Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Phemex+0.014%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1561.557% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.014%, 7d avg +0.029%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex GRAMUSDT | 1.4320 | 0.0100 | pay 0.0050% / 4h | 18m 48s | $1.5M | $1.7M | 20x |
| Short | Gate GRAM_USDT | 1.4322 | 0.0100 | get 0.0050% / 4h | 18m 48s | $3.6M | $3.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Phemex. 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: +0.014% → +0.029%
- −$1.49
- Slippage, 4 orders
- −$128.74
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$157.23
- Costs to cover
- 1.557%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; Gate: live order book, 4 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 Phemex live order book, 4 min ago | 10.48 bp | 62.2 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 4.89 bp | 14.2 bp −$14 | 43.7 bp −$437 | 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 | +1.187% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4333 | +0.093% | $2.3M | $2.9M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4324 | +0.028% | $20.2M | $27.3M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4320 | 0.000% | $30.3M | $13.4M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4330 | +0.070% | $8.5M | $8.0M | 50x | as long as short |
| Gate GRAM_USDTshort | +0.0100% | 4h | 1.4322 | +0.014% | $3.6M | $3.5M | 75x | |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4320 | 0.000% | $16.2M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4325 | +0.035% | $8.8M | $10.0M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4325 | +0.035% | $7.0M | $4.0M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4332 | +0.084% | $53K | $15K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4302 | −0.122% | $16K | $275K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4320 | 0.000% | $14K | $616K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4330 | +0.070% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4356 | +0.251% | $6K | $560K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4328 | +0.056% | $304K | $639K | 30x | as long as short |
| Phemex GRAMUSDTlong | +0.0100% | 4h | 1.4320 | long leg | $1.5M | $1.7M | 20x | |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4318 | −0.013% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4320 | +0.003% | $168K | $122K | 5x | as long as short |
| Hyperliquid GRAM | +0.0161% | 1h | 1.4333 | +0.088% | $35.3M | $7.7M | 5x | as long as short |
| Aster GRAMUSDT | +0.0219% | 4h | 1.4348 | +0.196% | $968K | $124K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4310 | −0.070% | $1.4M | $242K | 50x | as long as short |
Phemex GRAMUSDT
Gate GRAM_USDT
Injective GRAM/USDC PERP
Lighter GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
HTX GRAM-USDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Hyperliquid GRAM
Aster GRAMUSDT
BloFin GRAM-USDT