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 Bybit+0.021%7-day average −0.016% · 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−$55as in the Price arb table
costs, in and out, $10k−$590.589% of the position
Funding, last 7 days+0.504%+$50 on $10k
+Price spread, last 3 days (all we have)+0.297%+$30 · spread now +0.021%, 7d avg −0.016%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.037% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GRAMUSDT | 1.4507 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $30.6M | $13.9M | 50x |
| Short | BloFin GRAM-USDT | 1.4510 | 0.0340 | get 0.0170% / 4h | 2h 32m | $1.4M | $210K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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: +0.021% → −0.016%
- $3.66
- Slippage, 4 orders
- −$35.95
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$4.89
- Costs to cover
- 0.589%
- Break-even
- 7.7 days
Slippage from Bybit: live order book, 1 min ago; BloFin: 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 Bybit live order book, 1 min ago | 3.44 bp | 14.3 bp −$14 | 34.4 bp −$344 | 707.4 bp −$70.7K | doesn't fit |
| Sell BloFin live order book, 5 min ago | 6.87 bp | 15.3 bp −$15 | 37.9 bp −$379 | 172.4 bp −$17.2K | 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 | +0.0098% | 8h | 1.4498 | −0.064% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4527 | +0.138% | $35.8M | $6.9M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4490 | −0.117% | $20.8M | $26.1M | 50x | as long as short |
| Bybit GRAMUSDTlong | +0.0100% | 4h | 1.4507 | long leg | $30.6M | $13.9M | 50x | |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4500 | −0.048% | $8.6M | $8.4M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4513 | +0.041% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4500 | −0.048% | $15.4M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4502 | −0.034% | $8.6M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4514 | +0.048% | $7.2M | $3.8M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4515 | +0.055% | $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 | 1.4555 | +0.330% | $17K | $270K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4560 | +0.365% | $14K | $588K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4520 | +0.090% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4516 | +0.062% | $7K | $574K | 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 | 1.4498 | −0.060% | $150K | $103K | 5x | as long as short |
| Injective GRAM/USDC PERP | +0.0132% | 1h | 1.4500 | −0.048% | $4K | $132K | 12x | as long as short |
| Aster GRAMUSDT | +0.0260% | 4h | 1.4525 | +0.126% | $966K | $101K | 50x | as long as short |
| BloFin GRAM-USDTshort | +0.0340% | 4h | 1.4510 | +0.021% | $1.4M | $210K | 50x | |
| Lighter GRAM | +0.0864% | 1h | 1.4542 | +0.242% | $2.7M | $2.5M | 20x | as long as short |
| HTX GRAM-USDT | +0.1429% | 4h | 1.4623 | +0.800% | $338K | $628K | 30x | as long as short |
Bybit GRAMUSDT
BloFin GRAM-USDT
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Binance 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