Funding you earn now, next payment 23:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.064%
Price spread now: GRVT against Injective+0.014%7-day average −0.348% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$680.679% of the position
Funding, last 7 days−0.460%−$46 on $10k
+Price spread, last 3 days (all we have)−0.215%−$21 · spread now +0.014%, 7d avg −0.348%
=Together, before fees−0.674%+ Points / potential airdropGRVT: Active · farm board−$67 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.362% dearer against Injective than usual: you sell high and buy low (spread +0.014% now, against its 7-day average of −0.348%): +$36 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 5.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective META/USDC PERP | 740.28 | 0.0220 | pay 0.0028% / 1h | 32m 17s | $168K | $46K | 30x |
| Short | GRVT META_USDT_Perp | 740.39 | 0 | get 0.0000% / 8h | 1h 32m | $12K | $506K | 10x |
Injective META/USDC PERP
GRVT META_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
- −$46.2
- Price spread: +0.014% → −0.348%
- $36.23
- Slippage, 4 orders
- −$58.9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$77.88
- Costs to cover
- 0.679%
- Break-even
- never at this rate
Slippage from Injective: live order book, 52 min ago; GRVT: live order book, 50 min ago.
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 live order book, 52 min ago | 16.80 bp | 16.8 bp −$17 | 9881.5 bp −$98.8K | doesn't fit | doesn't fit |
| Sell GRVT live order book, 50 min ago | 0.94 bp | 9.2 bp −$9 | 16.0 bp −$160 | doesn't fit | doesn't fit |
META on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin META-USDT | −0.0120% | 8h | 740.52 | +0.032% | $328K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0076% | 1h | 740.71 | +0.058% | $395K | $317K | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 741.38 | +0.148% | $458K | $536K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 740.54 | +0.035% | $548K | $1.5M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 740.67 | +0.053% | $26.9M | $177.9M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 740.70 | +0.057% | $7.5M | $13.9M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 740.65 | +0.050% | $6.0M | $13.1M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 740.10 | −0.024% | $329K | $5.4M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 740.70 | +0.057% | $5.8M | $11.0M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 740.63 | +0.047% | $1.6M | $2.6M | — | as long as short |
BloFin META-USDT
Nado META-PERP
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni METAShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT META_USDT_Perpshort | 0.0000% | 8h | 740.39 | +0.014% | $12K | $506K | 10x | |
| SunX META-USDT | 0.0000% | 8h | 740.87 | +0.080% | $865 | $9.5M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 740.59 | +0.042% | $30K | $256K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 740.25 | −0.004% | $105K | $283K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 740.53 | +0.034% | $2.0M | $7K | 10x | as long as short |
| QFEX META-USD | +0.0003% | 1h | 740.61 | +0.045% | $2.2M | $14.3M | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 740.99 | +0.096% | $744K | $3.2M | 20x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 740.25 | −0.004% | $110K | $481K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 741.24 | +0.130% | — | $9K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 740.69 | +0.055% | $178K | $201K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 740.75 | +0.063% | $541K | $840K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 740.64 | +0.049% | $24K | $3K | 10x | as long as short |
| Paradex META-USD-PERP | +0.0050% | 8h | 740.56 | +0.037% | — | — | 5x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 740.40 | +0.016% | $666K | $4.1M | 10x | as long as short |
| Aftermath Perps METAUSD | +0.0054% | 1h | 740.91 | +0.086% | $49K | $63K | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0064% | 1h | 740.57 | +0.039% | $607K | $7.3M | 10x | as long as short |
| Phoenix META | +0.0065% | 1h | 740.33 | +0.007% | $291K | $791K | 20x | as long as short |
| Lighter META | +0.0072% | 1h | 740.97 | +0.093% | $862K | $2.5M | 20x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 740.70 | +0.057% | $1.6M | $361K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 740.19 | −0.012% | $166K | $73K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 740.69 | +0.055% | $1K | $24 | 10x | as long as short |
| tradeXYZ xyz:META | +0.0104% | 1h | 740.86 | +0.078% | $68.4M | $120.6M | 20x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 740.62 | +0.047% | $267 | — | 10x | as long as short |
| Hotstuff META-PERP | +0.0184% | 1h | 740.79 | +0.069% | $33K | $105 | 20x | as long as short |
| Injective META/USDC PERPlong | +0.0220% | 1h | 740.28 | long leg | $168K | $46K | 30x | |
| edgeX METAUSDC | +0.0897% | 4h | 740.56 | +0.038% | $62K | $331K | 10x | as long as short |
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
QFEX META-USD
Lighter RH META
Arcus META-USD
Vest META-USD-PERP
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Ondo Perps META-USD.P
Aftermath Perps METAUSD
Coinbase International META-PERP-INTX
Phoenix META
Lighter META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
tradeXYZ xyz:META
Aevo META-PERP
Hotstuff META-PERP
edgeX METAUSDC