Funding you earn now, next payment 23:00 UTC+0.0588%/8h= +64.4% APRpaid last 24h +0.103%
Price spread now: Lighter against Gate+0.205%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$460.460% of the position
Funding, last 7 days+0.454%+$45 on $10k
+Price spread, last 7 days−0.228%−$23 · spread now +0.205%, 7d avg +0.076%
=Together, before fees+0.226%+ Points / potential airdropLighter: Season 3 · farm board+$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Lighter is 0.129% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GRAM_USDT | 1.4480 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $3.7M | $3.2M | 75x |
| Short | Lighter GRAM | 1.4510 | 0.0688 | get 0.0086% / 1h | 50m 49s | $2.7M | $2.3M | 20x |
Gate GRAM_USDT
Lighter GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $123.48
- Price spread: +0.205% → +0.076%
- $12.89
- Slippage, 4 orders
- −$31.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $90.36
- Costs to cover
- 0.460%
- Break-even
- 1.9 days
Slippage from Gate: live order book, 2 min ago; Lighter: 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 Gate live order book, 2 min ago | 5.18 bp | 16.1 bp −$16 | 100.4 bp −$1,004 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 1.55 bp | 8.7 bp −$9 | 21.1 bp −$211 | 178.6 bp −$17.9K | 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 | +0.069% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0099% | 8h | 1.4471 | −0.061% | $2K | $30 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4473 | −0.051% | $20.5M | $26.7M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4478 | −0.014% | $30.6M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4470 | −0.069% | $8.6M | $8.4M | 50x | as long as short |
| Gate GRAM_USDTlong | +0.0100% | 4h | 1.4480 | long leg | $3.7M | $3.2M | 75x | |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4470 | −0.069% | $15.4M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4477 | −0.021% | $8.7M | $11.0M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4476 | −0.028% | $7.1M | $3.9M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4489 | +0.062% | $45K | $13K | 10x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
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 | 1.4490 | +0.071% | $17K | $270K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4490 | +0.069% | $13K | $591K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4480 | 0.000% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4496 | +0.110% | $7K | $589K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4470 | −0.069% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4478 | −0.015% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0243% | 4h | 1.4505 | +0.176% | $965K | $98K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4480 | 0.000% | $1.4M | $209K | 50x | as long as short |
| Hyperliquid GRAM | +0.0657% | 1h | 1.4502 | +0.152% | $35.8M | $6.9M | 5x | as long as short |
| Lighter GRAMshort | +0.0688% | 1h | 1.4510 | +0.205% | $2.7M | $2.3M | 20x | |
| HTX GRAM-USDT | +0.0741% | 4h | 1.4521 | +0.283% | $337K | $621K | 30x | as long as short |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
BloFin GRAM-USDT
Hyperliquid GRAM
HTX GRAM-USDT