Funding you earn now, next payment 00:00 UTC+0.0644%/8h= +70.5% APRpaid last 24h +0.113%
Price spread now: Lighter against MEXC+0.237%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs+$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$260.261% of the position
Funding, last 7 days+0.402%+$40 on $10k
+Price spread, last 7 days−0.211%−$21 · spread now +0.237%, 7d avg +0.107%
=Together, before fees+0.191%+ Points / potential airdropLighter: Season 3 · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Lighter is 0.130% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.107%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.402% in total (about 21.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GRAM_USDT | 1.4510 | 0.0100 | pay 0.0050% / 4h | 50m 29s | $15.4M | $2.7M | 20x |
| Short | Lighter GRAM | 1.4544 | 0.0744 | get 0.0093% / 1h | 50m 29s | $2.7M | $2.3M | 20x |
MEXC GRAM_USDT
Lighter GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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
- $135.24
- Price spread: +0.237% → +0.107%
- $13
- Slippage, 4 orders
- −$22.14
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $122.1
- Costs to cover
- 0.261%
- Break-even
- 0.7 days
Slippage from MEXC: live order book, 3 min ago; Lighter: live order book, 12 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 MEXC live order book, 3 min ago | 2.75 bp | 6.1 bp −$6 | 14.6 bp −$146 | 56.7 bp −$5,672 | 260.2 bp −$130.1K |
| Sell Lighter live order book, 12 min ago | 0.41 bp | 4.7 bp −$5 | 13.8 bp −$138 | 166.3 bp −$16.6K | 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 | −0.138% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4509 | −0.010% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4526 | +0.110% | $35.7M | $7.0M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4520 | +0.069% | $20.5M | $26.9M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4513 | +0.021% | $30.8M | $13.9M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4510 | 0.000% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4517 | +0.048% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDTlong | +0.0100% | 4h | 1.4510 | long leg | $15.4M | $2.7M | 20x | |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4514 | +0.028% | $9.0M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4515 | +0.034% | $7.1M | $3.9M | 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 GRAMUSDTM
Bitget GRAMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4520 | +0.069% | $44K | $15K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4502 | −0.052% | $17K | $271K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4520 | +0.069% | $13K | $590K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4510 | 0.000% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4526 | +0.110% | $7K | $594K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4510 | 0.000% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4512 | +0.014% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0150% | 4h | 1.4538 | +0.190% | $968K | $99K | 50x | as long as short |
| HTX GRAM-USDT | +0.0291% | 4h | 1.4554 | +0.303% | $336K | $628K | 30x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4490 | −0.138% | $1.4M | $215K | 50x | as long as short |
| Lighter GRAMshort | +0.0744% | 1h | 1.4544 | +0.237% | $2.7M | $2.3M | 20x |
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
HTX GRAM-USDT
BloFin GRAM-USDT