Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Bitget+0.090%95s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.502% of the position
Funding, last 7 days+0.407%+$41 on $10k
+Price spread, last 3 days (all we have)+0.385%+$39 · spread now +0.090%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.111% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.021%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GRAMUSDT | 1.4507 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $7.2M | $3.8M | 50x |
| Short | BloFin GRAM-USDT | 1.4520 | 0.0340 | get 0.0170% / 4h | 2h 55m | $1.4M | $209K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $50.4
- Price spread: +0.090% → −0.021%
- $11.06
- Slippage, 4 orders
- −$26.18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $11.28
- Costs to cover
- 0.502%
- Break-even
- 5.4 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 2 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 Bitget live order book, 3 min ago | 1.72 bp | 13.1 bp −$13 | 24.5 bp −$245 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 3.44 bp | 9.4 bp −$9 | 12.8 bp −$128 | 116.2 bp −$11.6K | 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 | 1.4506 | −0.008% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4525 | +0.124% | $35.8M | $6.7M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4520 | +0.090% | $20.9M | $25.7M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4520 | +0.090% | $30.6M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4520 | +0.090% | $8.6M | $8.4M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4516 | +0.062% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4510 | +0.021% | $15.3M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4514 | +0.048% | $8.9M | $10.8M | 50x | as long as short |
| Bitget GRAMUSDTlong | +0.0100% | 4h | 1.4507 | long leg | $7.2M | $3.8M | 50x | |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4513 | +0.041% | $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 | +0.145% | $17K | $269K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4530 | +0.159% | $13K | $585K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4510 | +0.021% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4526 | +0.131% | $7K | $572K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4510 | +0.021% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4501 | −0.042% | $150K | $103K | 5x | as long as short |
| Injective GRAM/USDC PERP | +0.0132% | 1h | 1.4540 | +0.227% | $4K | $121K | 12x | as long as short |
| Aster GRAMUSDT | +0.0210% | 4h | 1.4513 | +0.045% | $965K | $99K | 50x | as long as short |
| BloFin GRAM-USDTshort | +0.0340% | 4h | 1.4520 | +0.090% | $1.4M | $209K | 50x | |
| Lighter GRAM | +0.0712% | 1h | 1.4549 | +0.287% | $2.7M | $2.5M | 20x | as long as short |
| HTX GRAM-USDT | +0.1355% | 4h | 1.4574 | +0.462% | $338K | $639K | 30x | as long as short |
Bitget GRAMUSDT
BloFin GRAM-USDT
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Injective GRAM/USDC PERP
Aster GRAMUSDT
Lighter GRAM
HTX GRAM-USDT