Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against MEXC0.000%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1451.454% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now 0.000%, 7d avg +0.011%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GRAM_USDT | 1.4250 | 0.0100 | pay 0.0050% / 4h | 1h 48m | $15.4M | $2.5M | 20x |
| Short | Phemex GRAMUSDT | 1.4250 | 0.0100 | get 0.0050% / 4h | 1h 48m | $1.6M | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: 0.000% → +0.011%
- −$1.09
- Slippage, 4 orders
- −$129.42
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$146.51
- Costs to cover
- 1.454%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Phemex: 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 | 3.51 bp | 5.5 bp −$6 | 8.2 bp −$82 | 61.2 bp −$6,119 | 250.7 bp −$125.4K |
| Sell Phemex live order book, 2 min ago | 7.01 bp | 65.3 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
GRAM on 21 exchanges
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 | +1.684% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4256 | +0.039% | $20.1M | $24.9M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4256 | +0.042% | $30.2M | $12.2M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4260 | +0.070% | $8.5M | $7.4M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4262 | +0.084% | $3.6M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDTlong | +0.0100% | 4h | 1.4250 | long leg | $15.4M | $2.5M | 20x | |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4262 | +0.084% | $8.9M | $8.6M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4256 | +0.042% | $6.9M | $3.7M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4264 | +0.098% | $52K | $14K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4246 | −0.029% | $17K | $274K | 10x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4250 | 0.000% | $14K | $622K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4260 | +0.070% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4276 | +0.182% | $6K | $484K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4295 | +0.316% | $293K | $547K | 30x | as long as short |
| Phemex GRAMUSDTshort | +0.0100% | 4h | 1.4250 | 0.000% | $1.6M | $1.6M | 20x | |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4251 | +0.005% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4250 | −0.001% | $128K | $157K | 5x | as long as short |
| Lighter GRAM | +0.0144% | 1h | 1.4275 | +0.173% | $2.2M | $2.6M | 20x | as long as short |
| Hyperliquid GRAM | +0.0150% | 1h | 1.4269 | +0.133% | $34.9M | $7.0M | 5x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4270 | +0.140% | $1.4M | $223K | 50x | as long as short |
| Aster GRAMUSDT | +0.0458% | 4h | 1.4291 | +0.286% | $963K | $118K | 50x | as long as short |
MEXC GRAM_USDT
Phemex GRAMUSDT
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
HTX GRAM-USDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Lighter GRAM
Hyperliquid GRAM
BloFin GRAM-USDT
Aster GRAMUSDT