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: Bitget against BloFin+0.014%65s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as 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)−0.489%−$49 · spread now +0.014%, 7d avg +0.021%
=The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 65 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 | BloFin GRAM-USDT | 1.4500 | 0.0340 | pay 0.0170% / 4h | 2h 54m | $1.4M | $210K | 50x |
| Short | Bitget GRAMUSDT | 1.4502 | 0.0100 | get 0.0050% / 4h | 2h 54m | $7.2M | $3.8M | 50x |
BloFin GRAM-USDT
Bitget GRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.014% → +0.021%
- −$0.72
- Slippage, 4 orders
- −$26.18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$101.29
- Costs to cover
- 0.502%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Bitget: live order book, 4 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, 3 min ago | 3.44 bp | 16.6 bp −$17 | 29.1 bp −$291 | 163.0 bp −$16.3K | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.72 bp | 11.0 bp −$11 | 16.0 bp −$160 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4503 | +0.020% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4518 | +0.124% | $35.8M | $6.7M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4510 | +0.069% | $20.9M | $25.8M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4500 | 0.000% | $30.6M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4490 | −0.069% | $8.6M | $8.4M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4511 | +0.076% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4510 | +0.069% | $15.3M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4504 | +0.028% | $8.9M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDTshort | +0.0100% | 4h | 1.4502 | +0.014% | $7.2M | $3.8M | 50x | |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4515 | +0.103% | $44K | $12K | 10x | as long as short |
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_PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4528 | +0.193% | $17K | $269K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4530 | +0.207% | $13K | $585K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4510 | +0.069% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4525 | +0.172% | $7K | $570K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4500 | 0.000% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4509 | +0.059% | $150K | $103K | 5x | as long as short |
| Injective GRAM/USDC PERP | +0.0132% | 1h | 1.4540 | +0.276% | $4K | $121K | 12x | as long as short |
| Aster GRAMUSDT | +0.0216% | 4h | 1.4529 | +0.198% | $966K | $99K | 50x | as long as short |
| BloFin GRAM-USDTlong | +0.0340% | 4h | 1.4500 | long leg | $1.4M | $210K | 50x | |
| Lighter GRAM | +0.0776% | 1h | 1.4541 | +0.282% | $2.7M | $2.5M | 20x | as long as short |
| HTX GRAM-USDT | +0.1343% | 4h | 1.4574 | +0.510% | $338K | $628K | 30x | as long as short |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Injective GRAM/USDC PERP
Aster GRAMUSDT
Lighter GRAM
HTX GRAM-USDT