Funding you earn now, next payment 07:00 UTC−0.0085%/8h= −9.3% APRpaid last 24h +0.029%
Price spread now: Polymarket Perps against GRVT−1.028%63s7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.528% of the position
Funding, last 7 days−0.045%−$4 on $10k
+Price spread, last 4 days (all we have)+1.013%+$101 · spread now −1.028%, 7d avg +0.009%
=Together, before fees+0.968%+ Points / potential airdropGRVT: Active · farm board+$97 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Polymarket Perps is 1.037% cheaper against GRVT than usual: you would sell low and buy high (−$104 if the spread goes back to its 7-day average of +0.009%). Swap the legs. 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 | GRVT KPEPE_USDT_Perp | 0.005158 | 0.0321 | pay 0.0321% / 8h | 1h 36m | $1.2M | $3.9M | 10x |
| Short | Polymarket Perps KPEPE-USD | 0.005105 | 0.0236 | get 0.0030% / 1h | 36m 07s | $341K | $1.3M | 10x |
GRVT KPEPE_USDT_Perp
Polymarket Perps KPEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$17.78
- Price spread: −1.028% → +0.009%
- −$103.68
- Slippage, 4 orders
- −$35.75
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$174.22
- Costs to cover
- 0.528%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 3 min ago; Polymarket Perps: live order book, 2 min ago.
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, 3 min ago | 2.92 bp | 27.2 bp −$27 | 43.5 bp −$435 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 0.97 bp | 5.0 bp −$5 | 7.3 bp −$73 | doesn't fit | doesn't fit |
KPEPE on 2 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps KPEPE-USDshort | +0.0236% | 1h | 0.005105 | −1.028% | $341K | $1.3M | 10x | |
| GRVT KPEPE_USDT_Perplong | +0.0321% | 8h | 0.005158 | long leg | $1.2M | $3.9M | 10x |