GRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: Phemex against BloFin+0.068%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$229as in the Funding arb table

Net, price: spread back to 7d avg − costs−$182as in the Price arb table

costs, in and out, $10k−$1891.888% of the position

Long on BloFin Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.397%−$40 on $10k

Price spread, last 3 days (all we have)−0.112%−$11 · spread now +0.068%, 7d avg +0.005%

Together, before fees−0.509%−$51 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phemex is 0.064% dearer against BloFin than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of +0.005%): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin GRAM-USDT	1.4600	0.0340	pay 0.0170% / 4h	3h 04m	$1.4M	$204K	50x
Short	Phemex GRAMUSDT	1.4610	0.0100	get 0.0050% / 4h	3h 04m	$1.6M	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee PhemexbpOrdersPrice spread, now +0.068%Rate

Funding earned: −$50.4
Price spread: +0.068% → +0.005%: $6.38
Slippage, 4 orders: −$164.8
Fee BloFin: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$232.82
Costs to cover: 1.888%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; Phemex: live order book, 3 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, 3 min ago	10.26 bp	22.9 bp −$23	34.1 bp −$341	231.9 bp −$23.2K	doesn't fit
Sell Phemex live order book, 3 min ago	6.84 bp	71.8 bp −$72	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	−0.753%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4612	+0.085%	$2K	$19	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4620	+0.139%	$20.7M	$27.1M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4620	+0.137%	$31.1M	$13.8M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4610	+0.068%	$8.7M	$8.6M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4626	+0.178%	$3.7M	$3.3M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4620	+0.137%	$15.7M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4625	+0.171%	$8.9M	$10.8M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4629	+0.199%	$7.3M	$3.9M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4623	+0.159%	$17K	$273K	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	1.4640	+0.274%	$14K	$603K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4620	+0.137%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4637	+0.253%	$7K	$592K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4667	+0.459%	$342K	$625K	30x	as long as short
Phemex GRAMUSDTshort	+0.0100%	4h	1.4610	+0.068%	$1.6M	$1.7M	20x
Extended GRAM-USD	+0.0104%	1h	1.4617	+0.114%	$171K	$123K	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0216%	1h	1.4628	+0.192%	$54K	$20K	10x	as long as short
Hyperliquid GRAM	+0.0280%	1h	1.4644	+0.301%	$36.1M	$7.0M	5x	as long as short
BloFin GRAM-USDTlong	+0.0340%	4h	1.4600	long leg	$1.4M	$204K	50x
Aster GRAMUSDT	+0.0420%	4h	1.4660	+0.411%	$987K	$115K	50x	as long as short
Lighter GRAM	+0.0496%	1h	1.4648	+0.327%	$2.6M	$2.4M	20x	as long as short