Funding you earn now, next payment 04:00 UTC−0.0265%/8h= −29.1% APRnext payment −$1.33 per $10,000 · paid last 24h −0.008%
Price spread now: Binance against Aster−0.123%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$540.544% of the position
Funding, last 5 days (all we have)−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.123%, 7d avg −0.067%
=Together, before fees−0.075%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Binance is 0.056% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.067%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.043% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.33 per $10,000. 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 | Aster GRAMUSDT | 1.4489 | 0.0365 | pay 0.0183% / 4h | 1h 45m | $971K | $126K | 50x |
| Short | Binance GRAMUSDT | 1.4472 | 0.0100 | get 0.0050% / 4h | 1h 45m | $20.6M | $28.2M | 50x |
Aster GRAMUSDT
Binance GRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$55.74
- Price spread: −0.123% → −0.067%
- −$5.58
- Slippage, 4 orders
- −$36.38
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$115.7
- Costs to cover
- 0.544%
- Break-even
- never at this rate
Slippage from Aster: live order book, 17 min ago; Binance: live order book, 11 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 Aster live order book, 17 min ago | 3.44 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 3.45 bp | 11.5 bp −$11 | 32.7 bp −$327 | 264.8 bp −$26.5K | 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 | +0.004% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4470 | −0.133% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDTshort | +0.0100% | 4h | 1.4472 | −0.123% | $20.6M | $28.2M | 50x | |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4460 | −0.203% | $30.7M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4460 | −0.203% | $8.7M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4473 | −0.113% | $3.7M | $3.3M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4470 | −0.134% | $15.2M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4474 | −0.106% | $8.8M | $10.6M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4474 | −0.106% | $7.2M | $4.1M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4472 | −0.120% | $53K | $16K | 10x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4449 | −0.281% | $17K | $274K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4460 | −0.203% | $14K | $605K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4470 | −0.134% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4480 | −0.065% | $6K | $599K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4496 | +0.046% | $338K | $621K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4460 | −0.203% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4465 | −0.171% | $169K | $123K | 5x | as long as short |
| Hyperliquid GRAM | +0.0230% | 1h | 1.4488 | −0.010% | $35.7M | $7.3M | 5x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4480 | −0.065% | — | $204K | 50x | as long as short |
| Aster GRAMUSDTlong | +0.0365% | 4h | 1.4489 | long leg | $971K | $126K | 50x | |
| Lighter GRAM | +0.0792% | 1h | 1.4494 | +0.032% | $2.6M | $2.4M | 20x | as long as short |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Hyperliquid GRAM
BloFin GRAM-USDT
Lighter GRAM