Funding you earn now, next payment 03:00 UTC+0.0700%/8h= +76.6% APRpaid last 24h +0.115%
Price spread now: Lighter against KuCoin+0.166%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$700.702% of the position
Funding, last 7 days+0.410%+$41 on $10k
+Price spread, last 7 days−0.207%−$21 · spread now +0.166%, 7d avg +0.068%
=Together, before fees+0.203%+ Points / potential airdropLighter: Season 3 · farm board+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Lighter is 0.098% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.068%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.410% in total (about 21.4% 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 | KuCoin GRAMUSDTM | 1.4480 | 0.0100 | pay 0.0050% / 4h | 1h 28m | $8.8M | $10.5M | 50x |
| Short | Lighter GRAM | 1.4504 | 0.0800 | get 0.0100% / 1h | 28m 13s | $2.6M | $2.4M | 20x |
KuCoin GRAMUSDTM
Lighter GRAMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- $147
- Price spread: +0.166% → +0.068%
- $9.82
- Slippage, 4 orders
- −$58.19
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $86.64
- Costs to cover
- 0.702%
- Break-even
- 2.9 days
Slippage from KuCoin: live order book, 10 min ago; Lighter: live order book, 4 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 KuCoin live order book, 10 min ago | 3.46 bp | 31.8 bp −$32 | 82.7 bp −$827 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 1.89 bp | 8.1 bp −$8 | 34.8 bp −$348 | 191.4 bp −$19.1K | 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 | +0.069% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4482 | +0.016% | $2K | $19 | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4476 | −0.026% | $20.7M | $28.1M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4470 | −0.069% | $30.7M | $13.8M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4470 | −0.069% | $8.7M | $8.6M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4485 | +0.035% | $3.7M | $3.3M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4480 | 0.000% | $15.3M | $2.6M | 20x | as long as short |
| KuCoin GRAMUSDTMlong | +0.0100% | 4h | 1.4480 | long leg | $8.8M | $10.5M | 50x | |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4484 | +0.028% | $7.2M | $4.1M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4489 | +0.062% | $53K | $16K | 10x | as long as short |
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
Bitget GRAMUSDT
Backpack GRAM_USDC_PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4487 | +0.047% | $17K | $274K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4490 | +0.069% | $14K | $608K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4480 | 0.000% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4510 | +0.207% | $6K | $597K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4529 | +0.338% | $339K | $620K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4470 | −0.069% | $1.5M | $1.8M | 20x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4475 | −0.034% | $169K | $123K | 5x | as long as short |
| Hyperliquid GRAM | +0.0320% | 1h | 1.4501 | +0.145% | $35.8M | $7.3M | 5x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4470 | −0.069% | $1.4M | $207K | 50x | as long as short |
| Aster GRAMUSDT | +0.0348% | 4h | 1.4504 | +0.166% | $972K | $126K | 50x | as long as short |
| Lighter GRAMshort | +0.0800% | 1h | 1.4504 | +0.166% | $2.6M | $2.4M | 20x |
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Extended GRAM-USD
Hyperliquid GRAM
BloFin GRAM-USDT
Aster GRAMUSDT