Funding you earn now, next payment 04:00 UTC+0.0440%/8h= +48.2% APRpaid last 24h +0.147%
Price spread now: GRVT against Injective+0.056%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+0.800%+$80 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and GRVT is 0.056% dearer against Injective than usual: you sell high and buy low: +$6 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 COIN/USDC PERP | 197.06 | −0.0440 | get 0.0055% / 1h | 41m 54s | $43K | $48K | 30x |
| Short | GRVT COIN_USDT_Perp | 197.17 | 0 | get 0.0000% / 8h | 4h 41m | $12K | $2.2M | 10x |
Injective COIN/USDC PERP
GRVT COIN_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
- $92.4
- Price spread: +0.056% → 0.000%
- $5.58
- 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
- $88.96
- Costs to cover
- 0.090%
- Break-even
- 0.3 days
Slippage unknown: Injective: no order-book sample; GRVT: live order book, 2 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, 2 min ago | 1.02 bp | 11.1 bp −$11 | 18.2 bp −$182 | 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.
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0722% | 8h | 196.99 | −0.036% | $6.2M | $10.3M | 20x | as long as short |
| Injective COIN/USDC PERPlong | −0.0440% | 1h | 197.06 | long leg | $43K | $48K | 30x | |
| Gate COIN_USDT | −0.0207% | 8h | 196.90 | −0.081% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0085% | 1h | 196.39 | −0.340% | — | $277K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.16 | +0.050% | $345K | $885K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.84 | −0.112% | $119K | $694K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.97 | −0.046% | $15.0M | $78.9M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.97 | −0.046% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.99 | −0.036% | $3.0M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.14 | +0.040% | $683K | $938K | — | as long as short |
Bitget COINUSDT
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perpshort | 0.0000% | 8h | 197.17 | +0.056% | $12K | $2.2M | 10x | |
| QFEX COIN-USD | +0.0013% | 1h | 196.90 | −0.081% | $1.3M | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 196.77 | −0.147% | $355K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.77 | −0.147% | $449K | $1.4M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.21 | +0.076% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.85 | −0.107% | $15.4M | $13.6M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.82 | −0.122% | $127K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.90 | −0.081% | $68 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.91 | −0.076% | $348K | $2.8M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.86 | −0.101% | $991K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.08 | +0.010% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.81 | −0.127% | $569 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.89 | −0.088% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.96 | −0.051% | $189K | $390K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 197.15 | +0.046% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0720% | 4h | 197.12 | +0.030% | $51K | $296K | 10x | as long as short |
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC