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: BloFin against Bybit+0.105%72s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as 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−$650.649% of the position
Funding, last 7 days+0.504%+$50 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.105%, 7d avg −0.014%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.119% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.014%. The two prices were read 72 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 | Bybit GRAMUSDT | 1.4315 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $30.3M | $13.7M | 50x |
| Short | BloFin GRAM-USDT | 1.4330 | 0.0340 | get 0.0170% / 4h | 2h 27m | $1.4M | $237K | 50x |
Bybit GRAMUSDT
BloFin GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $50.4
- Price spread: +0.105% → −0.014%
- $11.92
- Slippage, 4 orders
- −$41.87
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$2.55
- Costs to cover
- 0.649%
- Break-even
- 7.4 days
Slippage from Bybit: live order book, 1 min ago; BloFin: 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 Bybit live order book, 1 min ago | 3.49 bp | 17.1 bp −$17 | 41.6 bp −$416 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 6.97 bp | 13.0 bp −$13 | 26.1 bp −$261 | 162.1 bp −$16.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GRAM/USDC PERP | +0.0033% | 1h | 1.4490 | +1.222% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4340 | +0.171% | $2.3M | $2.9M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4322 | +0.047% | $20.2M | $27.5M | 50x | as long as short |
| Bybit GRAMUSDTlong | +0.0100% | 4h | 1.4315 | long leg | $30.3M | $13.7M | 50x | |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4320 | +0.035% | $8.5M | $8.1M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4323 | +0.056% | $3.5M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4320 | +0.035% | $16.4M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4319 | +0.028% | $9.0M | $10.2M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4319 | +0.028% | $7.0M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4334 | +0.134% | $17K | $276K | 10x | as long as short |
Injective GRAM/USDC PERP
Lighter GRAM
Binance GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
edgeX GRAMUSDCShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4350 | +0.244% | $14K | $617K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4330 | +0.105% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4376 | +0.426% | $6K | $561K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4384 | +0.482% | $330K | $584K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4330 | +0.105% | $1.5M | $1.8M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4314 | −0.010% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4316 | +0.007% | $168K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0220% | 4h | 1.4349 | +0.235% | $962K | $119K | 50x | as long as short |
| BloFin GRAM-USDTshort | +0.0340% | 4h | 1.4330 | +0.105% | $1.4M | $237K | 50x | |
| Backpack GRAM_USDC_PERP | +0.0407% | 1h | 1.4332 | +0.119% | $53K | $16K | 10x | as long as short |
| Hyperliquid GRAM | +0.0429% | 1h | 1.4339 | +0.168% | $35.3M | $7.6M | 5x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Aster GRAMUSDT
Backpack GRAM_USDC_PERP
Hyperliquid GRAM