Funding you earn now, next payment 00:00 UTC+0.2086%/8h= +228.4% APRpaid last 24h +0.055%
Price spread now: GRVT against Injective−8.660%108s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. GRVT is 8.660% cheaper against Injective than usual: you would sell low and buy high (spread −8.660% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$866 on $10k: about 14 days of funding at the current rate (+$63 a day). The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BX/USDC PERP | 138.57 | 0.0220 | pay 0.0028% / 1h | 1m 25s | $4K | $32K | 12x |
| Short | GRVT BX_USDT_Perp | 126.57 | 0.2306 | get 0.2306% / 8h | 1m 25s | $997 | $123K | 10x |
Funding 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
- $438.06
- Price spread: −8.660% → 0.000%
- −$866.03
- 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
- −$436.99
- Costs to cover
- 0.090%
- Break-even
- 14.0 days
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 | 3.16 bp | 28.0 bp −$28 | 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.
BX on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BXUSDT | 0.0000% | 8h | 126.40 | −8.783% | $5K | $2K | 20x | as long as short |
| Bybit BXUSDT | 0.0000% | 8h | 126.69 | −8.573% | $489K | $864K | 25x | as long as short |
| QFEX BX-USD | 0.0000% | 1h | 126.53 | −8.689% | $1.1M | $1.3M | 10x | as long as short |
| Gate BX_USDT | 0.0000% | 8h | 126.77 | −8.516% | $426K | $27K | 20x | as long as short |
| Bitget BXUSDT | 0.0000% | 8h | 126.72 | −8.552% | $903K | $44K | 20x | as long as short |
| SunX BX-USDT | 0.0000% | 8h | 126.55 | −8.674% | $750 | $305K | 10x | as long as short |
| HTX BX-USDT | 0.0000% | 8h | 126.64 | −8.609% | $7K | $3K | 20x | as long as short |
| tradeXYZ xyz:BX | +0.0220% | 1h | 126.49 | −8.718% | $666K | $187K | 10x | as long as short |
| Injective BX/USDC PERPlong | +0.0220% | 1h | 138.57 | long leg | $4K | $32K | 12x | |
| OKX BX-USDT-SWAP | +0.0298% | 8h | 126.66 | −8.595% | $162K | $109K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BXUSDTM | +0.1183% | 8h | 126.41 | −8.775% | $112K | $1.1M | 20x | as long as short |
| Variational Omni BX | +0.1251% | 8h | 126.54 | −8.683% | $31K | $127 | — | as long as short |
| Binance BXUSDT | +0.1606% | 8h | 126.54 | −8.682% | $795K | $471K | 20x | as long as short |
| GRVT BX_USDT_Perpshort | +0.2306% | 8h | 126.57 | −8.660% | $997 | $123K | 10x |
Injective BX/USDC PERP
GRVT BX_USDT_Perp
Aster BXUSDT
Bybit BXUSDT
Gate BX_USDT
Bitget BXUSDT
SunX BX-USDT
HTX BX-USDT
tradeXYZ xyz:BX
OKX BX-USDT-SWAP
KuCoin BXUSDTM
Variational Omni BX
Binance BXUSDT