Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against SunX−0.178%115s7-day average −0.153% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as 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−$1491.488% of the position
Funding, last 7 days+0.397%+$40 on $10k
+Price spread, last 3 days (all we have)+0.150%+$15 · spread now −0.178%, 7d avg −0.153%
=Funding pays, the price is against you. BloFin is 0.025% cheaper against SunX than usual: you would sell low and buy high (spread −0.178% now, against its 7-day average of −0.153%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$7 a day). The two prices were read 115 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 | SunX GRAM-USDT | 1.4576 | 0.0100 | pay 0.0050% / 4h | 2h 35m | $7K | $573K | 10x |
| Short | BloFin GRAM-USDT | 1.4550 | 0.0340 | get 0.0170% / 4h | 2h 35m | $1.4M | $210K | 50x |
SunX GRAM-USDT
BloFin GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against SunX. 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
- $50.4
- Price spread: −0.178% → −0.153%
- −$2.53
- Slippage, 4 orders
- −$128.85
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$100.98
- Costs to cover
- 1.488%
- Break-even
- 21.0 days
Slippage from SunX: live order book, 45 min ago; BloFin: 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 SunX live order book, 45 min ago | 32.54 bp | 50.9 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 6.87 bp | 15.3 bp −$15 | 37.9 bp −$379 | 172.4 bp −$17.2K | 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 | 1.4555 | −0.143% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4578 | +0.014% | $35.9M | $6.9M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4560 | −0.110% | $20.9M | $25.9M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4561 | −0.103% | $30.7M | $13.8M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4540 | −0.247% | $8.7M | $8.4M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4558 | −0.123% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4550 | −0.178% | $15.5M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4553 | −0.158% | $8.7M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4562 | −0.096% | $7.2M | $3.8M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4564 | −0.082% | $44K | $12K | 10x | as long as short |
Paradex GRAM-USD-PERP
Hyperliquid GRAM
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 GRAMUSDC | +0.0100% | 4h | 1.4526 | −0.343% | $17K | $270K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4560 | −0.110% | $14K | $588K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4560 | −0.110% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDTlong | +0.0100% | 4h | 1.4576 | long leg | $7K | $573K | 10x | |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4560 | −0.110% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4558 | −0.121% | $150K | $103K | 5x | as long as short |
| Injective GRAM/USDC PERP | +0.0132% | 1h | 1.4540 | −0.247% | $4K | $121K | 12x | as long as short |
| Aster GRAMUSDT | +0.0260% | 4h | 1.4567 | −0.061% | $969K | $100K | 50x | as long as short |
| BloFin GRAM-USDTshort | +0.0340% | 4h | 1.4550 | −0.178% | $1.4M | $210K | 50x | |
| Lighter GRAM | +0.0864% | 1h | 1.4592 | +0.110% | $2.8M | $2.5M | 20x | as long as short |
| HTX GRAM-USDT | +0.1453% | 4h | 1.4593 | +0.117% | $338K | $627K | 30x | as long as short |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
Phemex GRAMUSDT
Extended GRAM-USD
Injective GRAM/USDC PERP
Aster GRAMUSDT
Lighter GRAM
HTX GRAM-USDT