Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.051%
Price spread now: Polymarket Perps against GRVT−0.091%63s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Polymarket Perps is 0.091% cheaper against GRVT than usual: you would sell low and buy high (spread −0.091% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 6.0 days of funding at the current rate (+$2 a day). 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 EWY_USDT_Perp | 190.12 | 0 | get 0.0000% / 8h | 5h 59m | $751K | $390K | 10x |
| Short | Polymarket Perps EWY-USD | 189.95 | 0.0050 | get 0.0006% / 1h | 59m 38s | $4K | $126 | 20x |
GRVT EWY_USDT_Perp
Polymarket Perps EWY-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: −0.091% → 0.000%
- −$9.07
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$15.57
- Costs to cover
- 0.170%
- Break-even
- 17.4 days
Slippage unknown: GRVT: live order book, 3 min ago; Polymarket Perps: no order-book sample. 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 GRVT live order book, 3 min ago | 1.58 bp | 6.6 bp −$7 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Polymarket Perps no order-book sample | — | — | — | — | — |
Polymarket Perps: 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.
EWY on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | −0.0118% | 1h | 190.05 | −0.038% | $2K | $13K | 20x | as long as short |
| tradeXYZ xyz:EWY | −0.0024% | 1h | 189.98 | −0.075% | $6.1M | $14.0M | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.12 | −0.001% | $5.1M | $4.3M | 100x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 190.06 | −0.033% | $4.0M | $3.6M | 50x | as long as short |
| GRVT EWY_USDT_Perplong | 0.0000% | 8h | 190.12 | long leg | $751K | $390K | 10x | |
| SunX EWY-USDT | 0.0000% | 8h | 190.11 | −0.007% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.00 | −0.064% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.03 | −0.049% | $1.7M | $38K | 10x | as long as short |
| Entropy io:EWY | +0.0017% | 1h | 190.01 | −0.059% | $52K | $57K | 25x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.07 | −0.028% | $385K | $39K | 20x | as long as short |
Deribit EWY_USDC-PERPETUAL
tradeXYZ xyz:EWY
Bybit EWYUSDT
Gate EWY_USDT
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Entropy io:EWY
Lighter EWYShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.33 | +0.109% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 190.15 | +0.014% | $197K | $146K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0048% | 1h | 189.56 | −0.296% | $529K | $322K | 20x | as long as short |
| Polymarket Perps EWY-USDshort | +0.0050% | 1h | 189.95 | −0.091% | $4K | $126 | 20x | |
| SoDEX EWY-USD | +0.0050% | 1h | 190.05 | −0.038% | $740 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.08 | −0.022% | $197K | $275K | 10x | as long as short |
| Bitget EWYUSDT | +0.0054% | 8h | 190.02 | −0.054% | $2.7M | $2.0M | 20x | as long as short |
| Paradex EWY-USD-PERP | +0.0061% | 8h | 190.08 | −0.023% | $23 | — | 5x | as long as short |
| Hotstuff EWY-PERP | +0.0096% | 1h | 189.99 | −0.070% | $28K | $12K | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 189.96 | −0.085% | $978K | $626K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.19 | +0.036% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.14 | +0.009% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0156% | 8h | 190.05 | −0.038% | $4.1M | $3.5M | 50x | as long as short |
| edgeX EWYUSDC | +0.0195% | 4h | 190.01 | −0.060% | $426K | $284K | 20x | as long as short |
| Aster EWYUSDT | +0.0293% | 8h | 190.19 | +0.033% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0358% | 8h | 190.12 | 0.000% | $1.2M | $1.1M | — | as long as short |
| Binance EWYUSDT | +0.0379% | 8h | 190.07 | −0.028% | $28.3M | $77.2M | 50x | as long as short |
| MEXC EWY_USDT | +0.0380% | 8h | 190.08 | −0.022% | $7.0M | $4.1M | 100x | as long as short |
| Extended EWY_24_5-USD | +0.0384% | 1h | 190.04 | −0.041% | $302K | $665K | 10x | as long as short |
Vest EWY-USD-PERP
Popdex EWYUSDT
Coinbase International EWY-PERP-INTX
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Bitget EWYUSDT
Paradex EWY-USD-PERP
Hotstuff EWY-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
edgeX EWYUSDC
Aster EWYUSDT
Variational Omni EWY
Binance EWYUSDT
MEXC EWY_USDT
Extended EWY_24_5-USD