Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.004%
Price spread now: Bybit against Extended−0.022%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$580.582% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.022%, 7d avg +0.030%
=Together, before fees+0.036%+ Points / potential airdropExtended: Active · farm board+$4 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: Bybit is 0.052% cheaper against Extended than usual: you would sell low and buy high, −$5 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 | Extended GRAM-USD | 1.4457 | 0.0104 | pay 0.0013% / 1h | 9m 58s | $169K | $123K | 5x |
| Short | Bybit GRAMUSDT | 1.4454 | 0.0100 | get 0.0050% / 4h | 9m 58s | $30.6M | $13.9M | 50x |
Extended GRAM-USD
Bybit GRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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: −0.022% → +0.030%
- −$5.23
- Slippage, 4 orders
- −$42.16
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$64.23
- Costs to cover
- 0.582%
- Break-even
- never at this rate
Slippage from Extended: live order book, 1 min ago; Bybit: 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 Extended live order book, 1 min ago | 5.19 bp | 16.3 bp −$16 | 85.9 bp −$859 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.46 bp | 10.5 bp −$11 | 28.6 bp −$286 | 484.4 bp −$48.4K | 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 | +0.227% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4454 | −0.021% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4470 | +0.089% | $35.6M | $7.0M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4460 | +0.020% | $20.4M | $27.0M | 50x | as long as short |
| Bybit GRAMUSDTshort | +0.0100% | 4h | 1.4454 | −0.022% | $30.6M | $13.9M | 50x | |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4450 | −0.050% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4458 | +0.006% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4460 | +0.020% | $15.4M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4459 | +0.013% | $8.9M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4462 | +0.033% | $7.2M | $4.0M | 50x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Binance 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 | 1.4467 | +0.068% | $43K | $15K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4447 | −0.068% | $17K | $271K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4450 | −0.050% | $14K | $602K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4460 | +0.020% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4477 | +0.137% | $7K | $591K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4460 | +0.020% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USDlong | +0.0104% | 1h | 1.4457 | long leg | $169K | $123K | 5x | |
| Aster GRAMUSDT | +0.0167% | 4h | 1.4486 | +0.200% | $975K | $111K | 50x | as long as short |
| HTX GRAM-USDT | +0.0269% | 4h | 1.4484 | +0.186% | $335K | $620K | 30x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4440 | −0.119% | $1.4M | $204K | 50x | as long as short |
| Lighter GRAM | +0.0864% | 1h | 1.4491 | +0.233% | $2.7M | $2.3M | 20x | as long as short |
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Aster GRAMUSDT
HTX GRAM-USDT
BloFin GRAM-USDT
Lighter GRAM