Funding you earn now, next payment 09:00 UTC−0.1665%/8h= −182.3% APRpaid last 24h +0.022%
Price spread now: GRVT against Polymarket Perps−0.231%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$470.469% of the position
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 4 days (all we have)+0.075%+$7 · spread now −0.231%, 7d avg +0.047%
=Together, before fees+0.039%+ Points / potential airdropGRVT: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$50 a day on $10k at the current rate, and GRVT is 0.277% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.035% in total (about -1.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ARM-USD | 319.32 | 0.0050 | pay 0.0006% / 1h | 50m 59s | $369K | $1.2M | 10x |
| Short | GRVT ARM_USDT_Perp | 318.58 | −0.1615 | pay 0.1615% / 8h | 7h 50m | $1K | $238K | 10x |
Polymarket Perps ARM-USD
GRVT ARM_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Polymarket Perps. 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
- −$349.65
- Price spread: −0.231% → +0.047%
- −$27.73
- Slippage, 4 orders
- −$29.92
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$424.3
- Costs to cover
- 0.469%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 12 min ago; GRVT: live order book, 46 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 Polymarket Perps live order book, 12 min ago | 1.87 bp | 9.2 bp −$9 | 9.3 bp −$93 | 12.6 bp −$1,257 | doesn't fit |
| Sell GRVT live order book, 46 min ago | 2.02 bp | 16.4 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
ARM on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perpshort | −0.1615% | 8h | 318.58 | −0.231% | $1K | $238K | 10x | |
| edgeX ARMUSDC | −0.0684% | 4h | 318.80 | −0.162% | $36K | $359K | 10x | as long as short |
| Bitget ARMUSDT | −0.0426% | 8h | 319.62 | +0.094% | $1.7M | $4.0M | 20x | as long as short |
| BloFin ARM-USDT | −0.0019% | 8h | 319.43 | +0.034% | $123K | $52K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 319.67 | +0.109% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 319.63 | +0.099% | $31K | $320K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 319.64 | +0.100% | $8.2M | $49.8M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 319.59 | +0.085% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 319.12 | −0.063% | $1.6M | $6.5M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 319.37 | +0.016% | $1.4M | $4.0M | 50x | as long as short |
edgeX ARMUSDC
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ARM | 0.0000% | 8h | 320.29 | +0.304% | $187K | $252K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 319.63 | +0.097% | $1K | $2.3M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 319.01 | −0.097% | $18K | $14K | 20x | as long as short |
| QFEX ARM-USD | +0.0020% | 1h | 319.52 | +0.063% | $1.1M | $3.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 319.10 | −0.069% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 319.45 | +0.041% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 319.50 | +0.056% | $8.2M | $8.6M | 10x | as long as short |
| Polymarket Perps ARM-USDlong | +0.0050% | 1h | 319.32 | long leg | $369K | $1.2M | 10x | |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 318.86 | −0.144% | $182K | $430K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0063% | 1h | 319.34 | +0.006% | $12K | $56K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 319.59 | +0.085% | $2.3M | $138K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0104% | 1h | 319.39 | +0.022% | $98K | $279K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.70 | +1.685% | $5K | $44K | 12x | as long as short |
| Phoenix ARM | +0.0224% | 1h | 318.74 | −0.182% | $5K | $414K | 10x | as long as short |
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Ondo Perps ARM-USD.P
Deribit ARM_USDC-PERPETUAL
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
Phoenix ARM