Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.076%
Price spread now: Binance against BloFin+0.069%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$530.527% of the position
Funding, last 7 days−0.471%−$47 on $10k
+Price spread, last 3 days (all we have)−0.404%−$40 · spread now +0.069%, 7d avg +0.017%
=The price spread pays, funding is against you. Binance is 0.052% dearer against BloFin than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of +0.017%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRAM-USDT | 1.4550 | 0.0340 | pay 0.0170% / 4h | 2h 35m | $1.4M | $210K | 50x |
| Short | Binance GRAMUSDT | 1.4560 | 0.0100 | get 0.0050% / 4h | 2h 35m | $20.9M | $25.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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: +0.069% → +0.017%
- $5.16
- Slippage, 4 orders
- −$30.7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$97.94
- Costs to cover
- 0.527%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Binance: live order book, 6 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 BloFin live order book, 2 min ago | 6.87 bp | 15.9 bp −$16 | 21.0 bp −$210 | 237.7 bp −$23.8K | doesn't fit |
| Sell Binance live order book, 6 min ago | 3.45 bp | 8.4 bp −$8 | 22.3 bp −$223 | 208.9 bp −$20.9K | 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 | 1.4555 | +0.035% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4588 | +0.261% | $36.0M | $6.9M | 5x | as long as short |
| Binance GRAMUSDTshort | +0.0100% | 4h | 1.4560 | +0.069% | $20.9M | $25.9M | 50x | |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4570 | +0.137% | $30.7M | $13.8M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4560 | +0.069% | $8.7M | $8.4M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4569 | +0.131% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4560 | +0.069% | $15.5M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4556 | +0.041% | $8.7M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4565 | +0.103% | $7.2M | $3.8M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4572 | +0.151% | $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 | 1.4526 | −0.165% | $17K | $270K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4560 | +0.069% | $14K | $588K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4560 | +0.069% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4576 | +0.179% | $7K | $573K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4560 | +0.069% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4558 | +0.057% | $150K | $103K | 5x | as long as short |
| Injective GRAM/USDC PERP | +0.0132% | 1h | 1.4540 | −0.069% | $4K | $121K | 12x | as long as short |
| Aster GRAMUSDT | +0.0260% | 4h | 1.4567 | +0.118% | $969K | $100K | 50x | as long as short |
| BloFin GRAM-USDTlong | +0.0340% | 4h | 1.4550 | long leg | $1.4M | $210K | 50x | |
| Lighter GRAM | +0.0864% | 1h | 1.4593 | +0.295% | $2.8M | $2.5M | 20x | as long as short |
| HTX GRAM-USDT | +0.1447% | 4h | 1.4612 | +0.426% | $338K | $627K | 30x | as long as short |
BloFin GRAM-USDT
Binance GRAMUSDT
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
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