Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.076%
Price spread now: KuCoin against BloFin+0.468%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$710.705% of the position
Funding, last 7 days−0.458%−$46 on $10k
+Price spread, last 4 days (all we have)−0.734%−$73 · spread now +0.468%, 7d avg +0.042%
=The price spread pays, funding is against you. KuCoin is 0.425% dearer against BloFin than usual: you sell high and buy low (spread +0.468% now, against its 7-day average of +0.042%): +$43 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 5.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRAM-USDT | 1.4330 | 0.0340 | pay 0.0170% / 4h | 36m 42s | $1.4M | $228K | 50x |
| Short | KuCoin GRAMUSDTM | 1.4397 | 0.0100 | get 0.0050% / 4h | 36m 42s | $8.7M | $10.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.468% → +0.042%
- $42.52
- Slippage, 4 orders
- −$46.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$78.39
- Costs to cover
- 0.705%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; KuCoin: live order book, 2 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, 6 min ago | 6.95 bp | 16.8 bp −$17 | 31.1 bp −$311 | 327.4 bp −$32.7K | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 2.09 bp | 14.9 bp −$15 | 53.4 bp −$534 | 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 | +1.117% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4407 | +0.536% | $2.3M | $2.9M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0097% | 8h | 1.4384 | +0.380% | $2K | $19 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4411 | +0.565% | $35.4M | $7.3M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4400 | +0.488% | $20.4M | $28.6M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4392 | +0.433% | $30.3M | $14.1M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4390 | +0.419% | $8.6M | $8.7M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4399 | +0.482% | $3.6M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4400 | +0.488% | $15.0M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTMshort | +0.0100% | 4h | 1.4397 | +0.468% | $8.7M | $10.5M | 50x |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4401 | +0.495% | $7.2M | $4.2M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4364 | +0.235% | $17K | $273K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4350 | +0.140% | $14K | $611K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4390 | +0.419% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4407 | +0.537% | $6K | $605K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4417 | +0.607% | $331K | $636K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4390 | +0.419% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4394 | +0.446% | $168K | $123K | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0113% | 1h | 1.4404 | +0.516% | $53K | $16K | 10x | as long as short |
| Aster GRAMUSDT | +0.0216% | 4h | 1.4420 | +0.628% | $966K | $126K | 50x | as long as short |
| BloFin GRAM-USDTlong | +0.0340% | 4h | 1.4330 | long leg | $1.4M | $228K | 50x |
BloFin GRAM-USDT
KuCoin GRAMUSDTM
Injective GRAM/USDC PERP
Lighter GRAM
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
Bitget GRAMUSDT
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Backpack GRAM_USDC_PERP
Aster GRAMUSDT