Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.023%
Price spread now: GRVT against Injective−1.178%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.164%+$16 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 1.178% cheaper against Injective than usual: you would sell low and buy high (−$118 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.164%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MU/USDC PERP | 1,051.4 | 0.0033 | pay 0.0004% / 1h | 38m 04s | $19K | $5K | 12x |
| Short | GRVT MU_USDT_Perp | 1,039 | 0 | get 0.0000% / 8h | 38m 04s | $71K | $1.4M | 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
- −$7
- Price spread: −1.178% → 0.000%
- −$117.77
- 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
- −$133.79
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; GRVT: live order book, 5 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, 5 min ago | 0.82 bp | 5.5 bp −$6 | 7.8 bp −$78 | 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.
MU on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.0986% | 4h | 1,038.8 | −1.193% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0184% | 8h | 1,038.2 | −1.253% | $20.2M | $40.1M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.6 | −1.218% | $21.2M | $65.4M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038 | −1.266% | $122.1M | $538.6M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.9 | −1.277% | $18.7M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.9 | −1.283% | $29.8M | $100.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.2 | −1.253% | $313K | $385K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,037.8 | −1.289% | $61.4M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.9 | −1.184% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perpshort | 0.0000% | 8h | 1,039 | −1.178% | $71K | $1.4M | 10x |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,038.1 | −1.260% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.7 | −1.111% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,037.8 | −1.292% | $74K | $606K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,037.6 | −1.312% | $127K | $479K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0016% | 1h | 1,038 | −1.275% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,037.8 | −1.288% | $7.0M | $18.8M | 10x | as long as short |
| Nado MU-PERP | +0.0023% | 1h | 1,037.8 | −1.292% | $279K | $808K | 10x | as long as short |
| Bullet MU-USD | +0.0024% | 1h | 1,038.1 | −1.263% | $25K | $390K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038 | −1.270% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.7 | −1.297% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERPlong | +0.0033% | 1h | 1,051.4 | long leg | $19K | $5K | 12x | |
| Arcus MU-USD | +0.0040% | 1h | 1,037.6 | −1.313% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.1 | −1.263% | — | $175K | 25x | as long as short |
| Lighter MU | +0.0048% | 1h | 1,038.1 | −1.265% | $1.0M | $4.9M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,037.9 | −1.280% | $176.4M | $82.6M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.7 | −1.299% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.9 | −1.285% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,038.3 | −1.243% | $1.9M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,037.9 | −1.278% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,037.6 | −1.304% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,037.9 | −1.280% | $725K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038 | −1.268% | $147K | $188K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.8 | −1.293% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.5 | −1.223% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038 | −1.274% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038 | −1.275% | $1.4M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,038.9 | −1.185% | $531K | $270K | 15x | as long as short |
Injective MU/USDC PERP
GRVT MU_USDT_Perp
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Bullet MU-USD
Lighter RH MU
Extended MU_24_5-USD
Lighter MU
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
BloFin MU-USDT
Phoenix MU