Funding you earn now, next payment 05:00 UTC−0.0156%/8h= −17.1% APRnext payment −$0.20 per $10,000 · paid last 24h −0.115%
Price spread now: ApeX Omni against Lighter−0.213%7-day average −0.152% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$600.595% of the position
Funding, last 7 days−0.358%−$36 on $10k
+Price spread, last 4 days (all we have)−0.015%−$1 · spread now −0.213%, 7d avg −0.152%
=Together, before fees−0.372%+ Points / potential airdropLighter: Season 3 · farm board−$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and ApeX Omni is 0.061% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.152%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter GRAM | 1.4401 | 0.0256 | pay 0.0032% / 1h | 30m 56s | $2.3M | $2.9M | 20x |
| Short | ApeX Omni GRAMUSDT | 1.4370 | 0.0100 | get 0.0013% / 1h | 30m 56s | $14K | $615K | 50x |
Lighter GRAM
ApeX Omni GRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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
- −$32.76
- Price spread: −0.213% → −0.152%
- −$6.15
- Slippage, 4 orders
- −$49.53
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$98.44
- Costs to cover
- 0.595%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; ApeX Omni: live order book, 22 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 Lighter live order book, 6 min ago | 1.84 bp | 8.1 bp −$8 | 32.6 bp −$326 | 174.3 bp −$17.4K | doesn't fit |
| Sell ApeX Omni live order book, 22 min ago | 13.91 bp | 22.1 bp −$22 | 111.9 bp −$1,119 | 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 | +0.0033% | 1h | 1.4490 | +0.620% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4374 | −0.185% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4390 | −0.074% | $20.3M | $28.4M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4391 | −0.067% | $30.4M | $13.9M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4390 | −0.074% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4389 | −0.081% | $3.6M | $3.4M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4390 | −0.074% | $16.1M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4397 | −0.026% | $9.0M | $10.3M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4388 | −0.088% | $7.1M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4373 | −0.192% | $17K | $275K | 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
edgeX GRAMUSDCShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDTshort | +0.0100% | 1h | 1.4370 | −0.213% | $14K | $615K | 50x | |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4390 | −0.074% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4417 | +0.113% | $6K | $587K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4409 | +0.058% | $328K | $652K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4380 | −0.144% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4386 | −0.104% | $168K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0125% | 4h | 1.4406 | +0.035% | $966K | $126K | 50x | as long as short |
| Lighter GRAMlong | +0.0256% | 1h | 1.4401 | long leg | $2.3M | $2.9M | 20x | |
| Backpack GRAM_USDC_PERP | +0.0305% | 1h | 1.4395 | −0.040% | $53K | $16K | 10x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4360 | −0.283% | $1.4M | $233K | 50x | as long as short |
| Hyperliquid GRAM | +0.0929% | 1h | 1.4406 | +0.037% | $35.5M | $7.5M | 5x | as long as short |
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
Backpack GRAM_USDC_PERP
BloFin GRAM-USDT
Hyperliquid GRAM