Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Orderly against Backpack−0.090%7-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: Orderly is 0.090% cheaper against Backpack than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack GRAM_USDC_PERP | 1.4433 | 0.0100 | pay 0.0013% / 1h | 43m 55s | $53K | $16K | 10x |
| Short | Orderly PERP_GRAM_USDC_mythos | 1.4420 | 0.0100 | get 0.0050% / 4h | 43m 55s | $2K | $1K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: −0.090% → 0.000%
- −$9.01
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$25.01
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Backpack: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample | — | — | — | — | — |
Backpack and Orderly: 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 | +0.0033% | 1h | 1.4490 | +0.395% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0098% | 8h | 1.4399 | −0.234% | $2K | $19 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4436 | +0.021% | $35.5M | $7.3M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4417 | −0.113% | $20.5M | $28.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4404 | −0.201% | $30.4M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4410 | −0.159% | $8.6M | $8.6M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4422 | −0.076% | $3.6M | $3.4M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4420 | −0.090% | $15.1M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4414 | −0.132% | $8.7M | $10.5M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4421 | −0.083% | $7.2M | $4.2M | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack GRAM_USDC_PERPlong | +0.0100% | 1h | 1.4433 | long leg | $53K | $16K | 10x | |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4358 | −0.518% | $17K | $275K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4380 | −0.367% | $14K | $610K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythosshort | +0.0100% | 4h | 1.4420 | −0.090% | $2K | $1K | 10x | |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4439 | +0.042% | $7K | $602K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4413 | −0.139% | $335K | $621K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4410 | −0.159% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4413 | −0.137% | $168K | $123K | 5x | as long as short |
| Lighter GRAM | +0.0208% | 1h | 1.4421 | −0.081% | $2.3M | $2.9M | 20x | as long as short |
| Aster GRAMUSDT | +0.0239% | 4h | 1.4420 | −0.090% | $966K | $126K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4390 | −0.298% | $1.4M | $229K | 50x | as long as short |
Backpack GRAM_USDC_PERP
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Lighter GRAM
Aster GRAMUSDT
BloFin GRAM-USDT