Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%
Price spread now: KuCoin against Backpack−0.096%7-day average — · you buy dearer than you sell
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
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.096% cheaper against Backpack than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack GRAM_USDC_PERP | 1.4566 | 0.0100 | pay 0.0013% / 1h | 36m 39s | $44K | $12K | 10x |
| Short | KuCoin GRAMUSDTM | 1.4552 | 0.0100 | get 0.0050% / 4h | 2h 36m | $8.7M | $10.9M | 50x |
Backpack GRAM_USDC_PERP
KuCoin GRAMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Backpack. 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
- Price spread: −0.096% → 0.000%
- −$9.61
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$31.61
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Backpack: no order-book sample; KuCoin: live order book, 2 min ago. 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 Backpack no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 2 min ago | 1.38 bp | 28.7 bp −$29 | 86.0 bp −$860 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4557 | −0.065% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4576 | +0.069% | $35.9M | $6.9M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4560 | −0.039% | $20.9M | $25.9M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4564 | −0.014% | $30.7M | $13.8M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4540 | −0.178% | $8.7M | $8.4M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4559 | −0.048% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4560 | −0.041% | $15.5M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTMshort | +0.0100% | 4h | 1.4552 | −0.096% | $8.7M | $10.9M | 50x | |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4556 | −0.069% | $7.2M | $3.8M | 50x | as long as short |
| Backpack GRAM_USDC_PERPlong | +0.0100% | 1h | 1.4566 | long leg | $44K | $12K | 10x |
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
Bitget GRAMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4526 | −0.274% | $17K | $270K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4500 | −0.453% | $13K | $589K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4560 | −0.041% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4576 | +0.069% | $7K | $573K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4560 | −0.041% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4558 | −0.052% | $150K | $103K | 5x | as long as short |
| Injective GRAM/USDC PERP | +0.0132% | 1h | 1.4540 | −0.178% | $4K | $121K | 12x | as long as short |
| Aster GRAMUSDT | +0.0260% | 4h | 1.4565 | −0.004% | $969K | $100K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4550 | −0.110% | $1.4M | $210K | 50x | as long as short |
| Lighter GRAM | +0.0856% | 1h | 1.4593 | +0.184% | $2.8M | $2.5M | 20x | as long as short |
| HTX GRAM-USDT | +0.1457% | 4h | 1.4593 | +0.185% | $338K | $627K | 30x | as long as short |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Injective GRAM/USDC PERP
Aster GRAMUSDT
BloFin GRAM-USDT
Lighter GRAM
HTX GRAM-USDT