Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against SunX−0.112%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1631.633% of the position
Funding, last 7 days+0.397%+$40 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.112%, 7d avg −0.161%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.049% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.161%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX GRAM-USDT | 1.4316 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $6K | $489K | 10x |
| Short | BloFin GRAM-USDT | 1.4300 | 0.0340 | get 0.0170% / 4h | 1h 56m | $1.4M | $224K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against SunX. 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: −0.112% → −0.161%
- $4.91
- Slippage, 4 orders
- −$143.28
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$107.97
- Costs to cover
- 1.633%
- Break-even
- 22.0 days
Slippage from SunX: live order book, 47 min ago; BloFin: live order book, 4 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 SunX live order book, 47 min ago | 32.90 bp | 51.2 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 7.00 bp | 26.8 bp −$27 | 32.9 bp −$329 | 259.4 bp −$25.9K | 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 | +1.215% | $4K | $143K | 12x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4287 | −0.203% | $35.0M | $7.1M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4279 | −0.259% | $20.2M | $25.1M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4281 | −0.244% | $30.3M | $12.2M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4280 | −0.251% | $8.5M | $7.4M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4282 | −0.237% | $3.6M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4280 | −0.251% | $15.8M | $2.5M | 20x | as long as short |
| KuCoin GRAMUSDTM | +0.0100% | 4h | 1.4283 | −0.231% | $8.8M | $8.6M | 50x | as long as short |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4281 | −0.244% | $6.9M | $3.7M | 50x | as long as short |
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4289 | −0.189% | $52K | $14K | 10x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4272 | −0.307% | $16K | $275K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4290 | −0.182% | $14K | $622K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4290 | −0.182% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDTlong | +0.0100% | 4h | 1.4316 | long leg | $6K | $489K | 10x | |
| HTX GRAM-USDT | +0.0100% | 4h | 1.4312 | −0.028% | $294K | $547K | 30x | as long as short |
| Phemex GRAMUSDT | +0.0100% | 4h | 1.4280 | −0.251% | $1.6M | $1.6M | 20x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4282 | −0.240% | $2K | $31 | 5x | as long as short |
| Extended GRAM-USD | +0.0104% | 1h | 1.4278 | −0.268% | $128K | $157K | 5x | as long as short |
| Lighter GRAM | +0.0304% | 1h | 1.4303 | −0.089% | $2.3M | $2.6M | 20x | as long as short |
| BloFin GRAM-USDTshort | +0.0340% | 4h | 1.4300 | −0.112% | $1.4M | $224K | 50x | |
| Aster GRAMUSDT | +0.0447% | 4h | 1.4303 | −0.090% | $964K | $118K | 50x | as long as short |
SunX GRAM-USDT
BloFin GRAM-USDT
Injective GRAM/USDC PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
KuCoin GRAMUSDTM
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
HTX GRAM-USDT
Phemex GRAMUSDT
Paradex GRAM-USD-PERP
Extended GRAM-USD
Lighter GRAM
Aster GRAMUSDT