TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.000004583−0.0282get 0.0035% / 1h58m 27s$75K$145K10xLong Polymarket Perps
SHORT0.000004560+0.0100get 0.0100% / 8h6h 58m$380K$890K10xShort GRVT
Price gap−0.499%60s
Funding gap+0.0382% /8h

Funding pays +$11 a day on $10k, but the gap is 0.557% under its 7d average: −$56 if it goes back, about 4.9 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$107+0.0382% /8h now · paid +1.075% over the last 7D
Price—spread −0.499%60s now · prices read too far apart to compare
Costs−$370.368% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropGRVT: points · farm boardneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.499%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SHIB on 31 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Large against open interest8.2 / 9.6 bp
    $10k is over 10% of Polymarket Perps’s open interest.
  • Note: Margin at max leverage$1,000 + $1,000
    Polymarket Perps 10x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$11.46Long Polymarket Perps: 24 payments, +$8.46; short GRVT: 3 payments, +$3.00.
  • Watch: Prices read 60 s apart−0.499% vs +0.058%
    Part of this gap may be the market moving.
  • Watch: Long leg is thinner$75K vs $380K OI
    Polymarket Perps sets your exit cost. Check its book before closing.
  • OK: Points on a legGRVT points
    Volume here counts toward the points program.
  • OK: No KYC on either legPolymarket Perps No · GRVT No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0512%/8h × 21 periods+$107.50
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$19.84
Fee Polymarket Perps bp × 2 orders−$8.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k+$70.66
price spread not counted: prices read too far apart
Costs to cover0.368%Break-even2.4 days
Slippage: Polymarket Perps: live order book, 58 min ago; GRVT: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPolymarket Perps3.248.2 bp−$815.8 bp−$158doesn’t fitdoesn’t fit
SELL · SHORTGRVT3.299.6 bp−$1023.4 bp−$234doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

SHIB news

posts that mention SHIB, from every exchangeSearch all news →
10-29 01:05MEXCListingSHIB_USDC no longer reported ($SHIB) seen by our collector
10-07 09:58dYdXListingSHIB-USD no longer reported ($SHIB) seen by our collector
09-28 17:53PhoenixListingNow live on Phoenix: $SHIB - 10x leverage $PEPE - 10x leverage @PhoenixTrade on X ↗
09-24 15:02PhoenixListingnew market kSHIB ($SHIB) seen by our collector