Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.181%
Price spread now: GRVT against Injective−0.042%7-day average −0.816% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.042%, 7d avg −0.816%
=Together, before fees+0.369%+ Points / potential airdropGRVT: Active · farm board+$37 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 0.773% dearer against Injective than usual: you sell high and buy low: +$77 more if the spread goes back to its 7-day average of −0.816%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XLM/USDC PERP | 0.2125 | 0.0033 | pay 0.0004% / 1h | 55m 14s | $683 | $241K | 12x |
| Short | GRVT XLM_USDT_Perp | 0.2124 | 0.0100 | get 0.0100% / 8h | 2h 55m | $595K | $608K | 10x |
Injective XLM/USDC PERP
GRVT XLM_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: −0.042% → −0.816%
- $77.32
- 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
- $82.3
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; GRVT: live order book, 58 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, 58 min ago | 2.56 bp | 15.0 bp −$15 | 26.0 bp −$260 | 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.
XLM on 31 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) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2116 | −0.401% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERPlong | +0.0033% | 1h | 0.2125 | long leg | $683 | $241K | 12x | |
| Lighter XLM | +0.0096% | 1h | 0.2120 | −0.216% | $372K | $959K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2120 | −0.246% | $563K | $624K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2118 | −0.321% | $54.1M | $159.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2117 | −0.400% | $42.9M | $46.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2118 | −0.329% | $12.4M | $43.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2117 | −0.395% | $4.1M | $7.1M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2117 | −0.372% | $25.2M | $27.6M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2117 | −0.367% | $13.9M | $9.5M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2118 | −0.344% | $25.5M | $22.4M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2117 | −0.381% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2122 | −0.141% | $127K | $294K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2121 | −0.182% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2124 | −0.035% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perpshort | +0.0100% | 8h | 0.2124 | −0.042% | $595K | $608K | 10x | |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2125 | +0.009% | $170K | $265K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2118 | −0.329% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2113 | −0.560% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2118 | −0.315% | $577 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2120 | −0.254% | $195K | $250K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2118 | −0.334% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2117 | −0.365% | $190K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0112% | 1h | 0.2119 | −0.287% | $12.1M | $6.4M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0143% | 1h | 0.2119 | −0.280% | $2.6M | $2.7M | 50x | as long as short |
| dYdX XLM-USD | +0.0174% | 1h | 0.2119 | −0.302% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2120 | −0.249% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2126 | +0.047% | $5K | $49K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2121 | −0.202% | $234K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2116 | −0.426% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0742% | 1h | 0.2120 | −0.245% | $526K | $162K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Hyperliquid XLM
Kraken Futures PF_XLMUSD
dYdX XLM-USD
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL