Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.073%
Price spread now: OKX against BloFin+0.069%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$650.650% of the position
Funding, last 7 days−0.440%−$44 on $10k
+Price spread, last 4 days (all we have)−0.306%−$31 · spread now +0.069%, 7d avg −0.041%
=The price spread pays, funding is against you. OKX is 0.110% dearer against BloFin than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of −0.041%): +$11 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRAM-USDT | 1.4420 | 0.0340 | pay 0.0170% / 4h | 2h 02m | $1.4M | $242K | 50x |
| Short | OKX GRAM-USDT-SWAP | 1.4430 | 0.0100 | get 0.0050% / 4h | 2h 02m | $8.6M | $8.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.069% → −0.041%
- $10.99
- Slippage, 4 orders
- −$43.04
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$104.45
- Costs to cover
- 0.650%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; OKX: 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 | 6.93 bp | 12.9 bp −$13 | 28.3 bp −$283 | 375.4 bp −$37.5K | doesn't fit |
| Sell OKX live order book, 5 min ago | 3.47 bp | 10.8 bp −$11 | 30.6 bp −$306 | 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 | +0.485% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4450 | +0.210% | $2.3M | $2.9M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4437 | +0.118% | $20.4M | $27.4M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4426 | +0.042% | $30.5M | $13.6M | 50x | as long as short |
| OKX GRAM-USDT-SWAPshort | +0.0100% | 4h | 1.4430 | +0.069% | $8.6M | $8.2M | 50x | |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4433 | +0.090% | $3.6M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4430 | +0.069% | $16.4M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4430 | +0.069% | $9.0M | $10.2M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4433 | +0.090% | $7.0M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4433 | +0.090% | $17K | $275K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4450 | +0.208% | $14K | $615K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4440 | +0.139% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4457 | +0.257% | $7K | $560K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4459 | +0.270% | $332K | $584K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4430 | +0.069% | $1.6M | $1.8M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4432 | +0.087% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4428 | +0.055% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0200% | 4h | 1.4450 | +0.205% | $969K | $118K | 50x | as long as short |
| BloFin GRAM-USDTlong | +0.0340% | 4h | 1.4420 | long leg | $1.4M | $242K | 50x | |
| Hyperliquid GRAM | +0.0414% | 1h | 1.4448 | +0.194% | $35.6M | $7.6M | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0446% | 1h | 1.4440 | +0.139% | $53K | $16K | 10x | as long as short |
BloFin GRAM-USDT
OKX GRAM-USDT-SWAP
Injective GRAM/USDC PERP
Lighter GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Aster GRAMUSDT
Hyperliquid GRAM
Backpack GRAM_USDC_PERP