Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: Bitget against BloFin+0.213%75s7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as 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−$650.646% of the position
Funding, last 7 days−0.407%−$41 on $10k
+Price spread, last 3 days (all we have)−0.299%−$30 · spread now +0.213%, 7d avg +0.020%
=The price spread pays, funding is against you. Bitget is 0.192% dearer against BloFin than usual: you sell high and buy low (spread +0.213% now, against its 7-day average of +0.020%): +$19 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.7 days. 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 | BloFin GRAM-USDT | 1.4570 | 0.0340 | pay 0.0170% / 4h | 2h 47m | $1.4M | $203K | 50x |
| Short | Bitget GRAMUSDT | 1.4601 | 0.0100 | get 0.0050% / 4h | 2h 47m | $7.3M | $4.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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: +0.213% → +0.020%
- $19.23
- Slippage, 4 orders
- −$40.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$95.79
- Costs to cover
- 0.646%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Bitget: live order book, 5 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 BloFin live order book, 5 min ago | 6.89 bp | 19.7 bp −$20 | 30.8 bp −$308 | 261.1 bp −$26.1K | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.10 bp | 15.9 bp −$16 | 36.0 bp −$360 | doesn't fit | 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 | −0.549% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4599 | +0.196% | $20.6M | $27.6M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4595 | +0.172% | $31.1M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4590 | +0.137% | $8.7M | $8.7M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4596 | +0.178% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4590 | +0.137% | $15.7M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4598 | +0.192% | $8.9M | $10.8M | 50x | as long as short |
| Bitget GRAMUSDTshort | +0.0100% | 4h | 1.4601 | +0.213% | $7.3M | $4.1M | 50x | |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4488 | −0.563% | $17K | $272K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4520 | −0.343% | $14K | $604K | 50x | as long as short |
Show 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 | 1.4580 | +0.069% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4576 | +0.041% | $7K | $596K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4548 | −0.151% | $339K | $625K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4580 | +0.069% | $1.6M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4580 | +0.070% | $2K | $19 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4587 | +0.118% | $170K | $123K | 5x | as long as short |
| Hyperliquid GRAM | +0.0182% | 1h | 1.4615 | +0.309% | $36.0M | $7.1M | 5x | as long as short |
| BloFin GRAM-USDTlong | +0.0340% | 4h | 1.4570 | long leg | $1.4M | $203K | 50x | |
| Aster GRAMUSDT | +0.0483% | 4h | 1.4610 | +0.275% | $984K | $124K | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0511% | 1h | 1.4600 | +0.206% | $54K | $20K | 10x | as long as short |
| Lighter GRAM | +0.0768% | 1h | 1.4618 | +0.328% | $2.6M | $2.4M | 20x | as long as short |
BloFin GRAM-USDT
Bitget GRAMUSDT
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Hyperliquid GRAM
Aster GRAMUSDT
Backpack GRAM_USDC_PERP
Lighter GRAM