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: MEXC against Phemex+0.069%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1441.444% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)−0.161%−$16 · spread now +0.069%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.083% dearer against Phemex than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex GRAMUSDT | 1.4430 | 0.0100 | pay 0.0050% / 4h | 2h 01m | $1.6M | $1.8M | 20x |
| Short | MEXC GRAM_USDT | 1.4440 | 0.0100 | get 0.0050% / 4h | 2h 01m | $16.4M | $2.7M | 20x |
Phemex GRAMUSDT
MEXC GRAM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.069% → −0.013%
- $8.26
- Slippage, 4 orders
- −$128.41
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$136.15
- Costs to cover
- 1.444%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 1 min ago; MEXC: 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 Phemex live order book, 1 min ago | 3.46 bp | 67.2 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 3.46 bp | 5.5 bp −$5 | 13.0 bp −$130 | 65.3 bp −$6,535 | 267.2 bp −$133.6K |
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 | +0.416% | $4K | $143K | 12x | as long as short |
| Lighter GRAM | +0.0096% | 1h | 1.4450 | +0.141% | $2.3M | $2.9M | 20x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4444 | +0.094% | $20.4M | $27.5M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4437 | +0.049% | $30.5M | $13.6M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4430 | 0.000% | $8.6M | $8.1M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4444 | +0.097% | $3.6M | $3.5M | 75x | as long as short |
| MEXC GRAM_USDTshort | +0.0100% | 4h | 1.4440 | +0.069% | $16.4M | $2.7M | 20x | |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4443 | +0.090% | $9.0M | $10.2M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4446 | +0.111% | $7.1M | $4.0M | 50x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4433 | +0.021% | $17K | $275K | 10x | as long as short |
Injective GRAM/USDC PERP
Lighter GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
edgeX GRAMUSDCShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4450 | +0.139% | $14K | $615K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4440 | +0.069% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4457 | +0.187% | $7K | $560K | 10x | as long as short |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4459 | +0.201% | $332K | $584K | 30x | as long as short |
| Phemex GRAMUSDTlong | +0.0100% | 4h | 1.4430 | long leg | $1.6M | $1.8M | 20x | |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4433 | +0.020% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4437 | +0.045% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0200% | 4h | 1.4454 | +0.167% | $969K | $118K | 50x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4420 | −0.069% | $1.4M | $242K | 50x | as long as short |
| Hyperliquid GRAM | +0.0413% | 1h | 1.4459 | +0.201% | $35.6M | $7.6M | 5x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0441% | 1h | 1.4447 | +0.118% | $53K | $16K | 10x | 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
Aster GRAMUSDT
BloFin GRAM-USDT
Hyperliquid GRAM
Backpack GRAM_USDC_PERP