Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.117%
Price spread now: SunX against Lighter+0.044%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1261.262% of the position
Funding, last 7 days−0.360%−$36 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.044%, 7d avg +0.002%
=Together, before fees−0.452%+ Points / potential airdropLighter: Season 3 · farm board−$45 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: SunX is 0.042% dearer against Lighter than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter GRAM | 1.4340 | 0.0096 | pay 0.0012% / 1h | 58m 21s | $2.3M | $2.8M | 20x |
| Short | SunX GRAM-USDT | 1.4346 | 0.0100 | get 0.0050% / 4h | 3h 58m | $7K | $557K | 10x |
Lighter GRAM
SunX GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.044% → +0.002%
- $4.17
- Slippage, 4 orders
- −$118.15
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$121.15
- Costs to cover
- 1.262%
- Break-even
- 1016.6 days
Slippage from Lighter: live order book, 4 min ago; SunX: live order book, 53 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, 4 min ago | 1.71 bp | 4.3 bp −$4 | 28.7 bp −$287 | 252.6 bp −$25.3K | doesn't fit |
| Sell SunX live order book, 53 min ago | 32.71 bp | 66.8 bp −$67 | doesn't fit | 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 | +1.048% | $4K | $143K | 12x | as long as short |
| Lighter GRAMlong | +0.0096% | 1h | 1.4340 | long leg | $2.3M | $2.8M | 20x | |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4337 | −0.017% | $35.3M | $7.7M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4330 | −0.071% | $20.2M | $27.2M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4330 | −0.068% | $30.3M | $13.4M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4330 | −0.068% | $8.6M | $8.0M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4330 | −0.068% | $3.6M | $3.4M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4330 | −0.068% | $16.3M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4330 | −0.068% | $8.8M | $9.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4325 | −0.103% | $7.0M | $4.0M | 50x | as long as short |
Injective GRAM/USDC PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4302 | −0.264% | $16K | $276K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4330 | −0.068% | $14K | $616K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4330 | −0.068% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDTshort | +0.0100% | 4h | 1.4346 | +0.044% | $7K | $557K | 10x | |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4349 | +0.065% | $304K | $639K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4320 | −0.137% | $1.6M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4328 | −0.082% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4323 | −0.114% | $167K | $122K | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0135% | 1h | 1.4328 | −0.082% | $53K | $15K | 10x | as long as short |
| Aster GRAMUSDT | +0.0249% | 4h | 1.4350 | +0.072% | $968K | $124K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4310 | −0.207% | $1.4M | $242K | 50x | as long as short |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Backpack GRAM_USDC_PERP
Aster GRAMUSDT
BloFin GRAM-USDT