Funding you earn now, next payment 23:00 UTC+0.0086%/8h= +9.4% APRpaid last 24h −0.392%
Price spread now: GRVT against dYdX+0.140%50s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GRVT is 0.140% dearer against dYdX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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 | dYdX POL-USD | 0.1124 | 0.0014 | pay 0.0002% / 1h | 12m 49s | $17K | $3K | 5x |
| Short | GRVT POL_USDT_Perp | 0.1126 | 0.0100 | get 0.0050% / 4h | 1h 12m | $1.1M | $3.3M | 10x |
dYdX POL-USD
GRVT POL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against dYdX. 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
- $18.02
- Price spread: +0.140% → 0.000%
- $14.01
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $13.03
- Costs to cover
- 0.190%
- Break-even
- 1.9 days
Slippage unknown: dYdX: no order-book sample; GRVT: live order book, 1 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 dYdX no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 1 min ago | 1.34 bp | 12.1 bp −$12 | 18.7 bp −$187 | doesn't fit | doesn't fit |
dYdX: 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.
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 | −1.155% | $3K | $124K | 12x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0128% | 1h | 0.1125 | +0.090% | $206K | $237K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0071% | 1h | 0.1124 | −0.024% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0013% | 4h | 0.1123 | −0.106% | $11K | $198K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1123 | −0.128% | $3K | — | — | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1124 | −0.028% | $24K | — | 150x | as long as short |
| dYdX POL-USDlong | +0.0014% | 1h | 0.1124 | long leg | $17K | $3K | 5x | |
| Lighter POL | +0.0096% | 1h | 0.1124 | −0.017% | $300K | $577K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1123 | −0.060% | $376K | $359K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1124 | −0.034% | $17.4M | $51.5M | 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
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 | 0.1123 | −0.123% | $16.2M | $15.6M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1123 | −0.070% | $5.8M | $12.0M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1124 | −0.008% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1123 | −0.061% | $23.7M | $3.9M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1123 | −0.079% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1123 | −0.052% | $4.2M | $5.8M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1123 | −0.070% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1125 | +0.069% | $664K | $193K | — | as long as short |
| GRVT POL_USDT_Perpshort | +0.0100% | 4h | 0.1126 | +0.140% | $1.1M | $3.3M | 10x | |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1125 | +0.090% | $199K | $659K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1123 | −0.099% | $94K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1122 | −0.219% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1124 | −0.041% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0231% | 1h | 0.1126 | +0.160% | $7.6M | $4.6M | 5x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1125 | +0.117% | $915K | $170K | 75x | as long as short |
Bybit POLUSDT
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
GMX POL/USD [ETH-USDC]
Hyperliquid POL
BloFin POL-USDT