Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: Gate against BloFin+0.125%63s7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$630.626% of the position
Funding, last 7 days−0.522%−$52 on $10k
+Price spread, last 4 days (all we have)−0.256%−$26 · spread now +0.125%, 7d avg +0.035%
=The price spread pays, funding is against you. Gate is 0.089% dearer against BloFin than usual: you sell high and buy low (spread +0.125% now, against its 7-day average of +0.035%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 30 hours. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRAM-USDT | 1.4410 | 0.0340 | pay 0.0170% / 4h | 1h 57m | $1.4M | $242K | 50x |
| Short | Gate GRAM_USDT | 1.4428 | 0.0100 | get 0.0050% / 4h | 1h 57m | $3.6M | $3.4M | 75x |
BloFin GRAM-USDT
Gate GRAM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- −$50.4
- Price spread: +0.125% → +0.035%
- $8.95
- Slippage, 4 orders
- −$35.6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$104.06
- Costs to cover
- 0.626%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Gate: live order book, 5 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 BloFin live order book, 5 min ago | 3.47 bp | 21.3 bp −$21 | 34.1 bp −$341 | 341.1 bp −$34.1K | doesn't fit |
| Sell Gate live order book, 5 min ago | 4.85 bp | 16.1 bp −$16 | 42.7 bp −$427 | 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 | +0.555% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4440 | +0.209% | $2.3M | $2.9M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4422 | +0.084% | $20.4M | $27.4M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4420 | +0.069% | $30.5M | $13.6M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4410 | 0.000% | $8.6M | $8.1M | 50x | as long as short |
| Gate GRAM_USDTshort | +0.0100% | 4h | 1.4428 | +0.125% | $3.6M | $3.4M | 75x | |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4430 | +0.139% | $16.4M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4430 | +0.139% | $9.0M | $10.2M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4421 | +0.076% | $7.0M | $4.0M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4433 | +0.160% | $53K | $16K | 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
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 | 1.4432 | +0.151% | $17K | $276K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4450 | +0.278% | $14K | $616K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4430 | +0.139% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4457 | +0.326% | $7K | $560K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4470 | +0.416% | $332K | $583K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4430 | +0.139% | $1.6M | $1.8M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4432 | +0.156% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4417 | +0.051% | $169K | $123K | 5x | as long as short |
| Hyperliquid GRAM | +0.0180% | 1h | 1.4433 | +0.160% | $35.6M | $7.7M | 5x | as long as short |
| Aster GRAMUSDT | +0.0189% | 4h | 1.4445 | +0.244% | $968K | $118K | 50x | as long as short |
| BloFin GRAM-USDTlong | +0.0340% | 4h | 1.4410 | long leg | $1.4M | $242K | 50x |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Hyperliquid GRAM
Aster GRAMUSDT