Funding you earn now, next payment 08:00 UTC+0.0336%/8h= +36.8% APRnext payment +$1.68 per $10,000 · paid last 24h +0.018%
Price spread now: GRVT against Gate+0.402%66s7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as 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−$800.795% of the position
Funding, last 7 days−0.130%−$13 on $10k
+Price spread, last 7 days−0.321%−$32 · spread now +0.402%, 7d avg +0.063%
=Together, before fees−0.451%+ Points / potential airdropGRVT: Active · farm board−$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and GRVT is 0.339% dearer against Gate than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.063%. Mind the row above: over the last 7 days funding on this pair cost −0.130%, so the current rate has only just turned in your favour. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.130% in total (about -6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate POL_USDT | 0.1085 | −0.0236 | get 0.0118% / 4h | 2h 32m | $1.8M | $1.3M | 75x |
| Short | GRVT POL_USDT_Perp | 0.1089 | 0.0100 | get 0.0050% / 4h | 2h 32m | $1.1M | $2.7M | 10x |
Gate POL_USDT
GRVT POL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Gate. 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
- $70.56
- Price spread: +0.402% → +0.063%
- $33.92
- Slippage, 4 orders
- −$55.53
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $24.94
- Costs to cover
- 0.795%
- Break-even
- 4.5 days
Slippage from Gate: live order book, 5 min ago; GRVT: live order book, 1 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 Gate live order book, 5 min ago | 4.60 bp | 21.2 bp −$21 | 228.6 bp −$2,286 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 1.84 bp | 16.2 bp −$16 | 33.2 bp −$332 | 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 | −0.0480% | 1h | 0.1086 | +0.129% | $200K | $200K | 50x | as long as short |
| Gate POL_USDTlong | −0.0236% | 4h | 0.1085 | long leg | $1.8M | $1.3M | 75x | |
| Kraken Futures PF_POLUSD | −0.0140% | 1h | 0.1086 | +0.104% | $1.1M | $1.0M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1085 | +0.038% | $2K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1087 | +0.215% | $18K | $4K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0001% | 1h | 0.1086 | +0.102% | $12K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +2.434% | $3K | $124K | 12x | as long as short |
| Orderly PERP_POL_USDC | +0.0039% | 4h | 0.1085 | +0.018% | $11K | $922K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1087 | +0.182% | $277K | $542K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1087 | +0.212% | $7.3M | $3.7M | 5x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Orderly PERP_POL_USDC
Lighter POL
Hyperliquid POLShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster POLUSDT | +0.0100% | 4h | 0.1086 | +0.122% | $360K | $242K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1085 | +0.083% | $16.6M | $38.4M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1085 | +0.018% | $15.6M | $10.6M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1084 | −0.018% | $5.6M | $9.5M | 50x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1086 | +0.111% | $24.5M | $3.2M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1086 | +0.129% | $2.9M | $939K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1086 | +0.092% | $4.0M | $4.2M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1085 | +0.065% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1088 | +0.335% | $602K | $166K | — | as long as short |
| GRVT POL_USDT_Perpshort | +0.0100% | 4h | 0.1089 | +0.402% | $1.1M | $2.7M | 10x | |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1090 | +0.498% | $193K | $630K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1087 | +0.186% | $91K | $270K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1087 | +0.184% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1086 | +0.093% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1091 | +0.562% | $899K | $160K | 75x | as long as short |
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT