUSDPERP
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
KuCoin POPCATUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05511 | +1.249% | $1.2M | $887K | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05516 | +1.341% | — | $1.6M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05519 | +1.394% | $506K | $175K | — | as long as short |
| GRVT POPCAT_USDT_Perpshort | +0.0100% | 4h | 0.05536 | +1.709% | $245K | $490K | 10x | |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05520 | +1.415% | $22K | $647K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05511 | +1.250% | $97K | $440K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05528 | +1.562% | $123K | $285K | 50x | as long as short |
| Hyperliquid POPCAT | +0.0650% | 1h | 0.05518 | +1.382% | $2.5M | $1.1M | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDC
Variational Omni POPCAT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT
Hyperliquid POPCAT