Funding you earn now, next payment 09:00 UTC−0.4000%/8h= −438.0% APRpaid last 24h +0.035%
Price spread now: GRVT against Polymarket Perps+0.362%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs+$7as in the Price arb table
costs, in and out, $10k−$260.256% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)−0.500%−$50 · spread now +0.362%, 7d avg +0.037%
=Together, before fees−0.548%+ Points / potential airdropGRVT: Active · farm board−$55 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.325% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.362% now, against its 7-day average of +0.037%): +$33 on $10k if it goes back. Holding the pair costs −$120 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.049% in total) that is about 47 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.049% in total (about -2.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SKHYNIX-USD | 1,335.8 | 0.0050 | pay 0.0006% / 1h | 42m 33s | $250K | $974K | 10x |
| Short | GRVT SKHYNIX_USDT_Perp | 1,340.6 | −0.3950 | pay 0.1975% / 4h | 3h 42m | $97K | $226K | 10x |
Polymarket Perps SKHYNIX-USD
GRVT SKHYNIX_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
- −$840
- Price spread: +0.362% → +0.037%
- $32.52
- Slippage, 4 orders
- −$8.6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$833.07
- Costs to cover
- 0.256%
- Break-even
- from the start
Slippage from Polymarket Perps: live order book, 35 min ago; GRVT: live order book, 55 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, 35 min ago | 1.48 bp | 7.6 bp −$8 | 8.0 bp −$80 | 11.1 bp −$1,114 | doesn't fit |
| Sell GRVT live order book, 55 min ago | 0.63 bp | 5.7 bp −$6 | 8.2 bp −$82 | doesn't fit | doesn't fit |
SKHYNIX on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SKHYNIX_USDT_Perpshort | −0.3950% | 4h | 1,340.6 | +0.362% | $97K | $226K | 10x | |
| HTX SKHYNIX-USDT | −0.2866% | 4h | 1,340.3 | +0.337% | $1.3M | $2.5M | 50x | as long as short |
| ApeX Omni SKHYNIXUSDT | −0.1007% | 1h | 1,339.7 | +0.294% | $140K | $259K | 50x | as long as short |
| SunX SKHYNIX-USDT | −0.0750% | 4h | 1,339.4 | +0.266% | $912 | $452K | 10x | as long as short |
| edgeX SKHYNIXUSDC | −0.0464% | 4h | 1,338.3 | +0.190% | $3.3M | $431K | 10x | as long as short |
| Bybit SKHYNIXUSDT | −0.0347% | 8h | 1,338.5 | +0.204% | $18.7M | $30.5M | 100x | as long as short |
| KuCoin SKHYNIXUSDTM | −0.0308% | 4h | 1,337.8 | +0.149% | $5.1M | $8.3M | 20x | as long as short |
| Binance SKHYNIXUSDT | −0.0208% | 4h | 1,337.9 | +0.161% | $325.2M | $970.3M | 50x | as long as short |
| Extended SKHYNIX-USD | −0.0160% | 1h | 1,337.8 | +0.147% | $2.3M | $85K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0130% | 1h | 1,338.7 | +0.214% | $674 | $35K | 5x | as long as short |
HTX SKHYNIX-USDT
ApeX Omni SKHYNIXUSDT
SunX SKHYNIX-USDT
edgeX SKHYNIXUSDC
Bybit SKHYNIXUSDT
KuCoin SKHYNIXUSDTM
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
Aftermath Perps SKHYNIXUSDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SKHYNIX-USDT | −0.0117% | 4h | 1,338.8 | +0.222% | $2.5M | $4.0M | 50x | as long as short |
| Aster SKHYNIXUSD1 | −0.0030% | 4h | 1,343.3 | +0.564% | $18.3M | $26.9M | 20x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,338.5 | +0.200% | $138.3M | $74.6M | 75x | as long as short |
| Bitget SKHYNIXUSDT | 0.0000% | 4h | 1,338.4 | +0.192% | $21.3M | $35.5M | 20x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,339.5 | +0.279% | $1.2M | $781K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USDlong | +0.0050% | 1h | 1,335.8 | long leg | $250K | $974K | 10x | |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,339.1 | +0.249% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,339.2 | +0.256% | $31K | — | 10x | as long as short |
| Pacifica SKHYNIX | +0.0285% | 1h | 1,338 | +0.168% | $101K | $436K | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0387% | 8h | 1,338.1 | +0.172% | $51.8M | $129.6M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0471% | 1h | 1,338.6 | +0.209% | $391 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0801% | 1h | 1,337.1 | +0.097% | $296.4M | $275.2M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.1040% | 1h | 1,338.5 | +0.202% | $14K | $466K | 10x | as long as short |
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Gate SKHYNIX_USDT
Bitget SKHYNIXUSDT
Phemex SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Pacifica SKHYNIX
OKX SKHYNIX-USDT-SWAP
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD