Funding you earn now, next payment 08:00 UTC−0.0298%/8h= −32.6% APRnext payment −$1.49 per $10,000 · paid last 24h −0.018%
Price spread now: Gate against GRVT−0.070%51s7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as 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−$770.773% of the position
Funding, last 7 days+0.130%+$13 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now −0.070%, 7d avg −0.063%
=Together, before fees+0.118%+ Points / potential airdropGRVT: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.063%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.130%, so the current rate has only just turned against you. The two prices were read 51 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 −$1.49 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 | GRVT POL_USDT_Perp | 0.1096 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $1.1M | $2.8M | 10x |
| Short | Gate POL_USDT | 0.1095 | −0.0198 | pay 0.0099% / 4h | 2h 00m | $1.8M | $1.3M | 75x |
GRVT POL_USDT_Perp
Gate POL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$62.58
- Price spread: −0.070% → −0.063%
- −$0.64
- Slippage, 4 orders
- −$53.3
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$140.52
- Costs to cover
- 0.773%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 3 min ago; Gate: live order book, 2 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, 3 min ago | 5.02 bp | 15.7 bp −$16 | 30.1 bp −$301 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.02 bp | 21.1 bp −$21 | 184.5 bp −$1,845 | 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 | 0.1093 | −0.252% | $201K | $202K | 50x | as long as short |
| Gate POL_USDTshort | −0.0198% | 4h | 0.1095 | −0.070% | $1.8M | $1.3M | 75x | |
| Kraken Futures PF_POLUSD | −0.0139% | 1h | 0.1096 | +0.018% | $1.2M | $1.0M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1095 | −0.066% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1096 | +0.011% | $19K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0001% | 1h | 0.1096 | +0.018% | $12K | — | 150x | as long as short |
| Orderly PERP_POL_USDC | +0.0032% | 4h | 0.1095 | −0.051% | $11K | $1.1M | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.390% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1096 | +0.020% | $277K | $545K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1097 | +0.154% | $7.4M | $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
Orderly PERP_POL_USDC
Injective POL/USDC PERP
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 | 0.1096 | +0.045% | $363K | $240K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1096 | +0.022% | $16.7M | $37.9M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1096 | −0.006% | $15.7M | $10.3M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1096 | +0.022% | $5.6M | $9.6M | 50x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1096 | −0.006% | $24.7M | $3.3M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1096 | +0.022% | $2.9M | $938K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1096 | +0.049% | $4.1M | $4.1M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1096 | +0.012% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1095 | −0.075% | $605K | $167K | — | as long as short |
| GRVT POL_USDT_Perplong | +0.0100% | 4h | 0.1096 | long leg | $1.1M | $2.8M | 10x | |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1096 | +0.022% | $195K | $633K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1096 | −0.007% | $91K | $268K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1094 | −0.141% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1096 | +0.014% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1095 | −0.061% | $895K | $155K | 75x | as long as short |
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT