Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.1206−0.0274get 0.0137% / 4h50m 05s$1.1M$3.1M10xLong GRVT
SHORT0.1198−0.0584pay 0.0073% / 1h50m 05s$0$13K50xShort Deribit
Price gap−0.630%75s
Funding gap−0.0310% /8h

Both sides work against this direction now: funding costs $9 a day on $10k and the gap is 0.630% under zero (no 7-day history yet). Swap the legs.

The two prices were read 75 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding—−0.0310% /8h now · no funding history yet
Price—spread −0.630%75s now · prices read too far apart to compare
Costsno datano order book for Deribit
Result, before costs—+ Points / potential airdropGRVT: points · farm boardneeds funding history

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Deribit price against GRVTnow
RANGE STATS · 7D
Now−0.630%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

POL on 26 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Note: Order book unknown—
    No order-book sample for Deribit: its slippage is not counted.
  • Note: Margin at max leverage$1,000 + $200
    GRVT 10x, Deribit 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$9.30Long GRVT: 6 payments, +$8.22; short Deribit: 24 payments, −$17.52.
  • Watch: Prices read 75 s apart−0.630% vs —
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$0 vs $1.1M OI
    Deribit sets your exit cost. Check its book before closing.
  • OK: Points on a legGRVT points
    Volume here counts toward the points program.
  • Watch: KYCGRVT No · Deribit Yes
    ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earnedno history yet: current rate−$65.11
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Deribit—
Fee GRVT bp × 2 orders−$9.00
Fee Deribit bp × 2 orders−$7.00
Net, fees only · 7 days · $10k−$81.11
price spread not counted: prices read too far apart
Costs to cover0.160%Break-evennever at this rate
Slippage: GRVT: live order book, 4 min ago; Deribit: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGGRVT4.1729.1 bp−$292619.4 bp−$26.2Kdoesn’t fitdoesn’t fit
SELL · SHORTDeribit—————

Closing costs about the same again.
Deribit: no data.

Alert

POL news

posts that mention POL, from every exchangeSearch all news →
09-29 11:00ReyaListingPOLRUSDPERP no longer reported ($POL) seen by our collector
09-28 14:42DeribitListing🚨 Pre-IPO Anthropic, POL & OPG USDC Perpetuals. Now Live Deribit has launched the following USDC-settled perpetual markets: ANTH_USDC | POL_USDC | OPG_USDC Read more 👉 Disclaimer: Deribit FZE is authorised and regulated by the Virtual Assets Regulatory Authority (VARA) in Dubai. Availability of products and services is subject to applicable regulatory requirements and investor classification. Virtual Assets are subject to extreme market volatility, involve a high degree of risk, and can lose value, in part or in full. Deribit does not endorse, sponsor, or have any affiliation with Anthropic. Any use of a referenced company’s name or marks is nominative and limited to what is necessary to identify the relevant category. @DeribitOfficial on X ↗
09-28 13:03DeribitListingnew market POL_USDC-PERPETUAL ($POL) seen by our collector
09-24 09:36PhemexListingnew market POLUSDT ($POL) seen by our collector