Funding you earn now, next payment 09:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.117%
Price spread now: OKX against Lighter−0.153%7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$410.408% of the position
Funding, last 7 days−0.405%−$41 on $10k
+Price spread, last 7 days+0.141%+$14 · spread now −0.153%, 7d avg −0.157%
=Together, before fees−0.264%+ Points / potential airdropLighter: Season 3 · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.157%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter GRAM | 1.4292 | 0.0152 | pay 0.0019% / 1h | 40m 54s | $2.3M | $2.8M | 20x |
| Short | OKX GRAM-USDT-SWAP | 1.4270 | 0.0100 | get 0.0050% / 4h | 3h 40m | $8.5M | $7.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Lighter. 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
- −$10.92
- Price spread: −0.153% → −0.157%
- $0.45
- Slippage, 4 orders
- −$30.84
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$51.31
- Costs to cover
- 0.408%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; OKX: 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 Lighter live order book, 6 min ago | 2.34 bp | 7.6 bp −$8 | 32.8 bp −$328 | 260.4 bp −$26.0K | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.51 bp | 15.4 bp −$15 | 38.7 bp −$387 | 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 | +1.387% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4270 | −0.152% | $20.1M | $27.2M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4278 | −0.097% | $30.2M | $13.3M | 50x | as long as short |
| OKX GRAM-USDT-SWAPshort | +0.0100% | 4h | 1.4270 | −0.153% | $8.5M | $7.9M | 50x | |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4276 | −0.111% | $3.6M | $3.4M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4270 | −0.153% | $16.0M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4276 | −0.111% | $8.8M | $9.9M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4273 | −0.132% | $7.0M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4297 | +0.039% | $16K | $277K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4300 | +0.057% | $14K | $614K | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4280 | −0.083% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4286 | −0.041% | $7K | $552K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4301 | +0.064% | $303K | $633K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4270 | −0.153% | $1.5M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4274 | −0.124% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4272 | −0.136% | $166K | $122K | 5x | as long as short |
| Lighter GRAMlong | +0.0152% | 1h | 1.4292 | long leg | $2.3M | $2.8M | 20x | |
| Hyperliquid GRAM | +0.0155% | 1h | 1.4286 | −0.041% | $35.1M | $7.7M | 5x | as long as short |
| Aster GRAMUSDT | +0.0295% | 4h | 1.4302 | +0.074% | $965K | $120K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4250 | −0.292% | $1.4M | $242K | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0377% | 1h | 1.4287 | −0.034% | $53K | $14K | 10x | as long as short |
Lighter GRAM
OKX GRAM-USDT-SWAP
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Hyperliquid GRAM
Aster GRAMUSDT
BloFin GRAM-USDT
Backpack GRAM_USDC_PERP