Funding you earn now, next payment 07:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.025%
Price spread now: Injective against GRVT+0.557%7-day average +0.072% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.168%−$17 on $10k
+Price spread, last 4 days (all we have)−0.308%−$31 · spread now +0.557%, 7d avg +0.072%
=Together, before fees−0.476%+ Points / potential airdropGRVT: Active · farm board−$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 0.484% dearer against GRVT than usual: you sell high and buy low (spread +0.557% now, against its 7-day average of +0.072%): +$48 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 24 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT XAUT_USDT_Perp | 4,325.7 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $826 | $110K | 10x |
| Short | Injective XAUT/USDC PERP | 4,349.8 | 0.0033 | get 0.0004% / 1h | 59m 03s | $8K | $149K | 30x |
GRVT XAUT_USDT_Perp
Injective XAUT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against GRVT. 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: +0.557% → +0.072%
- $48.44
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $25.42
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: GRVT: live order book, 48 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 GRVT live order book, 48 min ago | 1.16 bp | 6.7 bp −$7 | 8.3 bp −$83 | 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.
XAUT on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0258% | 1h | 4,328.1 | +0.056% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0038% | 4h | 4,322.9 | −0.067% | $25.5M | $16.8M | 75x | as long as short |
| Bybit XAUTUSDT | −0.0030% | 4h | 4,323.4 | −0.054% | $118.3M | $29.9M | 75x | as long as short |
| MEXC XAUT_USDT | −0.0030% | 4h | 4,323.8 | −0.045% | $357.5M | $274.5M | 1000x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,325.8 | +0.002% | $129.9M | $8.3M | 100x | as long as short |
| Variational Omni XAUT | +0.0003% | 4h | 4,324.7 | −0.023% | $33.0M | $3.4M | — | as long as short |
| Injective XAUT/USDC PERPshort | +0.0033% | 1h | 4,349.8 | +0.557% | $8K | $149K | 30x | |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,323.4 | −0.054% | $10.1M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,324 | −0.041% | $4.2M | $916K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,324 | −0.041% | $35.3M | $46.8M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
Gate XAUT_USDT
Variational Omni XAUT
SoDEX XAUT-USD
Nado XAUT-PERP
Binance XAUTUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,326.6 | +0.021% | $11.7M | $3.0M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,324.4 | −0.031% | — | $19.0M | — | as long as short |
| GRVT XAUT_USDT_Perplong | +0.0100% | 4h | 4,325.7 | long leg | $826 | $110K | 10x | |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,324.7 | −0.024% | $266 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,325.1 | −0.016% | $1.8M | $363K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,328.9 | +0.074% | $2K | $3.2M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,323.2 | −0.058% | $1.8M | $247K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,322.4 | −0.077% | $267K | $214K | 25x | as long as short |
| BloFin XAUT-USDT | +0.0210% | 4h | 4,323.6 | −0.049% | $2.3M | $1.6M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0230% | 1h | 4,325.6 | −0.002% | $5.7M | $4.8M | 50x | as long as short |
KuCoin XAUTUSDTM
BingX XAUT-USDT
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
BloFin XAUT-USDT
Kraken Futures PF_XAUTUSD