Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.121%
Price spread now: KuCoin against Lighter−0.073%7-day average −0.071% · 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−$57as in the Price arb table
costs, in and out, $10k−$570.572% of the position
Funding, last 7 days−0.420%−$42 on $10k
+Price spread, last 7 days+0.127%+$13 · spread now −0.073%, 7d avg −0.071%
=Together, before fees−0.293%+ Points / potential airdropLighter: Season 3 · farm board−$29 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter GRAM | 1.4357 | 0.0096 | pay 0.0012% / 1h | 32m 11s | $2.3M | $2.9M | 20x |
| Short | KuCoin GRAMUSDTM | 1.4346 | 0.0100 | get 0.0050% / 4h | 1h 32m | $8.9M | $10.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0.84
- Price spread: −0.073% → −0.071%
- −$0.23
- Slippage, 4 orders
- −$45.2
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$56.59
- Costs to cover
- 0.572%
- Break-even
- 478.6 days
Slippage from Lighter: live order book, 5 min ago; KuCoin: 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 Lighter live order book, 5 min ago | 3.51 bp | 6.8 bp −$7 | 33.7 bp −$337 | 174.2 bp −$17.4K | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 2.44 bp | 20.3 bp −$20 | 49.6 bp −$496 | 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 | +0.930% | $4K | $143K | 12x | as long as short |
| Lighter GRAMlong | +0.0096% | 1h | 1.4357 | long leg | $2.3M | $2.9M | 20x | |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4349 | −0.052% | $20.3M | $27.3M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4335 | −0.150% | $30.3M | $13.5M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4340 | −0.115% | $8.6M | $8.1M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4346 | −0.073% | $3.6M | $3.4M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4340 | −0.115% | $16.3M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTMshort | +0.0100% | 4h | 1.4346 | −0.073% | $8.9M | $10.2M | 50x | |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4342 | −0.101% | $7.0M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4360 | +0.024% | $17K | $275K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4360 | +0.024% | $14K | $615K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4340 | −0.115% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4367 | +0.073% | $7K | $558K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4372 | +0.108% | $330K | $587K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4340 | −0.115% | $1.5M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4345 | −0.082% | $2K | $31 | 5x | as long as short |
| Hyperliquid GRAM | +0.0101% | 1h | 1.4351 | −0.038% | $35.4M | $7.6M | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0103% | 1h | 1.4350 | −0.045% | $53K | $16K | 10x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4337 | −0.139% | $168K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0149% | 4h | 1.4375 | +0.132% | $964K | $118K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4340 | −0.115% | $1.4M | $238K | 50x | as long as short |
Lighter GRAM
KuCoin GRAMUSDTM
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
Bitget GRAMUSDT
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Backpack GRAM_USDC_PERP
Extended GRAM-USD
Aster GRAMUSDT
BloFin GRAM-USDT