Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: GRVT against ApeX Omni−0.103%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$730.726% of the position
Funding, last 7 days−0.228%−$23 on $10k
+Price spread, last 3 days (all we have)+0.125%+$12 · spread now −0.103%, 7d avg −0.009%
=Together, before fees−0.103%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.094% cheaper against ApeX Omni than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni POLUSDT | 0.1120 | 0.0100 | pay 0.0013% / 1h | 28m 33s | $198K | $656K | 50x |
| Short | GRVT POL_USDT_Perp | 0.1119 | 0.0100 | get 0.0050% / 4h | 28m 33s | $1.1M | $3.2M | 10x |
ApeX Omni POLUSDT
GRVT POL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against ApeX Omni. 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
- $0
- Price spread: −0.103% → −0.009%
- −$9.43
- Slippage, 4 orders
- −$53.61
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$82.04
- Costs to cover
- 0.726%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 50 min ago; GRVT: live order book, 5 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 ApeX Omni live order book, 50 min ago | 8.89 bp | 18.2 bp −$18 | 135.6 bp −$1,356 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 1.79 bp | 20.1 bp −$20 | 32.6 bp −$326 | doesn't fit | doesn't fit |
POL on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0128% | 1h | 0.1117 | −0.268% | $204K | $224K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1121 | +0.092% | $1.2M | $1.8M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1120 | +0.017% | $3K | — | — | as long as short |
| dYdX POL-USD | +0.0002% | 1h | 0.1121 | +0.089% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1121 | +0.098% | $24K | — | 150x | as long as short |
| Orderly PERP_POL_USDC | +0.0008% | 4h | 0.1121 | +0.054% | $11K | $189K | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.804% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1121 | +0.103% | $299K | $572K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1121 | +0.124% | $373K | $353K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1121 | +0.094% | $17.3M | $50.3M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Orderly PERP_POL_USDC
Injective POL/USDC PERP
Lighter POL
Aster POLUSDT
Binance POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1120 | +0.027% | $16.2M | $15.3M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1121 | +0.054% | $5.8M | $11.8M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1120 | +0.027% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1121 | +0.098% | $24.4M | $3.8M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1121 | +0.089% | $2.9M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1121 | +0.089% | $4.2M | $5.4M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1121 | +0.071% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1118 | −0.195% | $660K | $183K | — | as long as short |
| GRVT POL_USDT_Perpshort | +0.0100% | 4h | 0.1119 | −0.103% | $1.1M | $3.2M | 10x | |
| ApeX Omni POLUSDTlong | +0.0100% | 1h | 0.1120 | long leg | $198K | $656K | 50x | |
| Extended POL-USD | +0.0104% | 1h | 0.1121 | +0.075% | $93K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1119 | −0.079% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0216% / S −0.0750% | 1h | 0.1121 | +0.105% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0292% | 1h | 0.1123 | +0.259% | $7.6M | $4.0M | 5x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1121 | +0.063% | $913K | $169K | 75x | as long as short |
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
Hyperliquid POL
BloFin POL-USDT