Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.121%
Price spread now: MEXC against Lighter−0.073%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$270.270% of the position
Funding, last 7 days−0.425%−$42 on $10k
+Price spread, last 7 days+0.047%+$5 · spread now −0.073%, 7d avg −0.111%
=Together, before fees−0.378%+ Points / potential airdropLighter: Season 3 · farm board−$38 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.038% dearer against Lighter than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.111%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter GRAM | 1.4410 | 0.0096 | pay 0.0012% / 1h | 26m 10s | $2.3M | $2.9M | 20x |
| Short | MEXC GRAM_USDT | 1.4400 | 0.0100 | get 0.0050% / 4h | 26m 10s | $15.4M | $2.6M | 20x |
Lighter GRAM
MEXC GRAM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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% → −0.111%
- $3.82
- Slippage, 4 orders
- −$23.03
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$22.37
- Costs to cover
- 0.270%
- Break-even
- 193.4 days
Slippage from Lighter: live order book, 6 min ago; MEXC: live order book, 2 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 | 1.69 bp | 8.1 bp −$8 | 24.3 bp −$243 | 161.9 bp −$16.2K | doesn't fit |
| Sell MEXC live order book, 2 min ago | 3.47 bp | 5.5 bp −$5 | 14.3 bp −$143 | 58.9 bp −$5,888 | 248.4 bp −$124.2K |
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 | +0.552% | $4K | $143K | 12x | as long as short |
| Lighter GRAMlong | +0.0096% | 1h | 1.4410 | long leg | $2.3M | $2.9M | 20x | |
| Paradex GRAM-USD-PERP | +0.0096% | 8h | 1.4398 | −0.087% | $2K | $19 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4413 | +0.017% | $35.4M | $7.3M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4404 | −0.045% | $20.4M | $28.7M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4400 | −0.073% | $30.3M | $14.1M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4400 | −0.073% | $8.6M | $8.7M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4408 | −0.017% | $3.6M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDTshort | +0.0100% | 4h | 1.4400 | −0.073% | $15.4M | $2.6M | 20x | |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4407 | −0.024% | $8.9M | $10.5M | 50x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
KuCoin GRAMUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4406 | −0.031% | $7.2M | $4.2M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4458 | +0.331% | $17K | $275K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4450 | +0.274% | $14K | $613K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4400 | −0.073% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4426 | +0.108% | $7K | $611K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4429 | +0.128% | $327K | $688K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4400 | −0.073% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4401 | −0.065% | $168K | $123K | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0182% | 1h | 1.4420 | +0.066% | $53K | $16K | 10x | as long as short |
| Aster GRAMUSDT | +0.0185% | 4h | 1.4415 | +0.032% | $966K | $127K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4400 | −0.073% | $1.4M | $229K | 50x | as long as short |
Bitget GRAMUSDT
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Backpack GRAM_USDC_PERP
Aster GRAMUSDT
BloFin GRAM-USDT