Funding you earn now, next payment 02:00 UTC+0.0119%/8h= +13.0% APRpaid last 24h +0.002%
Price spread now: GRVT against Polymarket Perps+0.344%7-day average +0.174% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$290.290% of the position
Funding, last 7 days+0.227%+$23 on $10k
+Price spread, last 7 days−0.325%−$32 · spread now +0.344%, 7d avg +0.174%
=Together, before fees−0.098%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GRVT is 0.170% dearer against Polymarket Perps than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.174%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps HOOD-USD | 121.60 | −0.0119 | get 0.0015% / 1h | 45m 06s | $252K | $344K | 10x |
| Short | GRVT HOOD_USDT_Perp | 122.02 | 0 | get 0.0000% / 8h | 6h 45m | $865K | $2.0M | 10x |
Polymarket Perps HOOD-USD
GRVT HOOD_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
- $25
- Price spread: +0.344% → +0.174%
- $17
- Slippage, 4 orders
- −$12.04
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $12.96
- Costs to cover
- 0.290%
- Break-even
- 3.4 days
Slippage from Polymarket Perps: live order book, 22 min ago; GRVT: 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 Polymarket Perps live order book, 22 min ago | 1.22 bp | 5.9 bp −$6 | 7.5 bp −$75 | 9.2 bp −$918 | doesn't fit |
| Sell GRVT live order book, 3 min ago | 0.41 bp | 8.5 bp −$9 | 21.6 bp −$216 | doesn't fit | doesn't fit |
HOOD on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USDlong | −0.0119% | 1h | 121.60 | long leg | $252K | $344K | 10x | |
| Aster HOODUSDT | 0.0000% | 8h | 121.82 | +0.178% | $107K | $273K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.77 | +0.138% | $361K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.82 | +0.181% | $21.2M | $90.6M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.78 | +0.148% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.79 | +0.156% | $2.8M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.77 | +0.136% | $373K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.78 | +0.148% | $562K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.82 | +0.181% | $5.4M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.75 | +0.120% | $2.3M | $1.1M | — | as long as short |
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perpshort | 0.0000% | 8h | 122.02 | +0.344% | $865K | $2.0M | 10x | |
| Phemex HOODUSDT | 0.0000% | 8h | 121.78 | +0.148% | $996K | $8K | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.80 | +0.164% | $2.9M | $3.0M | 10x | as long as short |
| QFEX HOOD-USD | +0.0034% | 1h | 121.74 | +0.115% | $1.3M | $4.0M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0035% | 1h | 121.61 | +0.008% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.88 | +0.230% | $1.1M | $1.8M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.75 | +0.124% | $733 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.67 | +0.058% | $1.2M | $1.6M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 121.72 | +0.099% | $197K | $1.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0091% | 1h | 121.78 | +0.148% | $52.6M | $28.0M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.79 | +0.153% | $68K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.83 | +0.189% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.81 | +0.173% | $5K | $92K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.78 | +0.148% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.75 | +0.120% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.00 | +0.329% | $182K | $162K | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 121.38 | −0.181% | $58K | $57K | 30x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 122.08 | +0.395% | $28K | $237K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0325% | 1h | 121.83 | +0.189% | $7K | $68K | 10x | as long as short |
| edgeX HOODUSDC | +0.0752% | 4h | 121.87 | +0.218% | $367K | $306K | 10x | as long as short |
Phemex HOODUSDT
Lighter HOOD
QFEX HOOD-USD
Vest HOOD-USD-PERP
Arcus HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC