Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.007%
Price spread now: GRVT against Polymarket Perps+0.175%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$260.257% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.175%, 7d avg +0.079%
=Together, before fees−0.042%+ Points / potential airdropGRVT: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.096% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.175% now, against its 7-day average of +0.079%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.059%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps MU-USD | 1,028.9 | 0.0050 | pay 0.0006% / 1h | 38m 38s | $166K | $177K | 10x |
| Short | GRVT MU_USDT_Perp | 1,030.7 | 0 | get 0.0000% / 8h | 7h 38m | $72K | $1.4M | 10x |
Polymarket Perps MU-USD
GRVT MU_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
- −$10.5
- Price spread: +0.175% → +0.079%
- $9.61
- Slippage, 4 orders
- −$8.72
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$26.62
- Costs to cover
- 0.257%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 58 min ago; GRVT: live order book, 4 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, 58 min ago | 2.41 bp | 6.4 bp −$6 | 8.0 bp −$80 | 9.2 bp −$917 | doesn't fit |
| Sell GRVT live order book, 4 min ago | 0.24 bp | 6.3 bp −$6 | 9.3 bp −$93 | doesn't fit | 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 | −0.0357% | 4h | 1,029.7 | +0.082% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0072% | 8h | 1,028.8 | −0.014% | $19.9M | $40.3M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,029.2 | +0.029% | $21.0M | $68.9M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,028.9 | −0.004% | $121.2M | $543.4M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,029 | +0.013% | $18.6M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,029.4 | +0.049% | $29.4M | $101.0M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,029.5 | +0.055% | $309K | $379K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,028.7 | −0.023% | $61.6M | $27.9M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,029.4 | +0.045% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perpshort | 0.0000% | 8h | 1,030.7 | +0.175% | $72K | $1.4M | 10x |
edgeX MUUSDC
Bitget MUUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,029.2 | +0.029% | $186K | $3.6M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,030 | +0.103% | $11K | $5.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,028.9 | 0.000% | $73K | $627K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,028.7 | −0.017% | $119K | $488K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0025% | 1h | 1,029.8 | +0.088% | $3K | $43K | 10x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,029.4 | +0.048% | $6.9M | $18.8M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,028.9 | −0.005% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,028.5 | −0.039% | $543K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.183% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,029 | +0.007% | $89K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,028.9 | +0.001% | — | $176K | 25x | as long as short |
| Lighter MU | +0.0048% | 1h | 1,029 | +0.009% | $988K | $4.9M | 20x | as long as short |
| Polymarket Perps MU-USDlong | +0.0050% | 1h | 1,028.9 | long leg | $166K | $177K | 10x | |
| SoDEX MU-USD | +0.0050% | 1h | 1,028.7 | −0.017% | $675K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,028.4 | −0.046% | $1.8M | $2.9M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0056% | 8h | 1,028.8 | −0.012% | $2K | — | 5x | as long as short |
| tradeXYZ xyz:MU | +0.0062% | 1h | 1,028.5 | −0.039% | $173.9M | $79.4M | 10x | as long as short |
| Nado MU-PERP | +0.0072% | 1h | 1,028.9 | +0.002% | $262K | $811K | 10x | as long as short |
| Bullet MU-USD | +0.0078% | 1h | 1,029.2 | +0.029% | $25K | $388K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,028.6 | −0.024% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,030.1 | +0.119% | $719K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,028.9 | −0.001% | $146K | $194K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,028.5 | −0.036% | $5.1M | $4.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,028.8 | −0.008% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,029.2 | +0.028% | $818 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,029.4 | +0.050% | $1.5M | $2.2M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,029.9 | +0.097% | $527K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Lighter MU
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
tradeXYZ xyz:MU
Nado MU-PERP
Bullet MU-USD
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU