Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: edgeX against Phemex+0.037%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1831.829% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)−0.127%−$13 · spread now +0.037%, 7d avg −0.027%
=Together, before fees−0.194%+ Points / potential airdropedgeX: Active · farm board−$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.064% dearer against Phemex than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex GRAMUSDT | 1.4330 | 0.0100 | pay 0.0050% / 4h | 1h 00m | $1.5M | $1.7M | 20x |
| Short | edgeX GRAMUSDC | 1.4335 | 0.0100 | get 0.0050% / 4h | 1h 00m | $16K | $276K | 10x |
Phemex GRAMUSDT
edgeX GRAMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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: +0.037% → −0.027%
- $6.36
- Slippage, 4 orders
- −$161.95
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$176.59
- Costs to cover
- 1.829%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; edgeX: live order book, 42 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 Phemex live order book, 3 min ago | 3.49 bp | 69.5 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 42 min ago | 20.89 bp | 25.4 bp −$25 | 48.2 bp −$482 | 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 | +1.117% | $4K | $143K | 12x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4331 | +0.006% | $20.3M | $27.3M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4327 | −0.021% | $30.3M | $13.5M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4330 | 0.000% | $8.6M | $8.1M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4335 | +0.035% | $3.6M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4330 | 0.000% | $16.3M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4331 | +0.007% | $8.9M | $10.2M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4331 | +0.007% | $7.0M | $4.0M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4340 | +0.070% | $53K | $16K | 10x | as long as short |
| edgeX GRAMUSDCshort | +0.0100% | 4h | 1.4335 | +0.037% | $16K | $276K | 10x |
Injective GRAM/USDC PERP
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4360 | +0.209% | $14K | $620K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4330 | 0.000% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4356 | +0.181% | $7K | $558K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4348 | +0.126% | $323K | $601K | 30x | as long as short |
| Phemex GRAMUSDTlong | +0.0100% | 4h | 1.4330 | long leg | $1.5M | $1.7M | 20x | |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4333 | +0.023% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4328 | −0.011% | $168K | $122K | 5x | as long as short |
| Lighter GRAM | +0.0112% | 1h | 1.4349 | +0.131% | $2.3M | $2.9M | 20x | as long as short |
| Aster GRAMUSDT | +0.0174% | 4h | 1.4357 | +0.191% | $963K | $118K | 50x | as long as short |
| Hyperliquid GRAM | +0.0187% | 1h | 1.4345 | +0.105% | $35.3M | $7.6M | 5x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4330 | 0.000% | $1.4M | $241K | 50x | as long as short |
ApeX Omni GRAMUSDT
Orderly PERP_GRAM_USDC_mythos
SunX GRAM-USDT
HTX GRAM-USDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Lighter GRAM
Aster GRAMUSDT
Hyperliquid GRAM
BloFin GRAM-USDT