Funding you earn now, next payment 09:00 UTC−0.1357%/8h= −148.6% APRpaid last 24h −0.066%
Price spread now: Injective against GRVT+7.227%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Injective is 7.227% dearer against GRVT than usual: you sell high and buy low (spread +7.227% now, against zero (this spread has no 7-day history yet)): +$723 on $10k if it goes back. Holding the pair costs −$41 a day in funding at the current rate, which eats that in about 18 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT NVO_USDT_Perp | 39.402 | 0.1390 | pay 0.1390% / 8h | 7h 38m | $237 | $214K | 10x |
| Short | Injective NVO/USDC PERP | 42.250 | 0.0033 | get 0.0004% / 1h | 38m 18s | $2K | $4 | 12x |
GRVT NVO_USDT_Perp
Injective NVO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against GRVT. 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
- −$284.9
- Price spread: +7.227% → 0.000%
- $722.73
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $428.81
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: GRVT: live order book, 59 min ago; Injective: no order-book sample. 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 GRVT live order book, 59 min ago | 5.03 bp | 84.1 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.
NVO on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX NVO-USD | 0.0000% | 1h | 39.330 | −0.183% | $1.1M | $1.6M | 10x | as long as short |
| Aster NVOUSDT | 0.0000% | 8h | 39.370 | −0.082% | $3K | $7K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.390 | −0.031% | $721K | $371K | 25x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 39.390 | −0.031% | $847K | $758K | 20x | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.390 | −0.031% | $1K | $885K | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.380 | −0.057% | $10K | $16K | 10x | as long as short |
| Injective NVO/USDC PERPshort | +0.0033% | 1h | 42.250 | +7.227% | $2K | $4 | 12x | |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.360 | −0.107% | $111K | $275K | 10x | as long as short |
| Variational Omni NVO | +0.0457% | 8h | 39.339 | −0.162% | $64K | $38K | — | as long as short |
| Binance NVOUSDT | +0.0459% | 8h | 39.363 | −0.101% | $2.1M | $3.5M | 20x | as long as short |
QFEX NVO-USD
Aster NVOUSDT
Bybit NVOUSDT
Gate NVO_USDT
SunX NVO-USDT
HTX NVO-USDT
KuCoin NVOUSDTM
Variational Omni NVO
Binance NVOUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perplong | +0.1390% | 8h | 39.402 | long leg | $237 | $214K | 10x |