Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: edgeX against Phemex+0.003%78s7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$187as 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−$1801.805% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)−0.516%−$52 · spread now +0.003%, 7d avg −0.026%
=Together, before fees−0.583%+ Points / potential airdropedgeX: Active · farm board−$58 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: edgeX is 0.029% dearer against Phemex than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.026%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex GRAMUSDT | 1.4460 | 0.0100 | pay 0.0050% / 4h | 1h 37m | $1.5M | $1.8M | 20x |
| Short | edgeX GRAMUSDC | 1.4460 | 0.0100 | get 0.0050% / 4h | 1h 37m | $17K | $272K | 10x |
Phemex GRAMUSDT
edgeX GRAMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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: +0.003% → −0.026%
- $2.87
- Slippage, 4 orders
- −$159.47
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$177.6
- Costs to cover
- 1.805%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; edgeX: live order book, 25 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, 5 min ago | 6.90 bp | 63.4 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 25 min ago | 17.25 bp | 21.7 bp −$22 | 39.3 bp −$393 | 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 | +0.207% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4471 | +0.078% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4465 | +0.036% | $20.6M | $28.1M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4450 | −0.069% | $30.7M | $13.8M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4460 | 0.000% | $8.7M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4469 | +0.062% | $3.7M | $3.3M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4460 | 0.000% | $15.2M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4467 | +0.048% | $8.8M | $10.5M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4466 | +0.041% | $7.2M | $4.1M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4468 | +0.055% | $53K | $16K | 10x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDCshort | +0.0100% | 4h | 1.4460 | +0.003% | $17K | $272K | 10x | |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4500 | +0.277% | $14K | $606K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4460 | 0.000% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4490 | +0.207% | $7K | $598K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4522 | +0.429% | $338K | $619K | 30x | as long as short |
| Phemex GRAMUSDTlong | +0.0100% | 4h | 1.4460 | long leg | $1.5M | $1.8M | 20x | |
| Extended GRAM-USD | +0.0104% | 1h | 1.4461 | +0.008% | $169K | $123K | 5x | as long as short |
| Hyperliquid GRAM | +0.0282% | 1h | 1.4477 | +0.118% | $35.7M | $7.3M | 5x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4450 | −0.069% | $1.4M | $203K | 50x | as long as short |
| Aster GRAMUSDT | +0.0357% | 4h | 1.4482 | +0.151% | $971K | $126K | 50x | as long as short |
| Lighter GRAM | +0.0784% | 1h | 1.4491 | +0.217% | $2.6M | $2.4M | 20x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Extended GRAM-USD
Hyperliquid GRAM
BloFin GRAM-USDT
Aster GRAMUSDT
Lighter GRAM