Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%
Price spread now: Binance against GRVT+0.283%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$590.589% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 7 days−0.352%−$35 · spread now +0.283%, 7d avg −0.027%
=Together, before fees−0.318%+ Points / potential airdropGRVT: Active · farm board−$32 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: Binance is 0.310% dearer against GRVT than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT POL_USDT_Perp | 0.1119 | 0.0100 | pay 0.0050% / 4h | 3h 43m | $1.1M | $3.0M | 10x |
| Short | Binance POLUSDT | 0.1122 | 0.0100 | get 0.0050% / 4h | 3h 43m | $17.3M | $46.0M | 75x |
GRVT POL_USDT_Perp
Binance POLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: +0.283% → −0.027%
- $31.01
- Slippage, 4 orders
- −$39.93
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$27.93
- Costs to cover
- 0.589%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 6 min ago; Binance: live order book, 14 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, 6 min ago | 1.79 bp | 19.8 bp −$20 | 54.3 bp −$543 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.45 bp | 12.1 bp −$12 | 22.5 bp −$225 | 124.4 bp −$12.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_POLUSD | −0.0240% | 1h | 0.1120 | +0.056% | $1.2M | $1.3M | 50x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0152% | 1h | 0.1115 | −0.370% | $204K | $200K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1122 | +0.220% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1121 | +0.141% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1123 | +0.316% | $24K | — | 150x | as long as short |
| Orderly PERP_POL_USDC | +0.0015% | 4h | 0.1122 | +0.264% | $11K | $175K | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.727% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1121 | +0.157% | $294K | $579K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1121 | +0.173% | $372K | $340K | 20x | as long as short |
| Binance POLUSDTshort | +0.0100% | 4h | 0.1122 | +0.283% | $17.3M | $46.0M | 75x |
Kraken Futures PF_POLUSD
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Orderly PERP_POL_USDC
Injective POL/USDC PERP
Lighter POL
Aster POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1122 | +0.247% | $16.2M | $13.4M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1122 | +0.273% | $5.8M | $11.0M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1120 | +0.068% | $1.9M | $1.2M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1121 | +0.211% | $24.3M | $3.7M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1122 | +0.220% | $3.0M | $1.0M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1122 | +0.220% | $4.2M | $4.9M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1121 | +0.202% | — | $1.7M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1118 | −0.068% | $619K | $225K | — | as long as short |
| GRVT POL_USDT_Perplong | +0.0100% | 4h | 0.1119 | long leg | $1.1M | $3.0M | 10x | |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1118 | −0.102% | $197K | $643K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1121 | +0.143% | $93K | $519K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1122 | +0.256% | $41K | — | 3x | as long as short |
| Hyperliquid POL | +0.0133% | 1h | 0.1124 | +0.416% | $7.6M | $3.9M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0217% / S −0.0750% | 1h | 0.1123 | +0.317% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1119 | −0.048% | $908K | $159K | 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
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
Hyperliquid POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT