Funding you earn now, next payment 01:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h +0.012%
Price spread now: GRVT against Reya−0.104%64s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropReya: Active · GRVT: Active · farm boardneeds both histories
Funding pays, the price is against you. GRVT is 0.104% cheaper against Reya than usual: you would sell low and buy high (spread −0.104% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.3 days of funding at the current rate (+$3 a day). The two prices were read 64 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 | Reya POLRUSDPERP | 0.1125 | −0.0006 | get 0.0001% / 1h | 13m 47s | $3K | — | — |
| Short | GRVT POL_USDT_Perp | 0.1124 | 0.0100 | get 0.0050% / 4h | 3h 13m | $1.1M | $2.9M | 10x |
Reya POLRUSDPERP
GRVT POL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Reya. 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
- $22.32
- Price spread: −0.104% → 0.000%
- −$10.42
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$3.1
- Costs to cover
- 0.150%
- Break-even
- 8.0 days
Slippage unknown: Reya: no order-book sample; GRVT: live order book, 5 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 Reya no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 5 min ago | 2.23 bp | 15.0 bp −$15 | 34.0 bp −$340 | doesn't fit | doesn't fit |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_POLUSD | −0.0238% | 1h | 0.1127 | +0.180% | $1.2M | $1.3M | 50x | as long as short |
| Coinbase International POL-PERP-INTX | −0.0152% | 1h | 0.1116 | −0.785% | $204K | $199K | 50x | as long as short |
| Reya POLRUSDPERPlong | −0.0006% | 1h | 0.1125 | long leg | $3K | — | — | |
| gTrade (Gains Network) POL/USD | L +0.0004% / S −0.0007% | 1h | 0.1126 | +0.097% | $24K | — | 150x | as long as short |
| dYdX POL-USD | +0.0018% | 1h | 0.1127 | +0.177% | $17K | $4K | 5x | as long as short |
| Orderly PERP_POL_USDC | +0.0024% | 4h | 0.1125 | +0.042% | $11K | $162K | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | −1.229% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1127 | +0.180% | $294K | $585K | 8x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1127 | +0.164% | $374K | $303K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1127 | +0.150% | $17.3M | $44.1M | 75x | as long as short |
Kraken Futures PF_POLUSD
Coinbase International POL-PERP-INTX
gTrade (Gains Network) POL/USD
dYdX POL-USD
Orderly PERP_POL_USDC
Injective POL/USDC PERP
Lighter POL
Aster POLUSDT
Binance POLUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POLUSDT | +0.0100% | 4h | 0.1126 | +0.113% | $16.2M | $12.9M | 75x | as long as short |
| OKX POL-USDT-SWAP | +0.0100% | 4h | 0.1126 | +0.104% | $5.8M | $10.6M | 50x | as long as short |
| Gate POL_USDT | +0.0100% | 4h | 0.1126 | +0.069% | $1.9M | $1.3M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1127 | +0.149% | $24.4M | $3.7M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1127 | +0.166% | $3.0M | $973K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1126 | +0.140% | $4.2M | $4.8M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1127 | +0.166% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1125 | +0.018% | $623K | $224K | — | as long as short |
| GRVT POL_USDT_Perpshort | +0.0100% | 4h | 0.1124 | −0.104% | $1.1M | $2.9M | 10x | |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1122 | −0.251% | $199K | $645K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1126 | +0.127% | $94K | $449K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1124 | −0.074% | $41K | — | 3x | as long as short |
| Hyperliquid POL | +0.0179% | 1h | 0.1128 | +0.300% | $7.6M | $3.9M | 5x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0217% / S −0.0750% | 1h | 0.1126 | +0.084% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1127 | +0.149% | $912K | $161K | 75x | as long as short |
Bybit POLUSDT
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
Hyperliquid POL
GMX POL/USD [ETH-USDC]
BloFin POL-USDT