Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.034%
Price spread now: GRVT against Injective−0.456%7-day average −0.016% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.273%+$127 on $10k
+Price spread, last 4 days (all we have)+4.546%+$455 · spread now −0.456%, 7d avg −0.016%
=Together, before fees+5.819%+ Points / potential airdropGRVT: Active · farm board+$582 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.441% cheaper against Injective than usual: you would sell low and buy high (spread −0.456% now, against its 7-day average of −0.016%). If the spread goes back, that is −$44 on $10k: about 22 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+1.273% in total) that is about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective POL/USDC PERP | 0.1111 | 0.0033 | pay 0.0004% / 1h | 17m 39s | $3K | $124K | 12x |
| Short | GRVT POL_USDT_Perp | 0.1106 | 0.0100 | get 0.0050% / 4h | 1h 17m | $1.1M | $2.7M | 10x |
Injective POL/USDC PERP
GRVT POL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Injective. 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
- $14
- Price spread: −0.456% → −0.016%
- −$44.07
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$39.09
- Costs to cover
- 0.090%
- Break-even
- 26.5 days
Slippage unknown: Injective: live order book, 1 min ago; GRVT: live order book, 1 min ago. Net counts fees only.
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 Injective live order book, 1 min ago | 68.03 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 1.36 bp | 7.2 bp −$7 | 37.5 bp −$375 | 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 | −0.0464% | 1h | 0.1098 | −1.170% | $202K | $198K | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1105 | −0.508% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1106 | −0.423% | $17K | $1K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1106 | −0.459% | $24K | — | 150x | as long as short |
| Injective POL/USDC PERPlong | +0.0033% | 1h | 0.1111 | long leg | $3K | $124K | 12x | |
| Orderly PERP_POL_USDC | +0.0042% | 4h | 0.1105 | −0.522% | $11K | $297K | 20x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1106 | −0.408% | $285K | $565K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1106 | −0.443% | $368K | $269K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1106 | −0.432% | $17.2M | $42.0M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1105 | −0.513% | $15.9M | $11.8M | 75x | as long as short |
Coinbase International POL-PERP-INTX
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Orderly PERP_POL_USDC
Lighter POL
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1106 | −0.450% | $5.7M | $10.1M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1105 | −0.531% | $1.8M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1106 | −0.432% | $23.9M | $3.5M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1106 | −0.432% | $2.9M | $973K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1106 | −0.405% | $4.2M | $4.6M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1106 | −0.423% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1106 | −0.473% | $612K | $209K | — | as long as short |
| GRVT POL_USDT_Perpshort | +0.0100% | 4h | 0.1106 | −0.456% | $1.1M | $2.7M | 10x | |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1106 | −0.450% | $196K | $636K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1106 | −0.460% | $92K | $448K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1103 | −0.692% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1106 | −0.482% | $3K | — | 100x | as long as short |
| Hyperliquid POL | +0.0226% | 1h | 0.1108 | −0.297% | $7.5M | $3.7M | 5x | as long as short |
| Kraken Futures PF_POLUSD | +0.0259% | 1h | 0.1106 | −0.424% | $1.2M | $1.2M | 50x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1106 | −0.459% | $913K | $166K | 75x | as long as short |
OKX POL-USDT-SWAP
Gate POL_USDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
Hyperliquid POL
Kraken Futures PF_POLUSD
BloFin POL-USDT