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: Aster against Binance+0.111%7-day average +0.067% · 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−$50as 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)+0.044%+$4 · spread now +0.111%, 7d avg +0.067%
=Together, before fees+0.087%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Aster is 0.044% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.067%.
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 | Binance GRAMUSDT | 1.4476 | 0.0100 | pay 0.0050% / 4h | 1h 45m | $20.7M | $28.2M | 50x |
| Short | Aster GRAMUSDT | 1.4492 | 0.0365 | get 0.0183% / 4h | 1h 45m | $971K | $126K | 50x |
Binance GRAMUSDT
Aster GRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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: +0.111% → +0.067%
- $4.39
- Slippage, 4 orders
- −$36.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $5.75
- Costs to cover
- 0.544%
- Break-even
- 6.3 days
Slippage from Binance: live order book, 11 min ago; Aster: live order book, 18 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 Binance live order book, 11 min ago | 3.45 bp | 12.8 bp −$13 | 27.9 bp −$279 | 283.7 bp −$28.4K | doesn't fit |
| Sell Aster live order book, 18 min ago | 3.44 bp | 17.4 bp −$17 | 100.0 bp −$1,000 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GRAM/USDC PERP | +0.0033% | 1h | 1.4490 | +0.095% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4470 | −0.042% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDTlong | +0.0100% | 4h | 1.4476 | long leg | $20.7M | $28.2M | 50x | |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4470 | −0.043% | $30.7M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4470 | −0.043% | $8.7M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4478 | +0.012% | $3.7M | $3.3M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4470 | −0.043% | $15.2M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4474 | −0.015% | $8.8M | $10.6M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4477 | +0.006% | $7.2M | $4.1M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4486 | +0.068% | $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 | −0.190% | $17K | $274K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4460 | −0.112% | $14K | $605K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4470 | −0.043% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4480 | +0.026% | $6K | $598K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4510 | +0.234% | $338K | $621K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4470 | −0.043% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4468 | −0.055% | $169K | $123K | 5x | as long as short |
| Hyperliquid GRAM | +0.0234% | 1h | 1.4492 | +0.109% | $35.8M | $7.3M | 5x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4460 | −0.112% | $1.4M | $203K | 50x | as long as short |
| Aster GRAMUSDTshort | +0.0365% | 4h | 1.4492 | +0.111% | $971K | $126K | 50x | |
| Lighter GRAM | +0.0792% | 1h | 1.4499 | +0.160% | $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