Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.08 per $10,000 · paid last 24h +0.117%
Price spread now: Lighter against ApeX Omni−0.153%78s7-day average +0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as 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−$550.548% of the position
Funding, last 7 days+0.360%+$36 on $10k
+Price spread, last 4 days (all we have)+0.291%+$29 · spread now −0.153%, 7d avg +0.148%
=Together, before fees+0.651%+ Points / potential airdropLighter: Season 3 · farm board+$65 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.301% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.153% now, against its 7-day average of +0.148%). If the spread goes back, that is −$30 on $10k: about 15 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.360% in total) that is about 5.9 days. 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 | ApeX Omni GRAMUSDT | 1.4360 | 0.0100 | pay 0.0013% / 1h | 35m 55s | $14K | $617K | 50x |
| Short | Lighter GRAM | 1.4338 | 0.0168 | get 0.0021% / 1h | 35m 55s | $2.3M | $2.9M | 20x |
ApeX Omni GRAMUSDT
Lighter GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX Omni. 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
- $14.28
- Price spread: −0.153% → +0.148%
- −$30.1
- Slippage, 4 orders
- −$44.85
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$70.67
- Costs to cover
- 0.548%
- Break-even
- 41.6 days
Slippage from ApeX Omni: live order book, 67 min ago; Lighter: live order book, 6 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 ApeX Omni live order book, 67 min ago | 13.92 bp | 23.6 bp −$24 | 128.3 bp −$1,283 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 2.05 bp | 4.3 bp −$4 | 35.5 bp −$355 | 241.9 bp −$24.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GRAM/USDC PERP | +0.0033% | 1h | 1.4490 | +0.905% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4327 | −0.233% | $20.2M | $27.3M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4314 | −0.320% | $30.3M | $13.4M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4320 | −0.279% | $8.6M | $8.0M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4321 | −0.272% | $3.6M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4310 | −0.348% | $16.2M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4319 | −0.286% | $8.8M | $10.1M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4320 | −0.279% | $7.0M | $4.0M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4329 | −0.216% | $53K | $16K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4332 | −0.196% | $16K | $275K | 10x | as long as short |
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
edgeX GRAMUSDCShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDTlong | +0.0100% | 1h | 1.4360 | long leg | $14K | $617K | 50x | |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4320 | −0.279% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4346 | −0.097% | $7K | $557K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4355 | −0.035% | $323K | $601K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4320 | −0.279% | $1.5M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4315 | −0.312% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4309 | −0.355% | $168K | $122K | 5x | as long as short |
| Hyperliquid GRAM | +0.0131% | 1h | 1.4334 | −0.181% | $35.3M | $7.6M | 5x | as long as short |
| Lighter GRAMshort | +0.0168% | 1h | 1.4338 | −0.153% | $2.3M | $2.9M | 20x | |
| Aster GRAMUSDT | +0.0207% | 4h | 1.4327 | −0.230% | $966K | $124K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4340 | −0.139% | $1.4M | $243K | 50x | as long as short |
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Hyperliquid GRAM
Aster GRAMUSDT
BloFin GRAM-USDT