Funding you earn now, next payment 02:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h 0.000%
Price spread now: Backpack against Aster+0.051%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Backpack is 0.051% dearer against Aster than usual: you sell high and buy low (spread +0.051% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster GRAMUSDT | 1.4518 | 0.0469 | pay 0.0235% / 4h | 2h 51m | $977K | $119K | 50x |
| Short | Backpack GRAM_USDC_PERP | 1.4525 | 0.0395 | get 0.0049% / 1h | 51m 54s | $54K | $20K | 10x |
Aster GRAMUSDT
Backpack GRAM_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Aster. 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
- −$15.6
- Price spread: +0.051% → 0.000%
- $5.06
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$28.54
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 16 min ago; Backpack: no order-book sample. Net counts fees only.
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 Aster live order book, 16 min ago | 6.82 bp | 22.8 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack no order-book sample | — | — | — | — | — |
Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.190% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4517 | −0.008% | $20.5M | $27.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4513 | −0.032% | $30.9M | $13.9M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4510 | −0.053% | $8.6M | $8.6M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4523 | +0.037% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4510 | −0.053% | $15.6M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4520 | +0.016% | $8.9M | $10.8M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4517 | −0.004% | $7.3M | $4.1M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4503 | −0.100% | $17K | $272K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4480 | −0.259% | $14K | $605K | 50x | as long as short |
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
edgeX GRAMUSDC
ApeX Omni GRAMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4510 | −0.053% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4506 | −0.080% | $7K | $596K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4503 | −0.101% | $338K | $625K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4520 | +0.016% | $1.6M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4524 | +0.045% | $2K | $19 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4511 | −0.043% | $169K | $123K | 5x | as long as short |
| Hyperliquid GRAM | +0.0226% | 1h | 1.4525 | +0.051% | $35.7M | $7.0M | 5x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4500 | −0.122% | $1.4M | $199K | 50x | as long as short |
| Backpack GRAM_USDC_PERPshort | +0.0395% | 1h | 1.4525 | +0.051% | $54K | $20K | 10x | |
| Aster GRAMUSDTlong | +0.0469% | 4h | 1.4518 | long leg | $977K | $119K | 50x | |
| Lighter GRAM | +0.0744% | 1h | 1.4544 | +0.181% | $2.6M | $2.4M | 20x | as long as short |
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Hyperliquid GRAM
BloFin GRAM-USDT
Lighter GRAM