Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Gate+0.042%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1701.697% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)+0.360%+$36 · spread now +0.042%, 7d avg −0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.072% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GRAM_USDT | 1.4254 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $3.6M | $3.4M | 75x |
| Short | Phemex GRAMUSDT | 1.4260 | 0.0100 | get 0.0050% / 4h | 3h 31m | $1.5M | $1.7M | 20x |
Gate GRAM_USDT
Phemex GRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.042% → −0.029%
- $7.15
- Slippage, 4 orders
- −$142.67
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$162.52
- Costs to cover
- 1.697%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Phemex: live order book, 1 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, 1 min ago | 7.36 bp | 15.5 bp −$15 | 121.1 bp −$1,211 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 3.51 bp | 63.2 bp −$63 | doesn't fit | 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 | +1.656% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4276 | +0.151% | $2.3M | $2.8M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4250 | −0.028% | $20.0M | $27.2M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4241 | −0.091% | $30.1M | $13.3M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4240 | −0.098% | $8.5M | $7.9M | 50x | as long as short |
| Gate GRAM_USDTlong | +0.0100% | 4h | 1.4254 | long leg | $3.6M | $3.4M | 75x | |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4250 | −0.028% | $15.6M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4260 | +0.042% | $8.8M | $9.8M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4248 | −0.042% | $6.9M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4271 | +0.121% | $16K | $276K | 10x | as long as short |
Injective GRAM/USDC PERP
Lighter GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
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 | 1.4280 | +0.182% | $14K | $615K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4260 | +0.042% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4277 | +0.161% | $6K | $552K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4298 | +0.309% | $303K | $623K | 30x | as long as short |
| Phemex GRAMUSDTshort | +0.0100% | 4h | 1.4260 | +0.042% | $1.5M | $1.7M | 20x | |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4255 | +0.004% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4246 | −0.054% | $166K | $122K | 5x | as long as short |
| Hyperliquid GRAM | +0.0129% | 1h | 1.4257 | +0.021% | $35.0M | $7.7M | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0267% | 1h | 1.4260 | +0.042% | $53K | $14K | 10x | as long as short |
| Aster GRAMUSDT | +0.0295% | 4h | 1.4276 | +0.151% | $963K | $122K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4260 | +0.042% | $1.4M | $242K | 50x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Hyperliquid GRAM
Backpack GRAM_USDC_PERP
Aster GRAMUSDT
BloFin GRAM-USDT