Funding you earn now, next payment 03:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.039%
Price spread now: Extended against Injective+0.111%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1101.101% of the position
Funding, last 7 days+0.109%+$11 on $10k
+Price spread, last 4 days (all we have)−0.214%−$21 · spread now +0.111%, 7d avg +0.001%
=Together, before fees−0.104%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.111% dearer against Injective than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective GRAM/USDC PERP | 1.4490 | 0.0033 | pay 0.0004% / 1h | 8m 44s | $4K | $143K | 12x |
| Short | Extended GRAM-USD | 1.4506 | 0.0104 | get 0.0013% / 1h | 8m 44s | $169K | $123K | 5x |
Injective GRAM/USDC PERP
Extended GRAM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Injective. 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
- $14.84
- Price spread: +0.111% → +0.001%
- $11.07
- Slippage, 4 orders
- −$105.04
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$84.15
- Costs to cover
- 1.101%
- Break-even
- 46.7 days
Slippage from Injective: live order book, 35 min ago; Extended: live order book, 52 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 Injective live order book, 35 min ago | 37.97 bp | 38.0 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 52 min ago | 5.87 bp | 16.1 bp −$16 | 75.7 bp −$757 | 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 PERPlong | +0.0033% | 1h | 1.4490 | long leg | $4K | $143K | 12x | |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4512 | +0.152% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4500 | +0.069% | $20.7M | $28.1M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4490 | 0.000% | $30.8M | $13.8M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4490 | 0.000% | $8.7M | $8.6M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4513 | +0.159% | $3.6M | $3.4M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4510 | +0.138% | $15.3M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4510 | +0.138% | $8.8M | $10.4M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4497 | +0.048% | $7.2M | $4.1M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4516 | +0.179% | $54K | $16K | 10x | as long as short |
Paradex GRAM-USD-PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
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 | 1.4477 | −0.089% | $17K | $273K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4490 | 0.000% | $14K | $608K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4510 | +0.138% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4558 | +0.469% | $7K | $596K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4578 | +0.607% | $340K | $620K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4510 | +0.138% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USDshort | +0.0104% | 1h | 1.4506 | +0.111% | $169K | $123K | 5x | |
| Aster GRAMUSDT | +0.0339% | 4h | 1.4520 | +0.207% | $973K | $126K | 50x | as long as short |
| Hyperliquid GRAM | +0.0339% | 1h | 1.4510 | +0.138% | $35.8M | $7.2M | 5x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4520 | +0.207% | $1.4M | $208K | 50x | as long as short |
| Lighter GRAM | +0.0824% | 1h | 1.4531 | +0.284% | $2.6M | $2.4M | 20x | as long as short |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Aster GRAMUSDT
Hyperliquid GRAM
BloFin GRAM-USDT
Lighter GRAM