Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Phemex+0.110%7-day average +0.148% · you sell dearer than you buy
Net, funding: paid 7d − costs−$332as in the Funding arb table
Net, price: spread back to 7d avg − costs−$335as in the Price arb table
costs, in and out, $10k−$3323.315% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.017%+$2 · spread now +0.110%, 7d avg +0.148%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.037% cheaper against Phemex than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.148%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex GRAMUSDT | 1.4510 | 0.0100 | pay 0.0050% / 4h | 44m 07s | $1.6M | $1.7M | 20x |
| Short | SunX GRAM-USDT | 1.4526 | 0.0100 | get 0.0050% / 4h | 44m 07s | $7K | $592K | 10x |
Phemex GRAMUSDT
SunX GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.110% → +0.148%
- −$3.73
- Slippage, 4 orders
- −$311.52
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$335.25
- Costs to cover
- 3.315%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; SunX: live order book, 17 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 | 10.35 bp | 75.4 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 17 min ago | 67.85 bp | 107.5 bp −$108 | 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 | −0.138% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4512 | +0.011% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4526 | +0.110% | $35.7M | $7.0M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4515 | +0.037% | $20.5M | $26.9M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4516 | +0.041% | $30.8M | $13.9M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4500 | −0.069% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4515 | +0.034% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4510 | 0.000% | $15.5M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4513 | +0.021% | $9.0M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4514 | +0.028% | $7.1M | $3.9M | 50x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4516 | +0.041% | $44K | $15K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4504 | −0.040% | $17K | $272K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4510 | 0.000% | $13K | $591K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4510 | 0.000% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDTshort | +0.0100% | 4h | 1.4526 | +0.110% | $7K | $592K | 10x | |
| Phemex GRAMUSDTlong | +0.0100% | 4h | 1.4510 | long leg | $1.6M | $1.7M | 20x | |
| Extended GRAM-USD | +0.0104% | 1h | 1.4507 | −0.018% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0155% | 4h | 1.4536 | +0.177% | $967K | $99K | 50x | as long as short |
| HTX GRAM-USDT | +0.0268% | 4h | 1.4572 | +0.427% | $337K | $628K | 30x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4490 | −0.138% | $1.4M | $215K | 50x | as long as short |
| Lighter GRAM | +0.0856% | 1h | 1.4541 | +0.213% | $2.7M | $2.3M | 20x | as long as short |
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
Extended GRAM-USD
Aster GRAMUSDT
HTX GRAM-USDT
BloFin GRAM-USDT
Lighter GRAM