Funding you earn now, next payment 02:00 UTC+0.0327%/8h= +35.8% APRnext payment +$0.41 per $10,000 · paid last 24h +0.008%
Price spread now: Backpack against Extended+0.077%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Backpack is 0.077% dearer against Extended than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended GRAM-USD | 1.4581 | 0.0104 | pay 0.0013% / 1h | 24m 56s | $170K | $123K | 5x |
| Short | Backpack GRAM_USDC_PERP | 1.4592 | 0.0431 | get 0.0054% / 1h | 24m 56s | $54K | $20K | 10x |
Extended GRAM-USD
Backpack GRAM_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Extended. 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
- $68.62
- Price spread: +0.077% → 0.000%
- $7.75
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $61.36
- Costs to cover
- 0.150%
- Break-even
- 0.7 days
Slippage unknown: Extended: live order book, 41 min ago; Backpack: no order-book sample. Net counts fees only.
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 Extended live order book, 41 min ago | 5.14 bp | 16.8 bp −$17 | 80.8 bp −$808 | doesn't fit | doesn't fit |
| Sell Backpack no order-book sample | — | — | — | — | — |
Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
GRAM on 20 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 | −0.622% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4582 | +0.011% | $20.6M | $27.8M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4570 | −0.073% | $31.0M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4570 | −0.073% | $8.7M | $8.6M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4587 | +0.043% | $3.7M | $3.3M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4580 | −0.005% | $15.3M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4588 | +0.050% | $8.9M | $10.7M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4587 | +0.043% | $7.3M | $4.1M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4564 | −0.113% | $17K | $272K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4540 | −0.279% | $14K | $606K | 50x | as long as short |
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
edgeX GRAMUSDC
ApeX Omni GRAMUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4580 | −0.005% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4608 | +0.187% | $7K | $597K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4621 | +0.276% | $341K | $621K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4580 | −0.005% | $1.6M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4575 | −0.036% | $2K | $19 | 5x | as long as short |
| Extended GRAM-USDlong | +0.0104% | 1h | 1.4581 | long leg | $170K | $123K | 5x | |
| Hyperliquid GRAM | +0.0223% | 1h | 1.4599 | +0.125% | $36.0M | $7.4M | 5x | as long as short |
| Backpack GRAM_USDC_PERPshort | +0.0431% | 1h | 1.4592 | +0.077% | $54K | $20K | 10x | |
| Aster GRAMUSDT | +0.0481% | 4h | 1.4586 | +0.035% | $977K | $126K | 50x | as long as short |
| Lighter GRAM | +0.0728% | 1h | 1.4613 | +0.220% | $2.6M | $2.4M | 20x | as long as short |
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Aster GRAMUSDT
Lighter GRAM