Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.121%
Price spread now: Lighter against edgeX+0.221%109s7-day average +0.177% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as 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−$550.550% of the position
Funding, last 7 days+0.425%+$43 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now +0.221%, 7d avg +0.177%
=Together, before fees+0.516%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board+$52 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.043% dearer against edgeX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.177%. The two prices were read 109 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 | edgeX GRAMUSDC | 1.4348 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $17K | $275K | 10x |
| Short | Lighter GRAM | 1.4380 | 0.0096 | get 0.0012% / 1h | 59m 37s | $2.3M | $2.8M | 20x |
edgeX GRAMUSDC
Lighter GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$0.84
- Price spread: +0.221% → +0.177%
- $4.33
- Slippage, 4 orders
- −$45.99
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$51.5
- Costs to cover
- 0.550%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 58 min ago; Lighter: live order book, 3 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, 58 min ago | 17.31 bp | 21.8 bp −$22 | 42.9 bp −$429 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 1.32 bp | 7.0 bp −$7 | 32.3 bp −$323 | 171.6 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GRAM/USDC PERP | +0.0033% | 1h | 1.4490 | +0.991% | $4K | $143K | 12x | as long as short |
| Lighter GRAMshort | +0.0096% | 1h | 1.4380 | +0.221% | $2.3M | $2.8M | 20x | |
| Paradex GRAM-USD-PERP | +0.0098% | 8h | 1.4366 | +0.129% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4365 | +0.116% | $20.3M | $28.8M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4369 | +0.147% | $30.3M | $14.2M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4370 | +0.154% | $8.6M | $8.7M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4368 | +0.140% | $3.6M | $3.4M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4360 | +0.085% | $15.7M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4372 | +0.168% | $8.9M | $10.4M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4370 | +0.154% | $7.1M | $4.2M | 50x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDClong | +0.0100% | 4h | 1.4348 | long leg | $17K | $275K | 10x | |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4350 | +0.015% | $14K | $615K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4360 | +0.085% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4357 | +0.064% | $6K | $612K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4396 | +0.336% | $326K | $677K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4360 | +0.085% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4366 | +0.127% | $168K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0106% | 4h | 1.4389 | +0.287% | $964K | $127K | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0269% | 1h | 1.4371 | +0.161% | $53K | $16K | 10x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4350 | +0.015% | $1.4M | $231K | 50x | as long as short |
| Hyperliquid GRAM | +0.0605% | 1h | 1.4380 | +0.224% | $35.3M | $7.3M | 5x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
Backpack GRAM_USDC_PERP
BloFin GRAM-USDT
Hyperliquid GRAM