Funding you earn now, next payment 00:00 UTC+0.0235%/8h= +25.7% APRpaid last 24h −0.066%
Price spread now: GRVT against Injective−0.997%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 0.997% cheaper against Injective than usual: you would sell low and buy high (spread −0.997% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$100 on $10k: about 14 days of funding at the current rate (+$7 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 LLY/USDC PERP | 1,177.9 | 0.0220 | pay 0.0028% / 1h | 47m 31s | $10K | $21K | 12x |
| Short | GRVT LLY_USDT_Perp | 1,166.2 | 0.0455 | get 0.0455% / 8h | 47m 31s | $548 | $208K | 10x |
Injective LLY/USDC PERP
GRVT LLY_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
- $49.35
- Price spread: −0.997% → 0.000%
- −$99.71
- 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
- −$59.38
- Costs to cover
- 0.090%
- Break-even
- 15.4 days
Slippage unknown: Injective: no order-book sample; GRVT: live order book, 30 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, 30 min ago | 2.06 bp | doesn't fit | 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.
LLY on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado LLY-PERP | −0.0024% | 1h | 1,166.7 | −0.953% | $39K | $251 | 10x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,166.1 | −0.998% | $1.3M | $636K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,166.2 | −0.993% | $819K | $570K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,166.3 | −0.988% | $1.3M | $898K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,166.9 | −0.930% | $2.3M | $176K | 20x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,166.5 | −0.968% | $2K | $6.6M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,165 | −1.095% | $5K | $40K | 20x | as long as short |
| Aftermath Perps LLYUSD | +0.0006% | 1h | 1,166.2 | −0.998% | $47K | $41K | 5x | as long as short |
| QFEX LLY-USD | +0.0023% | 1h | 1,166.1 | −1.005% | $1.2M | $5.1M | 10x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,165.7 | −1.040% | — | — | 25x | as long as short |
Nado LLY-PERP
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
SunX LLY-USDT
HTX LLY-USDT
Aftermath Perps LLYUSD
QFEX LLY-USD
Vest LLY-USD-PERPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,166.5 | −0.968% | $8.6M | $1.1M | 10x | as long as short |
| Aster LLYUSDT | +0.0064% | 8h | 1,165.9 | −1.022% | $24K | $3K | 20x | as long as short |
| Variational Omni LLY | +0.0099% | 8h | 1,166.4 | −0.979% | $191K | $19K | — | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,166 | −1.010% | $137K | $80K | 20x | as long as short |
| Injective LLY/USDC PERPlong | +0.0220% | 1h | 1,177.9 | long leg | $10K | $21K | 12x | |
| BloFin LLY-USDT | +0.0262% | 8h | 1,166.5 | −0.970% | $84K | $84K | 20x | as long as short |
| Binance LLYUSDT | +0.0268% | 8h | 1,166.7 | −0.948% | $2.0M | $3.1M | 20x | as long as short |
| Phoenix LLY | +0.0343% | 1h | 1,167.5 | −0.883% | $1K | $7K | 10x | as long as short |
| GRVT LLY_USDT_Perpshort | +0.0455% | 8h | 1,166.2 | −0.997% | $548 | $208K | 10x |
tradeXYZ xyz:LLY
Aster LLYUSDT
Variational Omni LLY
KuCoin LLYUSDTM
BloFin LLY-USDT
Binance LLYUSDT
Phoenix LLY