Funding you earn now, next payment 23:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h −0.032%
Price spread now: GRVT against Polymarket Perps−0.010%63s7-day average +0.050% · 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—prices read too far apart to compare
costs, in and out, $10k−$430.434% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 3 days (all we have)+0.023%+$2 · spread now −0.010%, 7d avg +0.050%
=Together, before fees−0.044%+ Points / potential airdropGRVT: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 0.061% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.050%). Swap the legs. 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 | Polymarket Perps LITE-USD | 959.15 | 0.0050 | pay 0.0006% / 1h | 34m 02s | $29K | $489K | 10x |
| Short | GRVT LITE_USDT_Perp | 959.05 | 0.0026 | get 0.0026% / 8h | 1h 34m | $480 | $249K | 10x |
Polymarket Perps LITE-USD
GRVT LITE_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
- −$5.04
- Price spread: −0.010% → +0.050%
- −$6.05
- Slippage, 4 orders
- −$26.36
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$54.45
- Costs to cover
- 0.434%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 49 min ago; GRVT: live order book, 48 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, 49 min ago | 2.77 bp | 9.0 bp −$9 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 48 min ago | 1.10 bp | 16.3 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
LITE on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin LITE-USDT | −0.0008% | 8h | 958.73 | −0.044% | $223K | $235K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 958.17 | −0.102% | $107K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 959.20 | +0.005% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 959.42 | +0.028% | $13.8M | $45.3M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 958.68 | −0.049% | $1.9M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 959.29 | +0.015% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 959.61 | +0.048% | $8.0M | $6.3M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 959.10 | −0.005% | $2.8M | $3.0M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 959.01 | −0.015% | $241K | $142K | — | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 959.00 | −0.016% | $702 | $4.2M | 10x | as long as short |
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
Variational Omni LITE
SunX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 959.71 | +0.058% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 959.68 | +0.055% | $1.5M | $685K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | +0.0008% | 1h | 958.20 | −0.099% | $115K | $304K | 10x | as long as short |
| GRVT LITE_USDT_Perpshort | +0.0026% | 8h | 959.05 | −0.010% | $480 | $249K | 10x | |
| Lighter LITE | +0.0032% | 1h | 959.02 | −0.014% | $27K | $102K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 958.33 | −0.085% | — | $3K | 10x | as long as short |
| QFEX LITE-USD | +0.0047% | 1h | 958.97 | −0.019% | $1.1M | $5.2M | 10x | as long as short |
| Polymarket Perps LITE-USDlong | +0.0050% | 1h | 959.15 | long leg | $29K | $489K | 10x | |
| SoDEX LITE-USD | +0.0050% | 1h | 959.09 | −0.006% | $23K | $10K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 958.15 | −0.104% | $176K | $158K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 958.06 | −0.114% | $516K | $38K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.07 | −0.008% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 959.06 | −0.009% | $932 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 958.96 | −0.020% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0178% | 1h | 959.35 | +0.021% | $7.2M | $5.1M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0251% | 1h | 959.06 | −0.009% | $19K | $36K | 10x | as long as short |
| edgeX LITEUSDC | +0.0496% | 4h | 958.96 | −0.020% | $69K | $460K | 10x | as long as short |
HTX LITE-USDT
Phemex LITEUSDT
Coinbase International LITE-PERP-INTX
Lighter LITE
Vest LITE-USD-PERP
QFEX LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
Deribit LITE_USDC-PERPETUAL
edgeX LITEUSDC