Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Binance against Bybit+0.001%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$480.482% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now +0.001%, 7d avg −0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GRAMUSDT | 1.4540 | 0.0100 | pay 0.0050% / 4h | 2h 14m | $30.8M | $14.0M | 50x |
| Short | Binance GRAMUSDT | 1.4540 | 0.0100 | get 0.0050% / 4h | 2h 14m | $20.6M | $26.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: +0.001% → −0.004%
- $0.59
- Slippage, 4 orders
- −$27.17
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$47.58
- Costs to cover
- 0.482%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 12 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 Bybit live order book, 5 min ago | 3.44 bp | 16.6 bp −$17 | 36.2 bp −$362 | 774.4 bp −$77.4K | doesn't fit |
| Sell Binance live order book, 12 min ago | 3.44 bp | 9.4 bp −$9 | 25.1 bp −$251 | 192.4 bp −$19.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paradex GRAM-USD-PERP | +0.0098% | 8h | 1.4545 | +0.037% | $2K | $30 | 5x | as long as short |
| Binance GRAMUSDTshort | +0.0100% | 4h | 1.4540 | +0.001% | $20.6M | $26.7M | 50x | |
| Bybit GRAMUSDTlong | +0.0100% | 4h | 1.4540 | long leg | $30.8M | $14.0M | 50x | |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4520 | −0.138% | $8.7M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4546 | +0.041% | $3.7M | $3.3M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4540 | 0.000% | $15.5M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4544 | +0.028% | $8.6M | $11.0M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4540 | 0.000% | $7.2M | $3.9M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4550 | +0.069% | $46K | $13K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4545 | +0.032% | $17K | $271K | 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 | 1.4560 | +0.138% | $14K | $593K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4550 | +0.069% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4556 | +0.110% | $7K | $590K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4530 | −0.069% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4538 | −0.014% | $170K | $123K | 5x | as long as short |
| Injective GRAM/USDC PERP | +0.0132% | 1h | 1.4490 | −0.344% | $4K | $143K | 12x | as long as short |
| Hyperliquid GRAM | +0.0144% | 1h | 1.4560 | +0.138% | $35.9M | $6.9M | 5x | as long as short |
| Aster GRAMUSDT | +0.0254% | 4h | 1.4562 | +0.152% | $968K | $102K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4530 | −0.069% | $1.4M | $210K | 50x | as long as short |
| Lighter GRAM | +0.0792% | 1h | 1.4574 | +0.237% | $2.7M | $2.5M | 20x | as long as short |
| HTX GRAM-USDT | +0.1050% | 4h | 1.4586 | +0.316% | $338K | $629K | 30x | as long as short |
Bybit GRAMUSDT
Binance GRAMUSDT
Paradex GRAM-USD-PERP
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Injective GRAM/USDC PERP
Hyperliquid GRAM
Aster GRAMUSDT
BloFin GRAM-USDT
Lighter GRAM
HTX GRAM-USDT