Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: Bitget against Backpack−0.041%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.041% cheaper against Backpack than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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 | Backpack GRAM_USDC_PERP | 1.4521 | 0.0100 | pay 0.0013% / 1h | 38m 25s | $45K | $13K | 10x |
| Short | Bitget GRAMUSDT | 1.4515 | 0.0100 | get 0.0050% / 4h | 1h 38m | $7.2M | $3.8M | 50x |
Backpack GRAM_USDC_PERP
Bitget GRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Backpack. 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: −0.041% → 0.000%
- −$4.13
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$26.13
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Backpack: no order-book sample; Bitget: live order book, 5 min ago. Net counts fees only.
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 Backpack no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 5 min ago | 3.45 bp | 12.0 bp −$12 | 18.3 bp −$183 | doesn't fit | doesn't fit |
Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0387% | 1h | 1.4490 | −0.213% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0099% | 8h | 1.4510 | −0.073% | $2K | $30 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4520 | −0.007% | $20.6M | $26.7M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4510 | −0.076% | $30.7M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4510 | −0.076% | $8.7M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4519 | −0.014% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4520 | −0.007% | $15.5M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4513 | −0.055% | $8.6M | $11.0M | 50x | as long as short |
| Bitget GRAMUSDTshort | +0.0100% | 4h | 1.4515 | −0.041% | $7.2M | $3.8M | 50x | |
| Backpack GRAM_USDC_PERPlong | +0.0100% | 1h | 1.4521 | long leg | $45K | $13K | 10x |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4527 | +0.043% | $17K | $270K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4540 | +0.131% | $13K | $588K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4520 | −0.007% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4556 | +0.241% | $7K | $590K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4520 | −0.007% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4517 | −0.025% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0242% | 4h | 1.4538 | +0.117% | $967K | $98K | 50x | as long as short |
| Hyperliquid GRAM | +0.0332% | 1h | 1.4539 | +0.124% | $35.9M | $6.9M | 5x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4510 | −0.076% | $1.4M | $211K | 50x | as long as short |
| HTX GRAM-USDT | +0.0605% | 4h | 1.4580 | +0.406% | $338K | $621K | 30x | as long as short |
| Lighter GRAM | +0.0680% | 1h | 1.4546 | +0.171% | $2.7M | $2.3M | 20x | as long as short |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
Hyperliquid GRAM
BloFin GRAM-USDT
HTX GRAM-USDT
Lighter GRAM