Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Binance−4.275%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.275% cheaper against Binance than usual: you would sell low and buy high (−$427 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GRTUSDT | 0.02316 | 0.0100 | pay 0.0100% / 8h | 2h 33m | $3.5M | $8.2M | 75x |
| Short | Injective GRT/USDC PERP | 0.02217 | 0.0033 | get 0.0004% / 1h | 33m 13s | — | $8K | 5.5x |
Binance GRTUSDT
Injective GRT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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
- −$14
- Price spread: −4.275% → 0.000%
- −$427.46
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$451.48
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 6 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 Binance live order book, 6 min ago | 2.16 bp | 16.2 bp −$16 | 61.2 bp −$612 | 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.
GRT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GRT | −0.0123% | 8h | 0.02322 | +0.265% | $113K | $100K | — | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02317 | +0.040% | $633 | — | 150x | as long as short |
| Injective GRT/USDC PERPshort | +0.0033% | 1h | 0.02217 | −4.275% | — | $8K | 5.5x | |
| Kraken Futures PF_GRTUSD | +0.0043% | 1h | 0.02318 | +0.091% | $279K | $64K | 20x | as long as short |
| BloFin GRT-USDT | +0.0099% | 8h | 0.02327 | +0.475% | $176K | $222K | 75x | as long as short |
| Binance GRTUSDTlong | +0.0100% | 8h | 0.02316 | long leg | $3.5M | $8.2M | 75x | |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02313 | −0.130% | $2.8M | $2.1M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02314 | −0.086% | $627K | $735K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02320 | +0.173% | $443K | $412K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02315 | −0.043% | $1.9M | $1.1M | 200x | as long as short |
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Kraken Futures PF_GRTUSD
BloFin GRT-USDT
Bybit GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02319 | +0.130% | $1.1M | $680K | 50x | as long as short |
| Bitget GRTUSDT | +0.0100% | 8h | 0.02312 | −0.173% | $2.3M | $658K | 75x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02318 | +0.086% | — | $2.5M | — | as long as short |
KuCoin GRTUSDTM
Bitget GRTUSDT
BingX GRT-USDT