Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.004%
Price spread now: Phemex against Extended+0.060%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1591.587% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.060%, 7d avg +0.021%
=Together, before fees+0.158%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.039% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended GRAM-USD | 1.4341 | 0.0104 | pay 0.0013% / 1h | 30m 29s | $168K | $123K | 5x |
| Short | Phemex GRAMUSDT | 1.4350 | 0.0100 | get 0.0050% / 4h | 2h 30m | $1.5M | $1.8M | 20x |
Extended GRAM-USD
Phemex GRAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$0.84
- Price spread: +0.060% → +0.021%
- $3.89
- Slippage, 4 orders
- −$141.74
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$155.69
- Costs to cover
- 1.587%
- Break-even
- never at this rate
Slippage from Extended: live order book, 15 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 Extended live order book, 15 min ago | 5.22 bp | 17.3 bp −$17 | 81.2 bp −$812 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 6.96 bp | 64.3 bp −$64 | 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 | +1.037% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4365 | +0.168% | $2.3M | $2.9M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4350 | +0.063% | $20.3M | $27.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4342 | +0.005% | $30.3M | $13.6M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4340 | −0.009% | $8.6M | $8.1M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4353 | +0.081% | $3.5M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4350 | +0.060% | $16.5M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4348 | +0.046% | $9.2M | $10.2M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4353 | +0.081% | $7.1M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4334 | −0.050% | $17K | $276K | 10x | as long as short |
Injective GRAM/USDC PERP
Lighter GRAM
Binance GRAMUSDT
Bybit 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 | +0.060% | $14K | $617K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4350 | +0.060% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4367 | +0.179% | $6K | $560K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4382 | +0.284% | $330K | $584K | 30x | as long as short |
| Phemex GRAMUSDTshort | +0.0100% | 4h | 1.4350 | +0.060% | $1.5M | $1.8M | 20x | |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4345 | +0.028% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USDlong | +0.0104% | 1h | 1.4341 | long leg | $168K | $123K | 5x | |
| Aster GRAMUSDT | +0.0216% | 4h | 1.4377 | +0.250% | $964K | $119K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4360 | +0.130% | $1.4M | $237K | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0438% | 1h | 1.4354 | +0.088% | $53K | $16K | 10x | as long as short |
| Hyperliquid GRAM | +0.0456% | 1h | 1.4366 | +0.172% | $35.4M | $7.6M | 5x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Paradex GRAM-USD-PERP
Aster GRAMUSDT
BloFin GRAM-USDT
Backpack GRAM_USDC_PERP
Hyperliquid GRAM