Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.076%
Price spread now: BloFin against MEXC−0.069%64s7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$450.450% of the position
Funding, last 7 days+0.464%+$46 on $10k
+Price spread, last 4 days (all we have)+0.264%+$26 · spread now −0.069%, 7d avg +0.006%
=Funding pays, the price is against you. BloFin is 0.075% cheaper against MEXC than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of +0.006%). If the spread goes back, that is −$7 on $10k: about 25 hours of funding at the current rate (+$7 a day). The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GRAM_USDT | 1.4400 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $16.5M | $2.6M | 20x |
| Short | BloFin GRAM-USDT | 1.4390 | 0.0340 | get 0.0170% / 4h | 2h 50m | $1.4M | $239K | 50x |
MEXC GRAM_USDT
BloFin GRAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $50.4
- Price spread: −0.069% → +0.006%
- −$7.5
- Slippage, 4 orders
- −$29.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$2.12
- Costs to cover
- 0.450%
- Break-even
- 7.3 days
Slippage from MEXC: live order book, 3 min ago; BloFin: 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 MEXC live order book, 3 min ago | 2.09 bp | 4.1 bp −$4 | 9.3 bp −$93 | 59.9 bp −$5,991 | 248.2 bp −$124.1K |
| Sell BloFin live order book, 2 min ago | 10.41 bp | 17.3 bp −$17 | 35.4 bp −$354 | 177.3 bp −$17.7K | 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 | +0.625% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4400 | 0.000% | $20.3M | $27.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4400 | 0.000% | $30.4M | $13.6M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4400 | 0.000% | $8.6M | $8.1M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4403 | +0.021% | $3.6M | $3.4M | 75x | as long as short |
| MEXC GRAM_USDTlong | +0.0100% | 4h | 1.4400 | long leg | $16.5M | $2.6M | 20x | |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4407 | +0.049% | $9.2M | $10.1M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4401 | +0.007% | $7.1M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4382 | −0.128% | $17K | $275K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4390 | −0.069% | $14K | $616K | 50x | as long as short |
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
edgeX GRAMUSDC
ApeX Omni GRAMUSDTShow 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 | 1.4400 | 0.000% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4436 | +0.250% | $7K | $561K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4427 | +0.188% | $331K | $584K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4400 | 0.000% | $1.6M | $1.8M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4402 | +0.015% | $2K | $19 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4398 | −0.016% | $168K | $123K | 5x | as long as short |
| Lighter GRAM | +0.0128% | 1h | 1.4415 | +0.106% | $2.3M | $2.9M | 20x | as long as short |
| Aster GRAMUSDT | +0.0222% | 4h | 1.4425 | +0.175% | $967K | $120K | 50x | as long as short |
| BloFin GRAM-USDTshort | +0.0340% | 4h | 1.4390 | −0.069% | $1.4M | $239K | 50x | |
| Hyperliquid GRAM | +0.0394% | 1h | 1.4412 | +0.083% | $35.5M | $7.5M | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0680% | 1h | 1.4406 | +0.042% | $53K | $16K | 10x | as long as short |
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Lighter GRAM
Aster GRAMUSDT
Hyperliquid GRAM
Backpack GRAM_USDC_PERP