Funding you earn now, next payment 01:00 UTC+0.0308%/8h= +33.7% APRpaid last 24h +0.117%
Price spread now: Lighter against Binance+0.148%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 7 days+0.405%+$40 on $10k
+Price spread, last 7 days−0.083%−$8 · spread now +0.148%, 7d avg +0.098%
=Together, before fees+0.322%+ Points / potential airdropLighter: Season 3 · farm board+$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Lighter is 0.050% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.098%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GRAMUSDT | 1.4555 | 0.0100 | pay 0.0050% / 4h | 3h 16m | $20.6M | $27.0M | 50x |
| Short | Lighter GRAM | 1.4576 | 0.0408 | get 0.0051% / 1h | 16m 37s | $2.6M | $2.4M | 20x |
Binance GRAMUSDT
Lighter GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $64.68
- Price spread: +0.148% → +0.098%
- $4.99
- Slippage, 4 orders
- −$23.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $35.76
- Costs to cover
- 0.339%
- Break-even
- 3.1 days
Slippage from Binance: live order book, 10 min ago; Lighter: live order book, 5 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, 10 min ago | 3.45 bp | 11.1 bp −$11 | 24.7 bp −$247 | 237.5 bp −$23.8K | doesn't fit |
| Sell Lighter live order book, 5 min ago | 1.58 bp | 10.7 bp −$11 | 32.8 bp −$328 | 187.3 bp −$18.7K | 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 | −0.446% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4550 | −0.031% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDTlong | +0.0100% | 4h | 1.4555 | long leg | $20.6M | $27.0M | 50x | |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4560 | +0.035% | $31.1M | $13.8M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4550 | −0.033% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4555 | +0.001% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4550 | −0.033% | $15.5M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4557 | +0.015% | $8.9M | $10.8M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4560 | +0.035% | $7.2M | $3.9M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4508 | −0.324% | $17K | $273K | 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
edgeX GRAMUSDCShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4500 | −0.377% | $14K | $601K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4550 | −0.033% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4577 | +0.152% | $7K | $591K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4550 | −0.033% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4550 | −0.031% | $170K | $123K | 5x | as long as short |
| HTX GRAM-USDT | +0.0119% | 4h | 1.4569 | +0.097% | $340K | $623K | 30x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0152% | 1h | 1.4552 | −0.020% | $54K | $20K | 10x | as long as short |
| Hyperliquid GRAM | +0.0166% | 1h | 1.4570 | +0.104% | $35.9M | $7.0M | 5x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4570 | +0.104% | $1.4M | $205K | 50x | as long as short |
| Aster GRAMUSDT | +0.0341% | 4h | 1.4580 | +0.173% | $982K | $114K | 50x | as long as short |
| Lighter GRAMshort | +0.0408% | 1h | 1.4576 | +0.148% | $2.6M | $2.4M | 20x |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
HTX GRAM-USDT
Backpack GRAM_USDC_PERP
Hyperliquid GRAM
BloFin GRAM-USDT
Aster GRAMUSDT