Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Bitget+0.063%75s7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as 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−$590.590% of the position
Funding, last 7 days+0.407%+$41 on $10k
+Price spread, last 4 days (all we have)+0.412%+$41 · spread now +0.063%, 7d avg −0.025%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.088% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.025%. The two prices were read 75 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 | Bitget GRAMUSDT | 1.4381 | 0.0100 | pay 0.0050% / 4h | 2h 59m | $7.0M | $4.0M | 50x |
| Short | BloFin GRAM-USDT | 1.4390 | 0.0340 | get 0.0170% / 4h | 2h 59m | $1.4M | $232K | 50x |
Bitget GRAMUSDT
BloFin GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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: +0.063% → −0.025%
- $8.76
- Slippage, 4 orders
- −$35.04
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $0.12
- Costs to cover
- 0.590%
- Break-even
- 7.0 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 3 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 Bitget live order book, 3 min ago | 2.08 bp | 12.5 bp −$12 | 25.4 bp −$254 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 6.95 bp | 13.0 bp −$13 | 26.1 bp −$261 | 252.8 bp −$25.3K | 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 | +0.758% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4380 | −0.007% | $20.2M | $26.8M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4379 | −0.014% | $30.5M | $13.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4380 | −0.007% | $8.6M | $7.9M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4386 | +0.035% | $3.6M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4380 | −0.007% | $16.1M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4386 | +0.035% | $8.8M | $9.7M | 50x | as long as short |
| Bitget GRAMUSDTlong | +0.0100% | 4h | 1.4381 | long leg | $7.0M | $4.0M | 50x | |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4384 | +0.023% | $17K | $276K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4390 | +0.063% | $14K | $617K | 50x | as long as short |
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
edgeX GRAMUSDC
ApeX Omni GRAMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4370 | −0.076% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4406 | +0.174% | $6K | $538K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4416 | +0.243% | $305K | $592K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4370 | −0.076% | $1.6M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4379 | −0.014% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4376 | −0.035% | $130K | $159K | 5x | as long as short |
| Hyperliquid GRAM | +0.0188% | 1h | 1.4394 | +0.090% | $35.3M | $7.6M | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0240% | 1h | 1.4382 | +0.007% | $54K | $13K | 10x | as long as short |
| Lighter GRAM | +0.0280% | 1h | 1.4396 | +0.101% | $2.3M | $2.9M | 20x | as long as short |
| BloFin GRAM-USDTshort | +0.0340% | 4h | 1.4390 | +0.063% | $1.4M | $232K | 50x | |
| Aster GRAMUSDT | +0.0352% | 4h | 1.4403 | +0.151% | $970K | $124K | 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
Backpack GRAM_USDC_PERP
Lighter GRAM
Aster GRAMUSDT