Funding you earn now, next payment 12:00 UTC−0.0081%/8h= −8.9% APRnext payment −$0.41 per $10,000 · paid last 24h −0.014%
Price spread now: OKX against GRVT−0.026%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$570.574% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days+0.099%+$10 · spread now −0.026%, 7d avg −0.030%
=Together, before fees+0.097%+ Points / potential airdropGRVT: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT POL_USDT_Perp | 0.1097 | 0.0016 | pay 0.0008% / 4h | 3h 39m | $1.1M | $2.9M | 10x |
| Short | OKX POL-USDT-SWAP | 0.1096 | −0.0065 | pay 0.0033% / 4h | 3h 39m | $5.7M | $9.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$17.02
- Price spread: −0.026% → −0.030%
- $0.42
- Slippage, 4 orders
- −$38.39
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$74
- Costs to cover
- 0.574%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago | 2.73 bp | 20.2 bp −$20 | 32.1 bp −$321 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.37 bp | 13.5 bp −$13 | 52.5 bp −$525 | 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 | −0.0600% | 1h | 0.1094 | −0.245% | $200K | $180K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0473% | 1h | 0.1098 | +0.077% | $1.2M | $973K | 50x | as long as short |
| Bybit POLUSDT | −0.0152% | 4h | 0.1096 | −0.026% | $15.8M | $9.5M | 75x | as long as short |
| Orderly PERP_POL_USDC | −0.0093% | 4h | 0.1097 | −0.008% | $11K | $2.2M | 20x | as long as short |
| ApeX Omni POLUSDT | −0.0072% | 1h | 0.1096 | −0.063% | $169K | $654K | 50x | as long as short |
| OKX POL-USDT-SWAPshort | −0.0065% | 4h | 0.1096 | −0.026% | $5.7M | $9.3M | 50x | |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1096 | −0.103% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1098 | +0.085% | $19K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1097 | +0.041% | $9K | — | 150x | as long as short |
| Gate POL_USDT | +0.0006% | 4h | 0.1096 | −0.053% | $1.8M | $1.2M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT POL_USDT_Perplong | +0.0016% | 4h | 0.1097 | long leg | $1.1M | $2.9M | 10x | |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.305% | $3K | $124K | 12x | as long as short |
| Extended POL-USD | +0.0040% | 1h | 0.1097 | −0.007% | $91K | $521K | 10x | as long as short |
| Binance POLUSDT | +0.0040% | 4h | 0.1097 | +0.052% | $16.7M | $35.7M | 75x | as long as short |
| MEXC POL_USDT | +0.0042% | 4h | 0.1097 | −0.008% | $25.2M | $3.4M | 125x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1097 | +0.030% | $274K | $539K | 8x | as long as short |
| Aevo POL-PERP | +0.0096% | 1h | 0.1095 | −0.136% | $40K | — | 3x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1098 | +0.102% | $7.4M | $3.7M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1097 | +0.069% | $363K | $167K | 20x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1097 | +0.010% | $2.9M | $871K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1097 | +0.010% | $4.0M | $3.8M | 50x | as long as short |
| BingX POL-USDT | +0.0100% | 4h | 0.1096 | −0.035% | — | $7.2M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1096 | −0.093% | $606K | $166K | — | as long as short |
| BloFin POL-USDT | +0.0172% | 4h | 0.1096 | −0.044% | $896K | $146K | 75x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1098 | +0.130% | $3K | — | 100x | as long as short |
GRVT POL_USDT_Perp
OKX POL-USDT-SWAP
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Bybit POLUSDT
ApeX Omni POLUSDT
gTrade (Gains Network) POL/USD
Gate POL_USDT
Injective POL/USDC PERP
Extended POL-USD
Binance POLUSDT
MEXC POL_USDT
Lighter POL
Hyperliquid POL
Aster POLUSDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDT
Variational Omni POL
BloFin POL-USDT
GMX POL/USD [ETH-USDC]