Funding you earn now, next payment 22:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.035%
Price spread now: Injective against edgeX+0.188%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1191.189% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 3 days (all we have)−0.492%−$49 · spread now +0.188%, 7d avg +0.006%
=Together, before fees−0.600%+ Points / potential airdropedgeX: Active · farm board−$60 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.183% dearer against edgeX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.006%. Mind the row above: over the last 7 days funding on this pair cost −0.108%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX GRAMUSDC | 1.4513 | 0.0100 | pay 0.0050% / 4h | 2h 46m | $17K | $270K | 10x |
| Short | Injective GRAM/USDC PERP | 1.4540 | 0.0132 | get 0.0016% / 1h | 46m 14s | $4K | $121K | 12x |
edgeX GRAMUSDC
Injective GRAM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against edgeX. 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
- $6.71
- Price spread: +0.188% → +0.006%
- $18.26
- Slippage, 4 orders
- −$109.86
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$93.91
- Costs to cover
- 1.189%
- Break-even
- 105.0 days
Slippage from edgeX: live order book, 41 min ago; Injective: live order book, 23 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 edgeX live order book, 41 min ago | 17.12 bp | 21.6 bp −$22 | 39.3 bp −$393 | doesn't fit | doesn't fit |
| Sell Injective live order book, 23 min ago | 37.81 bp | 37.8 bp −$38 | doesn't fit | 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 | 1.4518 | +0.036% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4538 | +0.175% | $35.9M | $6.8M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4520 | +0.051% | $20.9M | $25.8M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4520 | +0.051% | $30.6M | $13.9M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4520 | +0.051% | $8.6M | $8.3M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4520 | +0.051% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4520 | +0.051% | $15.3M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4511 | −0.012% | $8.7M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4521 | +0.057% | $7.2M | $3.7M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4537 | +0.168% | $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
Bitget GRAMUSDT
Backpack GRAM_USDC_PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDClong | +0.0100% | 4h | 1.4513 | long leg | $17K | $270K | 10x | |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4510 | −0.018% | $13K | $586K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4530 | +0.119% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4556 | +0.299% | $7K | $571K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4520 | +0.051% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4519 | +0.042% | $150K | $103K | 5x | as long as short |
| Injective GRAM/USDC PERPshort | +0.0132% | 1h | 1.4540 | +0.188% | $4K | $121K | 12x | |
| Aster GRAMUSDT | +0.0233% | 4h | 1.4547 | +0.236% | $968K | $99K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4520 | +0.051% | $1.4M | $210K | 50x | as long as short |
| Lighter GRAM | +0.0736% | 1h | 1.4551 | +0.267% | $2.7M | $2.5M | 20x | as long as short |
| HTX GRAM-USDT | +0.1356% | 4h | 1.4591 | +0.540% | $338K | $628K | 30x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
BloFin GRAM-USDT
Lighter GRAM
HTX GRAM-USDT