Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Binance against Injective+7.082%117s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 7.082% dearer against Injective than usual: you sell high and buy low: +$708 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 117 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 | Injective GRT/USDC PERP | 0.02217 | 0.0033 | pay 0.0004% / 1h | 51m 27s | — | $8K | 5.5x |
| Short | Binance GRTUSDT | 0.02374 | 0.0100 | get 0.0100% / 8h | 3h 51m | $3.6M | $8.3M | 75x |
Injective GRT/USDC PERP
Binance GRTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $14
- Price spread: +7.082% → 0.000%
- $708.16
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $712.14
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 3 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 Binance live order book, 3 min ago | 2.11 bp | 22.6 bp −$23 | 55.4 bp −$554 | 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.
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 | −0.0139% | 8h | 0.02359 | +6.409% | $115K | $100K | — | as long as short |
| Kraken Futures PF_GRTUSD | +0.0021% | 1h | 0.02374 | +7.086% | $286K | $65K | 20x | as long as short |
| gTrade (Gains Network) GRT/USD | L +0.0024% / S +0.0001% | 1h | 0.02375 | +7.143% | $649 | — | 150x | as long as short |
| Injective GRT/USDC PERPlong | +0.0033% | 1h | 0.02217 | long leg | — | $8K | 5.5x | |
| Binance GRTUSDTshort | +0.0100% | 8h | 0.02374 | +7.082% | $3.6M | $8.3M | 75x | |
| Bybit GRTUSDT | +0.0100% | 8h | 0.02372 | +6.991% | $2.9M | $2.2M | 75x | as long as short |
| OKX GRT-USDT-SWAP | +0.0100% | 8h | 0.02375 | +7.127% | $647K | $760K | 20x | as long as short |
| Gate GRT_USDT | +0.0100% | 8h | 0.02375 | +7.127% | $461K | $409K | 50x | as long as short |
| MEXC GRT_USDT | +0.0100% | 8h | 0.02373 | +7.037% | $1.9M | $1.1M | 200x | as long as short |
| KuCoin GRTUSDTM | +0.0100% | 8h | 0.02375 | +7.127% | $1.1M | $673K | 50x | as long as short |
Variational Omni GRT
Kraken Futures PF_GRTUSD
gTrade (Gains Network) GRT/USD
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 | 0.02372 | +6.991% | $2.4M | $681K | 75x | as long as short |
| BingX GRT-USDT | +0.0100% | 8h | 0.02375 | +7.127% | — | $2.5M | — | as long as short |
| BloFin GRT-USDT | +0.0123% | 8h | 0.02372 | +6.991% | $180K | $225K | 75x | as long as short |
Bitget GRTUSDT
BingX GRT-USDT
BloFin GRT-USDT