Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.042%
Price spread now: OKX against Injective−0.828%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1031.031% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)+1.191%+$119 · spread now −0.828%, 7d avg −0.039%
=Funding pays, the price is against you. OKX is 0.789% cheaper against Injective than usual: you would sell low and buy high (spread −0.828% now, against its 7-day average of −0.039%). If the spread goes back, that is −$79 on $10k: about 39 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 | 22m 49s | $4K | $143K | 12x |
| Short | OKX GRAM-USDT-SWAP | 1.4370 | 0.0100 | get 0.0050% / 4h | 3h 22m | $8.6M | $8.1M | 50x |
Injective GRAM/USDC PERP
OKX GRAM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Injective. 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
- $14
- Price spread: −0.828% → −0.039%
- −$78.88
- Slippage, 4 orders
- −$93.05
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$167.95
- Costs to cover
- 1.031%
- Break-even
- 91.0 days
Slippage from Injective: live order book, 11 min ago; OKX: live order book, 5 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 OKX live order book, 5 min ago | 3.48 bp | 15.4 bp −$15 | 33.7 bp −$337 | 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 | 1.4362 | −0.883% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4367 | −0.850% | $20.3M | $27.8M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4360 | −0.897% | $30.4M | $13.7M | 50x | as long as short |
| OKX GRAM-USDT-SWAPshort | +0.0100% | 4h | 1.4370 | −0.828% | $8.6M | $8.1M | 50x | |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4368 | −0.842% | $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 | 1.4368 | −0.842% | $9.1M | $10.1M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4360 | −0.897% | $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 |
Paradex GRAM-USD-PERP
Binance GRAMUSDT
Bybit GRAMUSDT
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 | 1.4370 | −0.828% | $14K | $614K | 50x | as long as short |
| 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 | 1.4371 | −0.820% | $168K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0124% | 4h | 1.4387 | −0.713% | $964K | $125K | 50x | as long as short |
| Lighter GRAM | +0.0240% | 1h | 1.4377 | −0.781% | $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 | +0.0933% | 1h | 1.4381 | −0.752% | $35.4M | $7.5M | 5x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Aster GRAMUSDT
Lighter GRAM
Backpack GRAM_USDC_PERP
BloFin GRAM-USDT
Hyperliquid GRAM