Funding you earn now, next payment 00:00 UTC+0.0697%/8h= +76.3% APRpaid last 24h +0.109%
Price spread now: Lighter against Aster+0.032%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$400.397% of the position
Funding, last 5 days (all we have)+0.385%+$38 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.032%, 7d avg +0.071%
=Together, before fees+0.405%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.038% cheaper against Aster than usual: you would sell low and buy high (spread +0.032% now, against its 7-day average of +0.071%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$21 a day). At the pace of the last 5 days (+0.385% in total) that is about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster GRAMUSDT | 1.4486 | 0.0167 | pay 0.0083% / 4h | 9m 53s | $975K | $111K | 50x |
| Short | Lighter GRAM | 1.4491 | 0.0864 | get 0.0108% / 1h | 9m 53s | $2.7M | $2.3M | 20x |
Aster GRAMUSDT
Lighter GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $146.38
- Price spread: +0.032% → +0.071%
- −$3.84
- Slippage, 4 orders
- −$31.68
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $102.86
- Costs to cover
- 0.397%
- Break-even
- 2.1 days
Slippage from Aster: live order book, 3 min ago; Lighter: live order book, 7 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, 3 min ago | 6.90 bp | 16.9 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 1.31 bp | 5.0 bp −$5 | 18.8 bp −$188 | 166.9 bp −$16.7K | 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 | +0.027% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4454 | −0.221% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4470 | −0.111% | $35.6M | $7.0M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4460 | −0.180% | $20.4M | $27.0M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4454 | −0.222% | $30.6M | $13.9M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4450 | −0.249% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4458 | −0.194% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4460 | −0.180% | $15.4M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4459 | −0.187% | $8.9M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4462 | −0.167% | $7.2M | $4.0M | 50x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-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 | 1.4467 | −0.132% | $43K | $15K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4447 | −0.268% | $17K | $271K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4450 | −0.249% | $14K | $602K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4460 | −0.180% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4477 | −0.063% | $7K | $591K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4460 | −0.180% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4457 | −0.200% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDTlong | +0.0167% | 4h | 1.4486 | long leg | $975K | $111K | 50x | |
| HTX GRAM-USDT | +0.0269% | 4h | 1.4484 | −0.015% | $335K | $620K | 30x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4440 | −0.319% | $1.4M | $204K | 50x | as long as short |
| Lighter GRAMshort | +0.0864% | 1h | 1.4491 | +0.032% | $2.7M | $2.3M | 20x |
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
HTX GRAM-USDT
BloFin GRAM-USDT