Funding you earn now, next payment 22:00 UTC+0.0676%/8h= +74.0% APRpaid last 24h +0.095%
Price spread now: Lighter against Gate+0.208%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days+0.446%+$45 on $10k
+Price spread, last 7 days−0.237%−$24 · spread now +0.208%, 7d avg +0.076%
=Together, before fees+0.209%+ Points / potential airdropLighter: Season 3 · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Lighter is 0.132% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.076%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.446% in total (about 23.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GRAM_USDT | 1.4512 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $3.7M | $3.3M | 75x |
| Short | Lighter GRAM | 1.4542 | 0.0776 | get 0.0097% / 1h | 10m 09s | $2.7M | $2.5M | 20x |
Gate GRAM_USDT
Lighter GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $141.96
- Price spread: +0.208% → +0.076%
- $13.25
- Slippage, 4 orders
- −$32.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $108.09
- Costs to cover
- 0.471%
- Break-even
- 1.7 days
Slippage from Gate: live order book, 3 min ago; Lighter: live order book, 7 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 Gate live order book, 3 min ago | 4.82 bp | 17.7 bp −$18 | 95.4 bp −$954 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 0.89 bp | 5.6 bp −$6 | 17.9 bp −$179 | 174.0 bp −$17.4K | 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 | 1.4507 | −0.035% | $2K | $30 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4502 | −0.071% | $20.5M | $26.7M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4510 | −0.014% | $30.7M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4510 | −0.014% | $8.7M | $8.5M | 50x | as long as short |
| Gate GRAM_USDTlong | +0.0100% | 4h | 1.4512 | long leg | $3.7M | $3.3M | 75x | |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4500 | −0.083% | $15.4M | $2.8M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4509 | −0.021% | $8.6M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4510 | −0.014% | $7.2M | $3.9M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4517 | +0.034% | $45K | $13K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4539 | +0.183% | $17K | $271K | 10x | as long as short |
Paradex GRAM-USD-PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
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 | 1.4560 | +0.331% | $14K | $593K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4520 | +0.055% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4526 | +0.096% | $7K | $590K | 10x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4500 | −0.083% | $1.6M | $1.7M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4508 | −0.025% | $170K | $123K | 5x | as long as short |
| Injective GRAM/USDC PERP | +0.0132% | 1h | 1.4490 | −0.152% | $4K | $143K | 12x | as long as short |
| Hyperliquid GRAM | +0.0152% | 1h | 1.4530 | +0.124% | $35.8M | $6.9M | 5x | as long as short |
| Aster GRAMUSDT | +0.0248% | 4h | 1.4535 | +0.159% | $967K | $102K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4520 | +0.055% | $1.4M | $210K | 50x | as long as short |
| Lighter GRAMshort | +0.0776% | 1h | 1.4542 | +0.208% | $2.7M | $2.5M | 20x | |
| HTX GRAM-USDT | +0.0990% | 4h | 1.4583 | +0.489% | $338K | $629K | 30x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Injective GRAM/USDC PERP
Hyperliquid GRAM
Aster GRAMUSDT
BloFin GRAM-USDT
HTX GRAM-USDT