Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: Phemex against MEXC0.000%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1391.391% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 4 days (all we have)+0.092%+$9 · spread now 0.000%, 7d avg +0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GRAM_USDT | 1.4380 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $16.5M | $2.6M | 20x |
| Short | Phemex GRAMUSDT | 1.4380 | 0.0100 | get 0.0050% / 4h | 2h 36m | $1.6M | $1.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: 0.000% → +0.013%
- −$1.33
- Slippage, 4 orders
- −$123.15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$140.47
- Costs to cover
- 1.391%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Phemex: 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 MEXC live order book, 2 min ago | 3.48 bp | 5.5 bp −$5 | 12.2 bp −$122 | 63.1 bp −$6,308 | 322.4 bp −$161.2K |
| Sell Phemex live order book, 2 min ago | 13.92 bp | 61.7 bp −$62 | 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 | +0.765% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4397 | +0.117% | $2.3M | $2.9M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4381 | +0.004% | $20.3M | $27.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4382 | +0.014% | $30.4M | $13.6M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4380 | 0.000% | $8.6M | $8.1M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4384 | +0.028% | $3.6M | $3.4M | 75x | as long as short |
| MEXC GRAM_USDTlong | +0.0100% | 4h | 1.4380 | long leg | $16.5M | $2.6M | 20x | |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4383 | +0.021% | $9.2M | $10.1M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4382 | +0.014% | $7.1M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4341 | −0.272% | $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 | −0.139% | $14K | $617K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4380 | 0.000% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4407 | +0.188% | $6K | $560K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4391 | +0.076% | $330K | $584K | 30x | as long as short |
| Phemex GRAMUSDTshort | +0.0100% | 4h | 1.4380 | 0.000% | $1.6M | $1.8M | 20x | |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4379 | −0.008% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4380 | −0.001% | $168K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0219% | 4h | 1.4390 | +0.070% | $965K | $120K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4350 | −0.209% | $1.4M | $237K | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0459% | 1h | 1.4393 | +0.090% | $53K | $16K | 10x | as long as short |
| Hyperliquid GRAM | +0.0472% | 1h | 1.4397 | +0.118% | $35.5M | $7.6M | 5x | as long as short |
MEXC GRAM_USDT
Phemex GRAMUSDT
Injective GRAM/USDC PERP
Lighter GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
HTX GRAM-USDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Aster GRAMUSDT
BloFin GRAM-USDT
Backpack GRAM_USDC_PERP
Hyperliquid GRAM