Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.012%
Price spread now: Extended against GRVT−0.175%72s7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as 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−$610.614% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)−0.503%−$50 · spread now −0.175%, 7d avg −0.055%
=Together, before fees−0.476%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$48 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: Extended is 0.119% cheaper against GRVT than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.055%. The two prices were read 72 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 | GRVT POL_USDT_Perp | 0.1117 | 0.0100 | pay 0.0050% / 4h | 2h 58m | $1.1M | $3.5M | 10x |
| Short | Extended POL-USD | 0.1115 | 0.0104 | get 0.0013% / 1h | 58m 22s | $93K | $437K | 10x |
GRVT POL_USDT_Perp
Extended POL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.175% → −0.055%
- −$11.93
- Slippage, 4 orders
- −$47.4
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$72.49
- Costs to cover
- 0.614%
- Break-even
- 611.1 days
Slippage from GRVT: live order book, 5 min ago; Extended: live order book, 29 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, 5 min ago | 1.34 bp | 16.3 bp −$16 | 47.9 bp −$479 | doesn't fit | doesn't fit |
| Sell Extended live order book, 29 min ago | 1.79 bp | 15.5 bp −$15 | 148.8 bp −$1,488 | 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 | −0.0080% | 1h | 0.1115 | −0.200% | $203K | $255K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1116 | −0.120% | $1.2M | $1.8M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0043% | 4h | 0.1115 | −0.173% | $11K | $215K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1116 | −0.125% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1118 | +0.068% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1116 | −0.068% | $22K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1113 | −0.379% | $3K | $73K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1115 | −0.157% | $322K | $549K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1118 | +0.104% | $7.6M | $4.7M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1116 | −0.098% | $371K | $383K | 20x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Orderly PERP_POL_USDC
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POL
Hyperliquid POL
Aster POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance POLUSDT | +0.0100% | 4h | 0.1114 | −0.265% | $17.0M | $52.8M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1115 | −0.191% | $16.1M | $16.8M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1115 | −0.218% | $5.8M | $12.5M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1116 | −0.102% | $1.9M | $1.4M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1116 | −0.093% | $23.4M | $4.0M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1118 | +0.041% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1115 | −0.182% | $4.1M | $6.0M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1116 | −0.138% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1118 | +0.092% | $659K | $260K | — | as long as short |
| GRVT POL_USDT_Perplong | +0.0100% | 4h | 0.1117 | long leg | $1.1M | $3.5M | 10x | |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1117 | −0.021% | $198K | $659K | 50x | as long as short |
| Extended POL-USDshort | +0.0104% | 1h | 0.1115 | −0.175% | $93K | $437K | 10x | |
| Aevo POL-PERP | +0.0104% | 1h | 0.1114 | −0.290% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1116 | −0.086% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1116 | −0.084% | $905K | $169K | 75x | as long as short |
Binance POLUSDT
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
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT