Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.117%
Price spread now: Lighter against ApeX Omni+0.094%7-day average +0.148% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$510.511% of the position
Funding, last 7 days+0.360%+$36 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.094%, 7d avg +0.148%
=Together, before fees+0.404%+ Points / potential airdropLighter: Season 3 · farm board+$40 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.054% cheaper against ApeX Omni than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.148%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni GRAMUSDT | 1.4330 | 0.0100 | pay 0.0013% / 1h | 59m 31s | $14K | $616K | 50x |
| Short | Lighter GRAM | 1.4344 | 0.0096 | get 0.0012% / 1h | 59m 31s | $2.3M | $2.8M | 20x |
ApeX Omni GRAMUSDT
Lighter GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX Omni. 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
- −$0.84
- Price spread: +0.094% → +0.148%
- −$5.36
- Slippage, 4 orders
- −$41.09
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$57.3
- Costs to cover
- 0.511%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 38 min ago; Lighter: 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 ApeX Omni live order book, 38 min ago | 13.96 bp | 21.7 bp −$22 | 113.5 bp −$1,135 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 1.71 bp | 3.9 bp −$4 | 30.0 bp −$300 | 233.6 bp −$23.4K | doesn't fit |
GRAM on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GRAM/USDC PERP | +0.0033% | 1h | 1.4490 | +1.117% | $4K | $143K | 12x | as long as short |
| Lighter GRAMshort | +0.0096% | 1h | 1.4344 | +0.094% | $2.3M | $2.8M | 20x | |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4334 | +0.028% | $35.3M | $7.7M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4330 | +0.001% | $20.2M | $27.2M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4320 | −0.070% | $30.3M | $13.4M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4330 | 0.000% | $8.6M | $8.0M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4331 | +0.007% | $3.6M | $3.4M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4320 | −0.070% | $16.3M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4325 | −0.035% | $8.8M | $9.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4322 | −0.056% | $7.0M | $4.0M | 50x | as long as short |
Injective GRAM/USDC PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4339 | +0.063% | $53K | $15K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4302 | −0.197% | $16K | $276K | 10x | as long as short |
| ApeX Omni GRAMUSDTlong | +0.0100% | 1h | 1.4330 | long leg | $14K | $616K | 50x | |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4310 | −0.140% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4346 | +0.112% | $6K | $557K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4349 | +0.133% | $304K | $639K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4330 | 0.000% | $1.6M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4336 | +0.044% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4327 | −0.023% | $167K | $122K | 5x | as long as short |
| Aster GRAMUSDT | +0.0245% | 4h | 1.4350 | +0.140% | $968K | $124K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4320 | −0.070% | $1.4M | $242K | 50x | as long as short |
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Aster GRAMUSDT
BloFin GRAM-USDT