Funding you earn now, next payment 06:00 UTC+0.0559%/8h= +61.2% APRpaid last 24h +0.006%
Price spread now: GRVT against Injective−5.444%7-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 5.444% cheaper against Injective than usual: you would sell low and buy high (spread −5.444% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$544 on $10k: about 32 days of funding at the current rate (+$17 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective NVO/USDC PERP | 42.250 | 0.0033 | pay 0.0004% / 1h | 51m 21s | $2K | $4 | 12x |
| Short | GRVT NVO_USDT_Perp | 39.950 | 0.0592 | get 0.0592% / 8h | 2h 51m | $785 | $224K | 10x |
Injective NVO/USDC PERP
GRVT NVO_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
- $117.32
- Price spread: −5.444% → 0.000%
- −$544.38
- 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
- −$436.08
- Costs to cover
- 0.090%
- Break-even
- 33.0 days
Slippage unknown: Injective: no order-book sample; GRVT: live order book, 61 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, 61 min ago | 3.75 bp | 37.1 bp −$37 | 83.1 bp −$831 | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVOUSDT | 0.0000% | 8h | 39.939 | −5.470% | $2K | $6K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.950 | −5.444% | $694K | $400K | 25x | as long as short |
| QFEX NVO-USD | 0.0000% | 1h | 39.850 | −5.680% | $1.1M | $1.6M | 10x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 39.950 | −5.444% | $834K | $979K | 20x | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.960 | −5.420% | $1K | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.990 | −5.349% | $10K | $16K | 10x | as long as short |
| Injective NVO/USDC PERPlong | +0.0033% | 1h | 42.250 | long leg | $2K | $4 | 12x | |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.910 | −5.538% | $113K | $260K | 10x | as long as short |
| Variational Omni NVO | +0.0251% | 8h | 39.933 | −5.484% | $66K | $34K | — | as long as short |
| Binance NVOUSDT | +0.0281% | 8h | 39.960 | −5.420% | $2.1M | $3.9M | 20x | as long as short |
Aster NVOUSDT
Bybit NVOUSDT
QFEX NVO-USD
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_Perpshort | +0.0592% | 8h | 39.950 | −5.444% | $785 | $224K | 10x |