GRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.043%

Price spread now: ApeX Omni against Injective−0.828%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$205as in the Price arb table

costs, in and out, $10k−$1221.222% of the position

Long on Injective Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.187%+$19 on $10k

Price spread, last 4 days (all we have)+1.239%+$124 · spread now −0.828%, 7d avg +0.003%

Together, before fees+1.426%+$143 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.832% cheaper against Injective than usual: you would sell low and buy high (spread −0.828% now, against its 7-day average of +0.003%). If the spread goes back, that is −$83 on $10k: about 42 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective GRAM/USDC PERP	1.4490	0.0033	pay 0.0004% / 1h	23m 06s	$4K	$143K	12x
Short	ApeX Omni GRAMUSDT	1.4370	0.0100	get 0.0013% / 1h	23m 06s	$14K	$614K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee ApeX OmnibpOrdersPrice spread, now −0.828%Rate

Funding earned: $14
Price spread: −0.828% → +0.003%: −$83.15
Slippage, 4 orders: −$112.19
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$191.36
Costs to cover: 1.222%
Break-even: 102.7 days

Slippage from Injective: live order book, 11 min ago; ApeX Omni: live order book, 30 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 Injective live order book, 11 min ago	27.82 bp	47.8 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 30 min ago	13.91 bp	22.1 bp −$22	111.9 bp −$1,119	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 PERPlong	+0.0033%	1h	1.4490	long leg	$4K	$143K	12x
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4379	−0.765%	$2K	$19	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4376	−0.790%	$20.3M	$27.8M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4363	−0.876%	$30.4M	$13.7M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4370	−0.828%	$8.6M	$8.2M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4373	−0.807%	$3.6M	$3.4M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4360	−0.897%	$16.1M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4375	−0.794%	$9.1M	$10.1M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4370	−0.828%	$7.1M	$4.0M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4344	−1.011%	$17K	$274K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni GRAMUSDTshort	+0.0100%	1h	1.4370	−0.828%	$14K	$614K	50x
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4370	−0.828%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4396	−0.649%	$7K	$564K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4379	−0.766%	$327K	$581K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4370	−0.828%	$1.5M	$1.8M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4367	−0.849%	$168K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0123%	4h	1.4394	−0.659%	$965K	$125K	50x	as long as short
Lighter GRAM	+0.0248%	1h	1.4386	−0.715%	$2.3M	$2.9M	20x	as long as short
Backpack GRAM_USDC_PERP	+0.0273%	1h	1.4379	−0.766%	$53K	$16K	10x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4360	−0.897%	$1.4M	$233K	50x	as long as short
Hyperliquid GRAM	+0.0935%	1h	1.4387	−0.711%	$35.4M	$7.5M	5x	as long as short