Funding you earn now, next payment 05:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.01 per $10,000 · paid last 24h −0.731%
Price spread now: Injective against Kraken Futures−6.280%63s7-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
Funding pays, the price is against you. Injective is 6.280% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −6.280% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$628 on $10k: about years of funding at the current rate ($0 a day). The two prices were read 63 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 | Kraken Futures PF_GRTUSD | 0.02366 | 0.0021 | pay 0.0003% / 1h | 45m 51s | $285K | $65K | 20x |
| Short | Injective GRT/USDC PERP | 0.02217 | 0.0033 | get 0.0004% / 1h | 45m 51s | — | $8K | 5.5x |
Kraken Futures PF_GRTUSD
Injective GRT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Kraken Futures. 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
- $2.51
- Price spread: −6.280% → 0.000%
- −$627.98
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$635.5
- Costs to cover
- 0.100%
- Break-even
- 1781.7 days
Slippage unknown: Kraken Futures: live order book, 7 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 Kraken Futures live order book, 7 min ago | 35.78 bp | 1195.1 bp −$1,195 | 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.
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 | −0.0137% | 8h | 0.02359 | −0.273% | $115K | $100K | — | as long as short |
| Kraken Futures PF_GRTUSDlong | +0.0021% | 1h | 0.02366 | long leg | $285K | $65K | 20x | |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02365 | −0.007% | $647 | — | 150x | as long as short |
| Injective GRT/USDC PERPshort | +0.0033% | 1h | 0.02217 | −6.280% | — | $8K | 5.5x | |
| Binance GRTUSDT | +0.0100% | 8h | 0.02362 | −0.133% | $3.6M | $8.3M | 75x | as long as short |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02360 | −0.235% | $2.9M | $2.2M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02363 | −0.108% | $643K | $755K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02363 | −0.108% | $458K | $411K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02362 | −0.150% | $1.9M | $1.1M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02364 | −0.066% | $1.1M | $672K | 50x | as long as short |
Variational Omni GRT
gTrade (Gains Network) GRT/USD
Binance GRTUSDT
Bybit GRTUSDT
OKX GRT-USDT-SWAP
Gate GRT_USDT
MEXC GRT_USDT
KuCoin GRTUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRTUSDT | +0.0100% | 8h | 0.02363 | −0.108% | $2.4M | $681K | 75x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02363 | −0.108% | — | $2.5M | — | as long as short |
| BloFin GRT-USDT | +0.0119% | 8h | 0.02362 | −0.150% | $178K | $223K | 75x | as long as short |
Bitget GRTUSDT
BingX GRT-USDT
BloFin GRT-USDT