Funding you earn now, next payment 04:00 UTC−0.0875%/8h= −95.8% APRpaid last 24h −0.222%
Price spread now: Injective against GRVT−2.343%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
=Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Injective is 2.343% cheaper against GRVT than usual: you would sell low and buy high (−$234 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 | GRVT UBER_USDT_Perp | 71.157 | 0.0655 | pay 0.0655% / 8h | 3h 59m | $670 | $201K | 10x |
| Short | Injective UBER/USDC PERP | 69.490 | −0.0220 | pay 0.0028% / 1h | 59m 29s | $16K | $14K | 12x |
GRVT UBER_USDT_Perp
Injective UBER/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
- −$183.75
- Price spread: −2.343% → 0.000%
- −$234.33
- 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
- −$427.1
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 58 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, 58 min ago | 3.51 bp | 20.3 bp −$20 | 58.3 bp −$583 | 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.
UBER on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective UBER/USDC PERPshort | −0.0220% | 1h | 69.490 | −2.343% | $16K | $14K | 12x | |
| Aster UBERUSDT | 0.0000% | 8h | 71.511 | +0.497% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.170 | +0.018% | $364K | $251K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 71.160 | +0.004% | $437K | $101K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.160 | +0.004% | $1K | $2.0M | 10x | as long as short |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.070 | −0.123% | $168K | $565K | 20x | as long as short |
| QFEX UBER-USD | +0.0160% | 1h | 71.140 | −0.024% | $1.1M | $980K | 10x | as long as short |
| Variational Omni UBER | +0.0230% | 8h | 71.165 | +0.011% | $442K | $23K | — | as long as short |
| Binance UBERUSDT | +0.0347% | 8h | 71.170 | +0.018% | $2.4M | $659K | 20x | as long as short |
| Bybit UBERUSDT | +0.0401% | 8h | 71.240 | +0.116% | $371K | $94K | 25x | as long as short |
Aster UBERUSDT
Gate UBER_USDT
Bitget UBERUSDT
SunX UBER-USDT
KuCoin UBERUSDTM
QFEX UBER-USD
Variational Omni UBER
Binance UBERUSDT
Bybit UBERUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perplong | +0.0655% | 8h | 71.157 | long leg | $670 | $201K | 10x | |
| HTX UBER-USDT | +0.2234% | 8h | 71.760 | +0.847% | $48K | $35K | 20x | as long as short |
HTX UBER-USDT