Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Gate−0.104%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$640.641% of the position
Funding, last 7 days+0.529%+$53 on $10k
+Price spread, last 3 days (all we have)+0.366%+$37 · spread now −0.104%, 7d avg −0.036%
=Funding pays, the price is against you. BloFin is 0.067% cheaper against Gate than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of −0.036%). If the spread goes back, that is −$7 on $10k: about 22 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GRAM_USDT | 1.4485 | 0.0100 | pay 0.0050% / 4h | 2h 04m | $3.7M | $3.3M | 75x |
| Short | BloFin GRAM-USDT | 1.4470 | 0.0340 | get 0.0170% / 4h | 2h 04m | $1.4M | $209K | 50x |
Gate GRAM_USDT
BloFin GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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: −0.104% → −0.036%
- −$6.71
- Slippage, 4 orders
- −$37.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$20.42
- Costs to cover
- 0.641%
- Break-even
- 9.8 days
Slippage from Gate: live order book, 4 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 Gate live order book, 4 min ago | 4.82 bp | 17.6 bp −$18 | 97.2 bp −$972 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 3.45 bp | 9.4 bp −$9 | 20.1 bp −$201 | 160.0 bp −$16.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paradex GRAM-USD-PERP | +0.0098% | 8h | 1.4480 | −0.037% | $2K | $30 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4480 | −0.033% | $20.5M | $26.7M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4484 | −0.007% | $30.7M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4480 | −0.035% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDTlong | +0.0100% | 4h | 1.4485 | long leg | $3.7M | $3.3M | 75x | |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4480 | −0.035% | $15.4M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4483 | −0.014% | $8.6M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4484 | −0.007% | $7.2M | $3.9M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4482 | −0.021% | $45K | $13K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4505 | +0.135% | $17K | $270K | 10x | as long as short |
Paradex GRAM-USD-PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
edgeX GRAMUSDCShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4500 | +0.104% | $13K | $593K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4480 | −0.035% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4496 | +0.076% | $7K | $592K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4470 | −0.104% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4479 | −0.044% | $169K | $123K | 5x | as long as short |
| Injective GRAM/USDC PERP | +0.0132% | 1h | 1.4490 | +0.035% | $4K | $143K | 12x | as long as short |
| Hyperliquid GRAM | +0.0174% | 1h | 1.4503 | +0.124% | $35.8M | $6.9M | 5x | as long as short |
| Aster GRAMUSDT | +0.0238% | 4h | 1.4505 | +0.137% | $965K | $102K | 50x | as long as short |
| BloFin GRAM-USDTshort | +0.0340% | 4h | 1.4470 | −0.104% | $1.4M | $209K | 50x | |
| Lighter GRAM | +0.0760% | 1h | 1.4510 | +0.175% | $2.7M | $2.5M | 20x | as long as short |
| HTX GRAM-USDT | +0.0935% | 4h | 1.4504 | +0.131% | $336K | $629K | 30x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Injective GRAM/USDC PERP
Hyperliquid GRAM
Aster GRAMUSDT
Lighter GRAM
HTX GRAM-USDT