Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.016%
Price spread now: Polymarket Perps against GRVT+0.002%63s7-day average −0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as 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−$260.259% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.002%, 7d avg −0.079%
=Together, before fees−0.143%+ Points / potential airdropGRVT: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.081% dearer against GRVT than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.079%. Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour. 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 MU_USDT_Perp | 1,041 | 0 | get 0.0000% / 8h | 1h 58m | $84K | $1.4M | 10x |
| Short | Polymarket Perps MU-USD | 1,041 | 0.0050 | get 0.0006% / 1h | 58m 02s | $169K | $203K | 10x |
GRVT MU_USDT_Perp
Polymarket Perps MU-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: +0.002% → −0.079%
- $8.06
- Slippage, 4 orders
- −$8.95
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$7.39
- Costs to cover
- 0.259%
- Break-even
- 11.9 days
Slippage from GRVT: live order book, 5 min ago; Polymarket Perps: live order book, 49 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, 5 min ago | 0.19 bp | 5.9 bp −$6 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 49 min ago | 2.40 bp | 7.3 bp −$7 | 7.7 bp −$77 | 9.7 bp −$970 | doesn't fit |
MU on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.0757% | 4h | 1,040.4 | −0.055% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0069% | 8h | 1,040.2 | −0.080% | $20.3M | $41.3M | 50x | as long as short |
| Nado MU-PERP | −0.0006% | 1h | 1,040.6 | −0.041% | $278K | $816K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,040.6 | −0.038% | $21.2M | $57.3M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,040.2 | −0.078% | $122.0M | $536.4M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,040.4 | −0.057% | $18.7M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,040.1 | −0.085% | $30.0M | $101.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,041 | +0.004% | $316K | $384K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,040.7 | −0.028% | $61.6M | $28.2M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,040.8 | −0.022% | $2.5M | $2.6M | — | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Nado MU-PERP
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MUShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MU_USDT_Perplong | 0.0000% | 8h | 1,041 | long leg | $84K | $1.4M | 10x | |
| StandX MU-USD | 0.0000% | 1h | 1,040.6 | −0.039% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,042.3 | +0.131% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,040.6 | −0.040% | $74K | $538K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,040.5 | −0.043% | $128K | $442K | 50x | as long as short |
| Bullet MU-USD | +0.0003% | 1h | 1,041.1 | +0.012% | $26K | $390K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,040.3 | −0.063% | $3K | $44K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,040.6 | −0.041% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,039.6 | −0.130% | $544K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,040.6 | −0.037% | $7.0M | $18.4M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.997% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,040 | −0.091% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,041.3 | +0.031% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,040.1 | −0.085% | $176.9M | $90.9M | 10x | as long as short |
| Polymarket Perps MU-USDshort | +0.0050% | 1h | 1,041 | +0.002% | $169K | $203K | 10x | |
| SoDEX MU-USD | +0.0050% | 1h | 1,040.5 | −0.044% | $683K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,040.1 | −0.084% | $1.9M | $2.5M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0053% | 8h | 1,040.9 | −0.010% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,040.6 | −0.041% | $1.1M | $4.9M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,040.3 | −0.064% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,040.4 | −0.055% | $148K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,040.1 | −0.088% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,040.6 | −0.038% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,040.7 | −0.029% | $827 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,036 | −0.481% | $731K | $1.3M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,040.2 | −0.073% | $1.4M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,040.7 | −0.027% | $532K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Bullet MU-USD
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU