Settings8H · net · $10k
Funding arb · Price arb /

GRT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h +0.049%
Price spread now: Injective against Variational Omni−5.055%46s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Injective is 5.055% cheaper against Variational Omni than usual: you would sell low and buy high (spread −5.055% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$506 on $10k: about 9 months of funding at the current rate (+$2 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni GRT0.02335−0.0029get 0.0029% / 8h38m 35s$88K$125K
ShortInjective GRT/USDC PERP0.022170.0033get 0.0004% / 1h38m 35s$8K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$13.01
Price spread: −5.055% → 0.000%
−$505.53
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$492.55
Costs to cover
0.000%
Break-even
272.1 days
Slippage unknown: Variational Omni: RFQ quote, just now; 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, just now12.86 bpdoesn't fit51.4 bp −$514doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GRTlong−0.0029%8h0.02335long leg$88K$125K
gTrade (Gains Network) GRT/USDL +0.0024% / S +0.0001%1h0.02336+0.058%$639150xas long as short
Injective GRT/USDC PERPshort+0.0033%1h0.02217−5.055%$8K5.5x
BloFin GRT-USDT+0.0082%8h0.02335−0.002%$170K$161K75xas long as short
Binance GRTUSDT+0.0100%8h0.02333−0.077%$3.5M$8.2M75xas long as short
Bybit GRTUSDT+0.0100%8h0.02330−0.216%$2.8M$2.2M75xas long as short
OKX GRT-USDT-SWAP+0.0100%8h0.02332−0.130%$633K$748K20xas long as short
Gate GRT_USDT+0.0100%8h0.02336+0.041%$442K$425K50xas long as short
MEXC GRT_USDT+0.0100%8h0.02334−0.045%$1.9M$1.0M200xas long as short
KuCoin GRTUSDTM+0.0100%8h0.02337+0.084%$1.1M$691K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GRTUSDT+0.0100%8h0.02335−0.002%$2.3M$656K75xas long as short
BingX GRT-USDT+0.0100%8h0.02334−0.045%$2.5Mas long as short
Kraken Futures PF_GRTUSD+0.0675%1h0.02338+0.146%$277K$67K20xas long as short