Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Phemex+0.014%53s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1621.619% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 3 days (all we have)−0.258%−$26 · spread now +0.014%, 7d avg +0.010%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex GRAMUSDT | 1.4560 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $1.6M | $1.7M | 20x |
| Short | Bybit GRAMUSDT | 1.4562 | 0.0100 | get 0.0050% / 4h | 2h 36m | $30.7M | $13.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Phemex. 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: +0.014% → +0.010%
- $0.37
- Slippage, 4 orders
- −$138.9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$161.53
- Costs to cover
- 1.619%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; Bybit: 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 Phemex live order book, 2 min ago | 10.31 bp | 62.0 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.44 bp | 15.6 bp −$16 | 40.7 bp −$407 | 500.2 bp −$50.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4557 | −0.024% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4576 | +0.110% | $35.9M | $6.9M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4559 | −0.010% | $20.9M | $25.9M | 50x | as long as short |
| Bybit GRAMUSDTshort | +0.0100% | 4h | 1.4562 | +0.014% | $30.7M | $13.8M | 50x | |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4540 | −0.137% | $8.7M | $8.4M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4560 | 0.000% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4560 | 0.000% | $15.5M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4554 | −0.041% | $8.7M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4557 | −0.021% | $7.2M | $3.8M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4566 | +0.041% | $44K | $12K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4526 | −0.233% | $17K | $270K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4500 | −0.412% | $13K | $589K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4570 | +0.069% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4576 | +0.110% | $7K | $573K | 10x | as long as short |
| Phemex GRAMUSDTlong | +0.0100% | 4h | 1.4560 | long leg | $1.6M | $1.7M | 20x | |
| Extended GRAM-USD | +0.0104% | 1h | 1.4558 | −0.011% | $150K | $103K | 5x | as long as short |
| Injective GRAM/USDC PERP | +0.0132% | 1h | 1.4540 | −0.137% | $4K | $121K | 12x | as long as short |
| Aster GRAMUSDT | +0.0260% | 4h | 1.4562 | +0.014% | $969K | $100K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4550 | −0.069% | $1.4M | $210K | 50x | as long as short |
| Lighter GRAM | +0.0856% | 1h | 1.4593 | +0.225% | $2.8M | $2.5M | 20x | as long as short |
| HTX GRAM-USDT | +0.1457% | 4h | 1.4593 | +0.227% | $338K | $627K | 30x | as long as short |
Phemex GRAMUSDT
Bybit GRAMUSDT
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Binance GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
Extended GRAM-USD
Injective GRAM/USDC PERP
Aster GRAMUSDT
BloFin GRAM-USDT
Lighter GRAM
HTX GRAM-USDT