Funding you earn now, next payment 00:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.58 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Aster−0.069%7-day average −0.074% · 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−$180as in the Price arb table
costs, in and out, $10k−$1811.808% of the position
Funding, last 5 days (all we have)+0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.347%+$35 · spread now −0.069%, 7d avg −0.074%
=Together, before fees+0.350%+ Points / potential airdropAster: Stage 5 · farm board+$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster GRAMUSDT | 1.4530 | 0.0216 | pay 0.0108% / 4h | 2h 54m | $966K | $99K | 50x |
| Short | Phemex GRAMUSDT | 1.4520 | 0.0100 | get 0.0050% / 4h | 2h 54m | $1.6M | $1.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$24.34
- Price spread: −0.069% → −0.074%
- $0.47
- Slippage, 4 orders
- −$160.75
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$204.62
- Costs to cover
- 1.808%
- Break-even
- never at this rate
Slippage from Aster: live order book, 33 min ago; Phemex: live order book, 4 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, 33 min ago | 10.26 bp | 21.9 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 6.87 bp | 71.2 bp −$71 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4503 | −0.187% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4513 | −0.117% | $35.8M | $6.7M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4500 | −0.206% | $20.9M | $25.8M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4500 | −0.206% | $30.6M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4490 | −0.275% | $8.6M | $8.4M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4509 | −0.145% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4510 | −0.138% | $15.3M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4509 | −0.145% | $8.9M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4502 | −0.193% | $7.2M | $3.8M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4530 | 0.000% | $44K | $12K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4528 | −0.014% | $17K | $269K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4530 | 0.000% | $13K | $585K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4520 | −0.069% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4525 | −0.034% | $7K | $570K | 10x | as long as short |
| Phemex GRAMUSDTshort | +0.0100% | 4h | 1.4520 | −0.069% | $1.6M | $1.7M | 20x | |
| Extended GRAM-USD | +0.0104% | 1h | 1.4509 | −0.148% | $150K | $103K | 5x | as long as short |
| Injective GRAM/USDC PERP | +0.0132% | 1h | 1.4540 | +0.069% | $4K | $121K | 12x | as long as short |
| Aster GRAMUSDTlong | +0.0216% | 4h | 1.4530 | long leg | $966K | $99K | 50x | |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4500 | −0.206% | $1.4M | $210K | 50x | as long as short |
| Lighter GRAM | +0.0776% | 1h | 1.4544 | +0.098% | $2.7M | $2.5M | 20x | as long as short |
| HTX GRAM-USDT | +0.1353% | 4h | 1.4574 | +0.303% | $338K | $628K | 30x | as long as short |
Aster GRAMUSDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
Extended GRAM-USD
Injective GRAM/USDC PERP
BloFin GRAM-USDT
Lighter GRAM
HTX GRAM-USDT