Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.015%
Price spread now: MEXC against GRVT+0.124%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$420.424% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 7 days−0.169%−$17 · spread now +0.124%, 7d avg −0.030%
=Together, before fees−0.134%+ Points / potential airdropGRVT: Active · farm board−$13 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: MEXC is 0.154% dearer against GRVT than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT POL_USDT_Perp | 0.1115 | 0.0094 | pay 0.0047% / 4h | 2h 35m | $1.1M | $3.4M | 10x |
| Short | MEXC POL_USDT | 0.1117 | 0.0100 | get 0.0050% / 4h | 2h 35m | $23.4M | $4.0M | 125x |
GRVT POL_USDT_Perp
MEXC POL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $1.26
- Price spread: +0.124% → −0.030%
- $15.43
- Slippage, 4 orders
- −$33.45
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$25.75
- Costs to cover
- 0.424%
- Break-even
- 150.1 days
Slippage from GRVT: live order book, 3 min ago; MEXC: live order book, 3 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 | 1.35 bp | 13.2 bp −$13 | 37.9 bp −$379 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.45 bp | 3.8 bp −$4 | 29.7 bp −$297 | 85.2 bp −$8,522 | 160.9 bp −$80.4K |
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 | 0.1111 | −0.387% | $202K | $254K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0072% | 1h | 0.1117 | +0.194% | $1.2M | $1.8M | 50x | as long as short |
| ApeX Omni POLUSDT | −0.0045% | 1h | 0.1115 | −0.028% | $197K | $660K | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0035% | 4h | 0.1117 | +0.151% | $11K | $209K | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1117 | +0.148% | $3K | — | — | as long as short |
| dYdX POL-USD | +0.0004% | 1h | 0.1116 | +0.057% | $17K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0006% | 1h | 0.1118 | +0.200% | $22K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −0.387% | $3K | $124K | 12x | as long as short |
| GRVT POL_USDT_Perplong | +0.0094% | 4h | 0.1115 | long leg | $1.1M | $3.4M | 10x | |
| Lighter POL | +0.0096% | 1h | 0.1117 | +0.107% | $312K | $559K | 8x | as long as short |
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
ApeX Omni POLUSDT
Orderly PERP_POL_USDC
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POLShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid POL | +0.0100% | 1h | 0.1119 | +0.286% | $7.6M | $4.6M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1116 | +0.103% | $371K | $383K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1117 | +0.160% | $17.1M | $51.9M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1116 | +0.079% | $16.1M | $16.4M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1117 | +0.142% | $5.8M | $12.2M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1116 | +0.097% | $1.9M | $1.4M | 75x | as long as short |
| MEXC POL_USDTshort | +0.0100% | 4h | 0.1117 | +0.124% | $23.4M | $4.0M | 125x | |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1117 | +0.115% | $2.8M | $1.1M | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1117 | +0.151% | $4.1M | $6.0M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1117 | +0.133% | — | $7.3M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1115 | −0.054% | $658K | $211K | — | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1117 | +0.138% | $93K | $427K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1115 | +0.017% | $41K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0211% / S −0.0606% | 1h | 0.1118 | +0.212% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1115 | +0.017% | $905K | $168K | 75x | as long as short |
Hyperliquid POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
OKX POL-USDT-SWAP
Gate POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT