Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.004%
Price spread now: Phemex against Extended+0.058%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1871.865% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 3 days (all we have)+0.104%+$10 · spread now +0.058%, 7d avg +0.022%
=Together, before fees+0.185%+ Points / potential airdropExtended: Active · farm board+$18 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 0.036% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended GRAM-USD | 1.4512 | 0.0104 | pay 0.0013% / 1h | 37m 37s | $169K | $123K | 5x |
| Short | Phemex GRAMUSDT | 1.4520 | 0.0100 | get 0.0050% / 4h | 1h 37m | $1.6M | $1.7M | 20x |
Extended GRAM-USD
Phemex GRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: +0.058% → +0.022%
- $3.62
- Slippage, 4 orders
- −$169.55
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$183.77
- Costs to cover
- 1.865%
- Break-even
- never at this rate
Slippage from Extended: live order book, 43 min ago; Phemex: live order book, 6 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, 43 min ago | 6.87 bp | 17.0 bp −$17 | 104.7 bp −$1,047 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 6 min ago | 17.22 bp | 74.0 bp −$74 | 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 | −0.0387% | 1h | 1.4490 | −0.149% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0099% | 8h | 1.4511 | −0.003% | $2K | $30 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4514 | +0.017% | $20.6M | $26.7M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4510 | −0.011% | $30.7M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4500 | −0.080% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4517 | +0.037% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4510 | −0.011% | $15.4M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4508 | −0.025% | $8.6M | $11.0M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4516 | +0.030% | $7.2M | $3.8M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4519 | +0.051% | $45K | $13K | 10x | 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 GRAMUSDT
Backpack GRAM_USDC_PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4527 | +0.107% | $17K | $270K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4540 | +0.196% | $13K | $588K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4520 | +0.058% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4546 | +0.237% | $7K | $590K | 10x | as long as short |
| Phemex GRAMUSDTshort | +0.0100% | 4h | 1.4520 | +0.058% | $1.6M | $1.7M | 20x | |
| Extended GRAM-USDlong | +0.0104% | 1h | 1.4512 | long leg | $169K | $123K | 5x | |
| Aster GRAMUSDT | +0.0239% | 4h | 1.4535 | +0.159% | $967K | $98K | 50x | as long as short |
| Hyperliquid GRAM | +0.0323% | 1h | 1.4529 | +0.120% | $35.9M | $6.9M | 5x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4510 | −0.011% | $1.4M | $211K | 50x | as long as short |
| HTX GRAM-USDT | +0.0595% | 4h | 1.4580 | +0.471% | $338K | $621K | 30x | as long as short |
| Lighter GRAM | +0.0688% | 1h | 1.4543 | +0.215% | $2.7M | $2.3M | 20x | as long as short |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Aster GRAMUSDT
Hyperliquid GRAM
BloFin GRAM-USDT
HTX GRAM-USDT
Lighter GRAM