Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1206 | −0.0274 | get 0.0137% / 4h | 50m 05s | $1.1M | $3.1M | 10x | Long GRVT | |
| SHORT | 0.1198 | −0.0584 | pay 0.0073% / 1h | 50m 05s | $0 | $13K | 50x | Short 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 forecastFunding—−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
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
/8hPOL on 26 exchanges
lowest funding firstBefore 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 + $200GRVT 10x, Deribit 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments 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 OIDeribit sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- Watch: KYCGRVT No · Deribit YesID, 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 outPosition, each legHold forOrdersPrice spreadFunding 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 apartCosts to cover0.160%Break-evennever at this rate
Slippage: GRVT: live order book, 4 min ago; Deribit: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT4.1729.1 bp−$292619.4 bp−$26.2Kdoesn’t fitdoesn’t fit
SELL · SHORTDeribit—————
Closing costs about the same again.
Deribit: no data.
| 09-29 11:00 | Reya | Listing | POLRUSDPERP no longer reported ($POL) seen by our collector |
| 09-28 14:42 | Deribit | Listing | 🚨 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 13:03 | Deribit | Listing | new market POL_USDC-PERPETUAL ($POL) seen by our collector |
| 09-24 09:36 | Phemex | Listing | new market POLUSDT ($POL) seen by our collector |


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