Funding you earn now, next payment 03:00 UTC+0.0732%/8h= +80.2% APRpaid last 24h +0.112%
Price spread now: Lighter against Gate+0.176%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$420.420% of the position
Funding, last 7 days+0.474%+$47 on $10k
+Price spread, last 7 days−0.133%−$13 · spread now +0.176%, 7d avg +0.082%
=Together, before fees+0.340%+ Points / potential airdropLighter: Season 3 · farm board+$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Lighter is 0.094% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.082%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.474% in total (about 24.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GRAM_USDT | 1.4533 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $3.7M | $3.4M | 75x |
| Short | Lighter GRAM | 1.4559 | 0.0832 | get 0.0104% / 1h | 10m 15s | $2.6M | $2.4M | 20x |
Gate GRAM_USDT
Lighter GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $153.72
- Price spread: +0.176% → +0.082%
- $9.42
- Slippage, 4 orders
- −$27.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $121.13
- Costs to cover
- 0.420%
- Break-even
- 1.5 days
Slippage from Gate: live order book, 3 min ago; Lighter: 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 Gate live order book, 3 min ago | 4.49 bp | 14.1 bp −$14 | 86.7 bp −$867 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 1.55 bp | 8.3 bp −$8 | 28.0 bp −$280 | 177.3 bp −$17.7K | 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 | −0.296% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4534 | +0.008% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4530 | −0.022% | $20.7M | $28.1M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4522 | −0.076% | $30.8M | $13.8M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4520 | −0.089% | $8.7M | $8.6M | 50x | as long as short |
| Gate GRAM_USDTlong | +0.0100% | 4h | 1.4533 | long leg | $3.7M | $3.4M | 75x | |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4530 | −0.021% | $15.3M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4532 | −0.007% | $8.8M | $10.4M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4532 | −0.007% | $7.2M | $4.1M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4534 | +0.007% | $54K | $16K | 10x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4478 | −0.380% | $17K | $272K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4490 | −0.296% | $14K | $608K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4520 | −0.089% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4558 | +0.172% | $7K | $596K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4578 | +0.310% | $340K | $620K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4530 | −0.021% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4524 | −0.064% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0333% | 4h | 1.4529 | −0.027% | $974K | $126K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4460 | −0.502% | $1.4M | $207K | 50x | as long as short |
| Hyperliquid GRAM | +0.0346% | 1h | 1.4542 | +0.062% | $35.9M | $7.2M | 5x | as long as short |
| Lighter GRAMshort | +0.0832% | 1h | 1.4559 | +0.176% | $2.6M | $2.4M | 20x |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
BloFin GRAM-USDT
Hyperliquid GRAM