Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: Phemex against edgeX+0.428%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1911.914% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 3 days (all we have)−0.338%−$34 · spread now +0.428%, 7d avg +0.030%
=Together, before fees−0.271%+ Points / potential airdropedgeX: Active · farm board−$27 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: Phemex is 0.399% dearer against edgeX than usual: you sell high and buy low, +$40 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX GRAMUSDC | 1.4488 | 0.0100 | pay 0.0050% / 4h | 2h 49m | $17K | $272K | 10x |
| Short | Phemex GRAMUSDT | 1.4550 | 0.0100 | get 0.0050% / 4h | 2h 49m | $1.6M | $1.7M | 20x |
edgeX GRAMUSDC
Phemex GRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- Price spread: +0.428% → +0.030%
- $39.85
- Slippage, 4 orders
- −$170.42
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$151.57
- Costs to cover
- 1.914%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 18 min ago; Phemex: 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 edgeX live order book, 18 min ago | 17.09 bp | 21.6 bp −$22 | 42.0 bp −$420 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 10.33 bp | 74.6 bp −$75 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GRAM/USDC PERP | +0.0033% | 1h | 1.4490 | +0.014% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4560 | +0.497% | $20.6M | $27.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4561 | +0.504% | $31.0M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4550 | +0.428% | $8.7M | $8.7M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4566 | +0.539% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4550 | +0.428% | $15.6M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4558 | +0.484% | $8.9M | $10.8M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4563 | +0.518% | $7.3M | $4.1M | 50x | as long as short |
| edgeX GRAMUSDClong | +0.0100% | 4h | 1.4488 | long leg | $17K | $272K | 10x | |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4520 | +0.221% | $14K | $604K | 50x | as long as short |
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
ApeX Omni GRAMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4550 | +0.428% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4556 | +0.470% | $7K | $596K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4548 | +0.414% | $339K | $625K | 30x | as long as short |
| Phemex GRAMUSDTshort | +0.0100% | 4h | 1.4550 | +0.428% | $1.6M | $1.7M | 20x | |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4549 | +0.420% | $2K | $19 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4551 | +0.436% | $170K | $123K | 5x | as long as short |
| Hyperliquid GRAM | +0.0190% | 1h | 1.4568 | +0.553% | $35.8M | $7.1M | 5x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4490 | +0.014% | $1.4M | $199K | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0459% | 1h | 1.4566 | +0.539% | $54K | $20K | 10x | as long as short |
| Aster GRAMUSDT | +0.0477% | 4h | 1.4562 | +0.514% | $980K | $119K | 50x | as long as short |
| Lighter GRAM | +0.0808% | 1h | 1.4583 | +0.658% | $2.6M | $2.4M | 20x | as long as short |
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Hyperliquid GRAM
BloFin GRAM-USDT
Backpack GRAM_USDC_PERP
Aster GRAMUSDT
Lighter GRAM