Funding you earn now, next payment 02:00 UTC+0.0620%/8h= +67.9% APRpaid last 24h +0.110%
Price spread now: Lighter against Bitget+0.168%7-day average +0.092% · 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−$35as in the Price arb table
costs, in and out, $10k−$420.424% of the position
Funding, last 7 days+0.352%+$35 on $10k
+Price spread, last 7 days−0.173%−$17 · spread now +0.168%, 7d avg +0.092%
=Together, before fees+0.180%+ Points / potential airdropLighter: Season 3 · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Lighter is 0.075% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.092%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.352% in total (about 18.4% a year). A funding rate is set anew for every payment. 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 | Bitget GRAMUSDT | 1.4557 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $7.3M | $4.1M | 50x |
| Short | Lighter GRAM | 1.4581 | 0.0720 | get 0.0090% / 1h | 32m 14s | $2.6M | $2.4M | 20x |
Bitget GRAMUSDT
Lighter GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $130.2
- Price spread: +0.168% → +0.092%
- $7.53
- Slippage, 4 orders
- −$30.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $95.31
- Costs to cover
- 0.424%
- Break-even
- 1.9 days
Slippage from Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 2.41 bp | 14.5 bp −$14 | 27.4 bp −$274 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 1.93 bp | 4.3 bp −$4 | 30.5 bp −$305 | 190.1 bp −$19.0K | doesn't fit |
GRAM on 20 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 | −0.460% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4555 | −0.015% | $20.6M | $27.8M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4547 | −0.069% | $30.9M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4540 | −0.117% | $8.7M | $8.7M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4563 | +0.041% | $3.7M | $3.3M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4550 | −0.048% | $15.3M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4553 | −0.027% | $8.9M | $10.7M | 50x | as long as short |
| Bitget GRAMUSDTlong | +0.0100% | 4h | 1.4557 | long leg | $7.3M | $4.1M | 50x | |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4529 | −0.193% | $17K | $273K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4530 | −0.185% | $14K | $607K | 50x | as long as short |
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
edgeX GRAMUSDC
ApeX Omni GRAMUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4560 | +0.021% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4577 | +0.137% | $7K | $596K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4589 | +0.220% | $340K | $621K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4550 | −0.048% | $1.6M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4553 | −0.028% | $2K | $19 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4554 | −0.019% | $170K | $123K | 5x | as long as short |
| Hyperliquid GRAM | +0.0221% | 1h | 1.4568 | +0.076% | $35.9M | $7.4M | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0378% | 1h | 1.4567 | +0.069% | $54K | $20K | 10x | as long as short |
| Aster GRAMUSDT | +0.0485% | 4h | 1.4560 | +0.021% | $976K | $126K | 50x | as long as short |
| Lighter GRAMshort | +0.0720% | 1h | 1.4581 | +0.168% | $2.6M | $2.4M | 20x |
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Hyperliquid GRAM
Backpack GRAM_USDC_PERP
Aster GRAMUSDT