Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.018%
Price spread now: Backpack against OKX+0.070%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.070% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GRAM-USDT-SWAP | 1.4350 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $8.6M | $8.1M | 50x |
| Short | Backpack GRAM_USDC_PERP | 1.4360 | 0.0100 | get 0.0013% / 1h | 33m 10s | $53K | $16K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against OKX. 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: +0.070% → 0.000%
- $6.97
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$13.03
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 5 min ago; Backpack: no order-book sample. Net counts fees only.
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 OKX live order book, 5 min ago | 3.48 bp | 15.9 bp −$16 | 33.8 bp −$338 | doesn't fit | doesn't fit |
| Sell Backpack no order-book sample | — | — | — | — | — |
Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | +0.976% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4367 | +0.117% | $2.3M | $2.9M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4353 | +0.019% | $20.3M | $27.3M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4344 | −0.042% | $30.4M | $13.5M | 50x | as long as short |
| OKX GRAM-USDT-SWAPlong | +0.0100% | 4h | 1.4350 | long leg | $8.6M | $8.1M | 50x | |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4353 | +0.021% | $3.6M | $3.4M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4340 | −0.070% | $16.3M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4352 | +0.014% | $9.0M | $10.2M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4352 | +0.014% | $7.0M | $4.0M | 50x | as long as short |
| Backpack GRAM_USDC_PERPshort | +0.0100% | 1h | 1.4360 | +0.070% | $53K | $16K | 10x |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4360 | +0.070% | $17K | $275K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4360 | +0.070% | $14K | $615K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4350 | 0.000% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4377 | +0.188% | $7K | $558K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4387 | +0.258% | $330K | $587K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4350 | 0.000% | $1.5M | $1.7M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4343 | −0.048% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4350 | +0.002% | $168K | $123K | 5x | as long as short |
| Hyperliquid GRAM | +0.0109% | 1h | 1.4365 | +0.105% | $35.4M | $7.6M | 5x | as long as short |
| Aster GRAMUSDT | +0.0149% | 4h | 1.4378 | +0.193% | $964K | $118K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4340 | −0.070% | $1.4M | $238K | 50x | as long as short |
OKX GRAM-USDT-SWAP
Backpack GRAM_USDC_PERP
Injective GRAM/USDC PERP
Lighter GRAM
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