Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Gate−0.028%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1731.728% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 3 days (all we have)+0.086%+$9 · spread now −0.028%, 7d avg −0.030%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GRAM_USDT | 1.4484 | 0.0100 | pay 0.0050% / 4h | 26m 16s | $3.7M | $3.2M | 75x |
| Short | Phemex GRAMUSDT | 1.4480 | 0.0100 | get 0.0050% / 4h | 26m 16s | $1.6M | $1.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.028% → −0.030%
- $0.28
- Slippage, 4 orders
- −$145.83
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$172.55
- Costs to cover
- 1.728%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Phemex: live order book, 2 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, 2 min ago | 6.21 bp | 15.9 bp −$16 | 39.3 bp −$393 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 10.34 bp | 73.4 bp −$73 | 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 | +0.041% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4480 | −0.027% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4495 | +0.078% | $35.6M | $7.0M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4475 | −0.062% | $20.4M | $27.0M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4475 | −0.062% | $30.7M | $14.0M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4470 | −0.097% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDTlong | +0.0100% | 4h | 1.4484 | long leg | $3.7M | $3.2M | 75x | |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4480 | −0.028% | $15.4M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4481 | −0.021% | $8.9M | $10.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4478 | −0.041% | $7.1M | $3.9M | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4498 | +0.097% | $43K | $15K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4496 | +0.083% | $17K | $270K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4510 | +0.180% | $14K | $596K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4480 | −0.028% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4517 | +0.228% | $6K | $591K | 10x | as long as short |
| Phemex GRAMUSDTshort | +0.0100% | 4h | 1.4480 | −0.028% | $1.6M | $1.7M | 20x | |
| Extended GRAM-USD | +0.0104% | 1h | 1.4473 | −0.079% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0153% | 4h | 1.4510 | +0.181% | $966K | $104K | 50x | as long as short |
| HTX GRAM-USDT | +0.0291% | 4h | 1.4525 | +0.283% | $336K | $631K | 30x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4490 | +0.041% | $1.4M | $215K | 50x | as long as short |
| Lighter GRAM | +0.0864% | 1h | 1.4519 | +0.242% | $2.7M | $2.3M | 20x | as long as short |
Gate GRAM_USDT
Phemex GRAMUSDT
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
Extended GRAM-USD
Aster GRAMUSDT
HTX GRAM-USDT
BloFin GRAM-USDT
Lighter GRAM