Funding you earn now, next payment 06:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.039%
Price spread now: Extended against Injective−0.960%60s7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as 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−$1101.098% of the position
Funding, last 7 days+0.109%+$11 on $10k
+Price spread, last 4 days (all we have)+1.418%+$142 · spread now −0.960%, 7d avg −0.021%
=Together, before fees+1.528%+ Points / potential airdropExtended: Active · farm board+$153 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.939% cheaper against Injective than usual: you would sell low and buy high (spread −0.960% now, against its 7-day average of −0.021%). If the spread goes back, that is −$94 on $10k: about 44 days of funding at the current rate (+$2 a day). The two prices were read 60 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 | Injective GRAM/USDC PERP | 1.4490 | 0.0033 | pay 0.0004% / 1h | 40m 02s | $4K | $143K | 12x |
| Short | Extended GRAM-USD | 1.4351 | 0.0104 | get 0.0013% / 1h | 40m 02s | $168K | $123K | 5x |
Injective GRAM/USDC PERP
Extended GRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Injective. 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
- $14.84
- Price spread: −0.960% → −0.021%
- −$93.9
- Slippage, 4 orders
- −$104.8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$188.88
- Costs to cover
- 1.098%
- Break-even
- 96.1 days
Slippage from Injective: live order book, 54 min ago; Extended: 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 Injective live order book, 54 min ago | 27.82 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 6 min ago | 5.22 bp | 16.8 bp −$17 | 82.6 bp −$826 | 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 PERPlong | +0.0033% | 1h | 1.4490 | long leg | $4K | $143K | 12x | |
| Lighter GRAM | +0.0096% | 1h | 1.4369 | −0.832% | $2.3M | $2.9M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4350 | −0.966% | $20.3M | $27.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4345 | −1.001% | $30.3M | $13.6M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4350 | −0.966% | $8.6M | $8.1M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4354 | −0.939% | $3.5M | $3.4M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4350 | −0.966% | $16.5M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4357 | −0.918% | $9.2M | $10.1M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4355 | −0.932% | $7.1M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4358 | −0.913% | $17K | $274K | 10x | as long as short |
Lighter GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
edgeX GRAMUSDCShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4370 | −0.828% | $14K | $618K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4360 | −0.897% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4376 | −0.787% | $6K | $561K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4391 | −0.683% | $330K | $584K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4360 | −0.897% | $1.5M | $1.8M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4352 | −0.949% | $2K | $19 | 5x | as long as short |
| Extended GRAM-USDshort | +0.0104% | 1h | 1.4351 | −0.960% | $168K | $123K | 5x | |
| Aster GRAMUSDT | +0.0214% | 4h | 1.4374 | −0.801% | $964K | $120K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4360 | −0.897% | $1.4M | $237K | 50x | as long as short |
| Hyperliquid GRAM | +0.0416% | 1h | 1.4376 | −0.787% | $35.4M | $7.6M | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0486% | 1h | 1.4359 | −0.904% | $53K | $16K | 10x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Aster GRAMUSDT
BloFin GRAM-USDT
Hyperliquid GRAM
Backpack GRAM_USDC_PERP