Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%
Price spread now: GRVT against Bybit+0.175%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$570.570% of the position
Funding, last 7 days−0.188%−$19 on $10k
+Price spread, last 7 days−0.088%−$9 · spread now +0.175%, 7d avg +0.047%
=Together, before fees−0.277%+ Points / potential airdropGRVT: Active · farm board−$28 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 0.127% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit POLUSDT | 0.1126 | 0.0100 | pay 0.0050% / 4h | 1h 23m | $16.2M | $15.8M | 75x |
| Short | GRVT POL_USDT_Perp | 0.1128 | 0.0100 | get 0.0050% / 4h | 1h 23m | $1.1M | $3.3M | 10x |
Bybit POLUSDT
GRVT POL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bybit. 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: +0.175% → +0.047%
- $12.75
- Slippage, 4 orders
- −$37.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$44.27
- Costs to cover
- 0.570%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 1.33 bp | 14.1 bp −$14 | 35.1 bp −$351 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 1.77 bp | 13.6 bp −$14 | 37.6 bp −$376 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective POL/USDC PERP | −0.0162% | 1h | 0.1111 | −1.306% | $3K | $124K | 12x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0128% | 1h | 0.1125 | −0.062% | $206K | $236K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0071% | 1h | 0.1127 | +0.152% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0017% | 4h | 0.1126 | +0.053% | $11K | $199K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1126 | +0.012% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1127 | +0.101% | $22K | — | 150x | as long as short |
| dYdX POL-USD | +0.0005% | 1h | 0.1127 | +0.148% | $17K | $3K | 5x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1127 | +0.107% | $306K | $572K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1127 | +0.107% | $376K | $360K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1126 | +0.044% | $17.4M | $51.6M | 75x | as long as short |
Injective POL/USDC PERP
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Orderly PERP_POL_USDC
Reya POLRUSDPERP
gTrade (Gains Network) POL/USD
dYdX POL-USD
Lighter POL
Aster POLUSDT
Binance POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDTlong | +0.0100% | 4h | 0.1126 | long leg | $16.2M | $15.8M | 75x | |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1126 | +0.027% | $5.8M | $12.1M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1126 | +0.044% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1127 | +0.071% | $23.8M | $3.8M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1127 | +0.133% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1126 | +0.044% | $4.2M | $5.9M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1126 | +0.027% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1125 | −0.048% | $665K | $193K | — | as long as short |
| GRVT POL_USDT_Perpshort | +0.0100% | 4h | 0.1128 | +0.175% | $1.1M | $3.3M | 10x | |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1127 | +0.115% | $199K | $658K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1126 | +0.043% | $94K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1125 | −0.060% | $41K | — | 3x | as long as short |
| Hyperliquid POL | +0.0201% | 1h | 0.1129 | +0.267% | $7.6M | $4.6M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1127 | +0.087% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1126 | +0.062% | $916K | $170K | 75x | as long as short |
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
Hyperliquid POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT