Funding you earn now, next payment 09:00 UTC+0.0172%/8h= +18.8% APRnext payment +$0.21 per $10,000 · paid last 24h +0.016%
Price spread now: Backpack against Extended+0.069%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Backpack is 0.069% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread 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 | Extended GRAM-USD | 1.4314 | 0.0104 | pay 0.0013% / 1h | 53m 35s | $167K | $122K | 5x |
| Short | Backpack GRAM_USDC_PERP | 1.4324 | 0.0276 | get 0.0034% / 1h | 53m 35s | $53K | $15K | 10x |
Extended GRAM-USD
Backpack GRAM_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Extended. 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
- $36.12
- Price spread: +0.069% → 0.000%
- $6.87
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $27.99
- Costs to cover
- 0.150%
- Break-even
- 1.6 days
Slippage unknown: Extended: live order book, 42 min ago; Backpack: 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 Extended live order book, 42 min ago | 5.24 bp | 18.5 bp −$18 | 73.1 bp −$731 | doesn't fit | doesn't fit |
| Sell Backpack no order-book sample | — | — | — | — | — |
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 | +0.0033% | 1h | 1.4490 | +1.228% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4318 | +0.026% | $20.1M | $27.3M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4315 | +0.006% | $30.3M | $13.4M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4310 | −0.029% | $8.6M | $8.0M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4318 | +0.027% | $3.6M | $3.4M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4310 | −0.029% | $16.3M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4316 | +0.013% | $8.8M | $9.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4311 | −0.022% | $7.0M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4322 | +0.054% | $16K | $274K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4320 | +0.041% | $14K | $616K | 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
Bitget GRAMUSDT
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 | 1.4320 | +0.041% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4337 | +0.160% | $6K | $557K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4330 | +0.111% | $304K | $639K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4310 | −0.029% | $1.6M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4310 | −0.026% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USDlong | +0.0104% | 1h | 1.4314 | long leg | $167K | $122K | 5x | |
| Hyperliquid GRAM | +0.0104% | 1h | 1.4328 | +0.097% | $35.2M | $7.6M | 5x | as long as short |
| Lighter GRAM | +0.0168% | 1h | 1.4327 | +0.092% | $2.3M | $2.8M | 20x | as long as short |
| Aster GRAMUSDT | +0.0264% | 4h | 1.4344 | +0.208% | $967K | $124K | 50x | as long as short |
| Backpack GRAM_USDC_PERPshort | +0.0276% | 1h | 1.4324 | +0.069% | $53K | $15K | 10x | |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4320 | +0.041% | $1.4M | $243K | 50x | as long as short |
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Lighter GRAM
Aster GRAMUSDT
BloFin GRAM-USDT