Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.042%
Price spread now: Orderly against Injective−1.173%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Orderly is 1.173% cheaper against Injective than usual: you would sell low and buy high (spread −1.173% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$117 on $10k: about 59 days of funding at the current rate (+$2 a day). The two prices were read 58 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 | 23m 49s | $4K | $143K | 12x |
| Short | Orderly PERP_GRAM_USDC_mythos | 1.4320 | 0.0100 | get 0.0050% / 4h | 23m 49s | $2K | $1K | 10x |
Injective GRAM/USDC PERP
Orderly PERP_GRAM_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- Price spread: −1.173% → 0.000%
- −$117.32
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$109.34
- Costs to cover
- 0.060%
- Break-even
- 61.7 days
Slippage unknown: Injective: live order book, 60 min ago; Orderly: no order-book sample. Net counts fees only.
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, 60 min ago | 24.36 bp | 51.1 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 1.4321 | −1.170% | $2.3M | $2.9M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4312 | −1.225% | $20.1M | $27.2M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4308 | −1.256% | $30.3M | $13.4M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4310 | −1.242% | $8.5M | $8.0M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4319 | −1.180% | $3.6M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4320 | −1.173% | $16.2M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4316 | −1.201% | $8.8M | $10.1M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4310 | −1.242% | $7.0M | $4.0M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4322 | −1.159% | $53K | $15K | 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
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 | 1.4321 | −1.165% | $16K | $274K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4320 | −1.173% | $14K | $616K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythosshort | +0.0100% | 4h | 1.4320 | −1.173% | $2K | $1K | 10x | |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4337 | −1.056% | $6K | $559K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4324 | −1.146% | $304K | $639K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4310 | −1.242% | $1.5M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4310 | −1.239% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4310 | −1.240% | $168K | $122K | 5x | as long as short |
| Hyperliquid GRAM | +0.0163% | 1h | 1.4320 | −1.173% | $35.2M | $7.7M | 5x | as long as short |
| Aster GRAMUSDT | +0.0217% | 4h | 1.4338 | −1.052% | $967K | $124K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4320 | −1.173% | $1.4M | $242K | 50x | as long as short |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Hyperliquid GRAM
Aster GRAMUSDT
BloFin GRAM-USDT