Funding you earn now, next payment 02:00 UTC−0.0548%/8h= −60.0% APRpaid last 24h −0.110%
Price spread now: Gate against Lighter−0.159%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$410.413% of the position
Funding, last 7 days−0.467%−$47 on $10k
+Price spread, last 7 days+0.113%+$11 · spread now −0.159%, 7d avg −0.080%
=Together, before fees−0.354%+ Points / potential airdropLighter: Season 3 · farm board−$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Gate is 0.079% cheaper against Lighter than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.080%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter GRAM | 1.4529 | 0.0648 | pay 0.0081% / 1h | 8m 37s | $2.6M | $2.4M | 20x |
| Short | Gate GRAM_USDT | 1.4506 | 0.0100 | get 0.0050% / 4h | 2h 08m | $3.7M | $3.3M | 75x |
Lighter GRAM
Gate GRAM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$115.08
- Price spread: −0.159% → −0.080%
- −$7.85
- Slippage, 4 orders
- −$26.29
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$164.22
- Costs to cover
- 0.413%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; Gate: live order book, 5 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, 3 min ago | 1.75 bp | 4.1 bp −$4 | 33.1 bp −$331 | 188.6 bp −$18.9K | doesn't fit |
| Sell Gate live order book, 5 min ago | 5.85 bp | 15.1 bp −$15 | 51.9 bp −$519 | doesn't fit | doesn't fit |
GRAM on 20 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 | −0.269% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4501 | −0.196% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4507 | −0.153% | $20.5M | $27.9M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4502 | −0.187% | $30.8M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4500 | −0.200% | $8.6M | $8.6M | 50x | as long as short |
| Gate GRAM_USDTshort | +0.0100% | 4h | 1.4506 | −0.159% | $3.7M | $3.3M | 75x | |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4500 | −0.200% | $15.3M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4498 | −0.214% | $8.8M | $10.6M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4517 | −0.083% | $7.2M | $4.1M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4507 | −0.150% | $17K | $272K | 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
edgeX GRAMUSDCShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4540 | +0.075% | $14K | $607K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4510 | −0.131% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4527 | −0.014% | $7K | $600K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4540 | +0.075% | $340K | $621K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4500 | −0.200% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4501 | −0.195% | $170K | $123K | 5x | as long as short |
| Hyperliquid GRAM | +0.0157% | 1h | 1.4515 | −0.100% | $35.7M | $7.4M | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0367% | 1h | 1.4513 | −0.111% | $54K | $20K | 10x | as long as short |
| Aster GRAMUSDT | +0.0419% | 4h | 1.4516 | −0.089% | $973K | $126K | 50x | as long as short |
| Lighter GRAMlong | +0.0648% | 1h | 1.4529 | long leg | $2.6M | $2.4M | 20x |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Hyperliquid GRAM
Backpack GRAM_USDC_PERP
Aster GRAMUSDT