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: edgeX against BloFin−0.048%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$690.694% of the position
Funding, last 7 days−0.472%−$47 on $10k
+Price spread, last 3 days (all we have)−0.131%−$13 · spread now −0.048%, 7d avg −0.024%
=Together, before fees−0.603%+ Points / potential airdropedgeX: Active · farm board−$60 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and edgeX is 0.024% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRAM-USDT | 1.4470 | 0.0340 | pay 0.0170% / 4h | 2m 13s | $1.4M | $205K | 50x |
| Short | edgeX GRAMUSDC | 1.4463 | 0.0100 | get 0.0050% / 4h | 2m 13s | $17K | $272K | 10x |
BloFin GRAM-USDT
edgeX GRAMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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: −0.048% → −0.024%
- −$2.45
- Slippage, 4 orders
- −$48.42
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$122.27
- Costs to cover
- 0.694%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; edgeX: live order book, 10 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, 5 min ago | 6.92 bp | 12.9 bp −$13 | 20.7 bp −$207 | 168.5 bp −$16.9K | doesn't fit |
| Sell edgeX live order book, 10 min ago | 17.30 bp | 21.8 bp −$22 | 41.7 bp −$417 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GRAM/USDC PERP | +0.0033% | 1h | 1.4490 | +0.138% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4459 | −0.073% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4483 | +0.090% | $35.6M | $7.0M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4468 | −0.013% | $20.4M | $27.1M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4470 | 0.000% | $30.6M | $13.9M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4470 | 0.000% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4473 | +0.021% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4470 | 0.000% | $15.4M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4472 | +0.014% | $8.9M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4475 | +0.035% | $7.2M | $4.0M | 50x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4481 | +0.076% | $43K | $15K | 10x | as long as short |
| edgeX GRAMUSDCshort | +0.0100% | 4h | 1.4463 | −0.048% | $17K | $272K | 10x | |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4460 | −0.069% | $14K | $601K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4470 | 0.000% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4487 | +0.117% | $7K | $594K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4470 | 0.000% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4467 | −0.019% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0190% | 4h | 1.4480 | +0.069% | $975K | $111K | 50x | as long as short |
| HTX GRAM-USDT | +0.0256% | 4h | 1.4503 | +0.228% | $336K | $620K | 30x | as long as short |
| BloFin GRAM-USDTlong | +0.0340% | 4h | 1.4470 | long leg | $1.4M | $205K | 50x | |
| Lighter GRAM | +0.0872% | 1h | 1.4495 | +0.174% | $2.7M | $2.3M | 20x | as long as short |
Backpack GRAM_USDC_PERP
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
HTX GRAM-USDT
Lighter GRAM