Funding you earn now, next payment 11:00 UTC+0.2305%/8h= +252.4% APRpaid last 24h −0.055%
Price spread now: GRVT against Injective+11.294%108s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$69 a day on $10k at the current rate, and GRVT is 11.294% dearer against Injective than usual: you sell high and buy low: +$1,129 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.120%, so the current rate has only just turned in your favour. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.120% in total (about -6.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective GS/USDC PERP | 862.97 | −0.0220 | get 0.0028% / 1h | 29m 32s | $10K | $39K | 12x |
| Short | GRVT GS_USDT_Perp | 960.43 | 0.2085 | get 0.2085% / 8h | 5h 29m | $557 | $110K | 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
- $484.05
- Price spread: +11.294% → 0.000%
- $1,129.36
- 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
- $1,604.39
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; GRVT: live order book, 14 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, 14 min ago | 7.08 bp | 14.5 bp −$14 | 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.
GS on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GS/USDC PERPlong | −0.0220% | 1h | 862.97 | long leg | $10K | $39K | 12x | |
| Bybit GSUSDT | 0.0000% | 8h | 959.48 | +11.183% | $286K | $38K | 25x | as long as short |
| Gate GS_USDT | 0.0000% | 8h | 961.00 | +11.360% | $227K | $10K | 20x | as long as short |
| Bitget GSUSDT | 0.0000% | 8h | 961.41 | +11.407% | $347K | $46K | 20x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 961.66 | +11.436% | $9K | $37K | 10x | as long as short |
| QFEX GS-USD | +0.0013% | 1h | 962.73 | +11.560% | $1.1M | $2.6M | 10x | as long as short |
| edgeX GSUSDC | +0.0540% | 4h | 961.13 | +11.375% | $27K | $247K | 10x | as long as short |
| Binance GSUSDT | +0.0615% | 8h | 962.01 | +11.476% | $427K | $398K | 20x | as long as short |
| GRVT GS_USDT_Perpshort | +0.2085% | 8h | 960.43 | +11.294% | $557 | $110K | 10x |
Injective GS/USDC PERP
GRVT GS_USDT_Perp
Bybit GSUSDT
Gate GS_USDT
Bitget GSUSDT
HTX GS-USDT
edgeX GSUSDC
Binance GSUSDT