Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.037%
Price spread now: Polymarket Perps against GRVT−0.049%63s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$290.294% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 3 days (all we have)−0.022%−$2 · spread now −0.049%, 7d avg −0.031%
=Together, before fees+0.110%+ Points / potential airdropGRVT: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 63 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 | GRVT COIN_USDT_Perp | 201.79 | 0 | get 0.0000% / 8h | 1h 20m | $16K | $2.0M | 10x |
| Short | Polymarket Perps COIN-USD | 201.69 | 0.0050 | get 0.0006% / 1h | 20m 15s | $146K | $1.2M | 10x |
GRVT COIN_USDT_Perp
Polymarket Perps COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $10.5
- Price spread: −0.049% → −0.031%
- −$1.77
- Slippage, 4 orders
- −$12.38
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$20.65
- Costs to cover
- 0.294%
- Break-even
- 20.8 days
Slippage from GRVT: live order book, 3 min ago; Polymarket Perps: live order book, 3 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, 3 min ago | 1.24 bp | 7.5 bp −$7 | 15.0 bp −$150 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 2.23 bp | 6.2 bp −$6 | 7.2 bp −$72 | 11.2 bp −$1,115 | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.27 | −0.257% | $44K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.91 | +0.060% | $370K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.85 | +0.030% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.89 | +0.050% | $15.6M | $76.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.99 | +0.100% | $5.0M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.96 | +0.085% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.92 | +0.065% | $1.3M | $7.0M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.94 | +0.075% | $6.9M | $9.9M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.97 | +0.089% | $799K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perplong | 0.0000% | 8h | 201.79 | long leg | $16K | $2.0M | 10x |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0016% | 1h | 201.92 | +0.065% | $1.4M | $3.9M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 201.84 | +0.027% | $372K | $2.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.82 | +0.015% | $433K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.93 | +0.070% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.73 | −0.029% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USDshort | +0.0050% | 1h | 201.69 | −0.049% | $146K | $1.2M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 201.85 | +0.030% | $84 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.78 | −0.005% | $362K | $3.3M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0064% | 1h | 201.72 | −0.034% | $16.5M | $13.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.85 | +0.030% | $1.0M | $145K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.77 | −0.010% | $91K | $346K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.87 | +0.040% | $584 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.89 | +0.051% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.00 | +0.104% | $200K | $342K | 20x | as long as short |
| Phoenix COIN | +0.0198% | 1h | 201.76 | −0.014% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0574% | 4h | 201.64 | −0.074% | $52K | $293K | 10x | as long as short |
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
SoDEX COIN-USD
Ondo Perps COIN-USD.P
tradeXYZ xyz:COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC