Funding you earn now, next payment 22:00 UTC−0.2602%/8h= −284.9% APRpaid last 24h −0.161%
Price spread now: GRVT against Injective+0.467%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+0.542%+$54 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. GRVT is 0.467% dearer against Injective than usual: you sell high and buy low (spread +0.467% now, against zero (this spread has no 7-day history yet)): +$47 on $10k if it goes back. Holding the pair costs −$78 a day in funding at the current rate, which eats that in about 14 hours. Mind the row above: over the last 7 days funding on this pair paid +0.542%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.542% in total (about 28.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective UNI/USDC PERP | 8.7900 | 0.2702 | pay 0.0338% / 1h | 53m 00s | $657 | $97K | 12x |
| Short | GRVT UNI_USDT_Perp | 8.8310 | 0.0100 | get 0.0100% / 8h | 2h 53m | $619K | $2.6M | 10x |
Injective UNI/USDC PERP
GRVT UNI_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
- −$546.35
- Price spread: +0.467% → 0.000%
- $46.65
- 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
- −$508.72
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; GRVT: live order book, 6 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, 6 min ago | 0.57 bp | 9.4 bp −$9 | 21.1 bp −$211 | 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.
UNI on 40 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 UNI | −0.0201% | 8h | 8.8015 | +0.130% | $3.9M | $4.9M | — | as long as short |
| Bybit UNIUSDT | −0.0192% | 8h | 8.8080 | +0.205% | $102.6M | $103.9M | 75x | as long as short |
| 01 Exchange UNIUSD | −0.0072% | 1h | 8.8233 | +0.379% | $440 | — | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8251 | +0.399% | $551K | $125K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.8253 | +0.401% | $79K | — | 150x | as long as short |
| OKX UNI-USDT-SWAP | +0.0010% | 8h | 8.8140 | +0.273% | $54.3M | $244.8M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8203 | +0.345% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8170 | +0.307% | $852K | $3.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8266 | +0.417% | $1.0M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8203 | +0.344% | $297K | $559K | 10x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
OKX UNI-USDT-SWAP
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.8120 | +0.250% | $215.8M | $593.8M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8350 | +0.512% | $273K | $605K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8170 | +0.307% | $22.9M | $58.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8150 | +0.284% | $42.7M | $24.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8160 | +0.296% | $13.7M | $13.6M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8130 | +0.262% | $31.9M | $41.0M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8100 | +0.228% | — | $49.7M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8224 | +0.369% | $977K | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8265 | +0.415% | $166K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perpshort | +0.0100% | 8h | 8.8310 | +0.467% | $619K | $2.6M | 10x | |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8040 | +0.159% | $83K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8180 | +0.319% | $105K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8230 | +0.375% | $87K | $335K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8200 | +0.341% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8258 | +0.407% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8178 | +0.316% | $28K | $659K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8287 | +0.440% | $721K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8200 | +0.341% | $26.6M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8126 | +0.258% | $307K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8233 | +0.379% | $31K | $1K | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8280 | +0.432% | $1.0M | $5.3M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8190 | +0.330% | $9.8M | $3.3M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0270% | 1h | 8.8250 | +0.399% | $4.9M | $7.1M | 50x | as long as short |
| dYdX UNI-USD | +0.0308% | 1h | 8.8218 | +0.362% | $244K | $5K | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0359% | 1h | 8.8184 | +0.323% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0380% / S −0.0320% | 1h | 8.8240 | +0.387% | $553K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0456% | 1h | 8.8297 | +0.452% | $95.8M | $59.6M | 10x | as long as short |
| Lighter UNI | +0.0464% | 1h | 8.8367 | +0.531% | $4.5M | $5.3M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0501% | 1h | 8.8219 | +0.363% | $1K | $50K | 10x | as long as short |
| Injective UNI/USDC PERPlong | +0.2702% | 1h | 8.7900 | long leg | $657 | $97K | 12x |
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
edgeX UNIUSDC
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
dYdX UNI-USD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Lighter UNI
Aftermath Perps UNIUSD