GRAM 永续合约资金费率 — 各交易所对比
Gram
GRAM 资金费本周的实际结算收益
按过去 7 天实际结算的资金费排序（$10,000 仓位，已扣除开平仓成本），而不是瞬时年化。
$10,000 做 GRAM：做多 KuCoin / 做空 Phemex → 扣除成本后一周 +$28.73（实际结算年化 29.8%）。
- 做多 KuCoin做空 Phemex+$28.73每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +29.8%
- 稳定
- 67%
回本 3 天 - 做多 KuCoin做空 Lighter+$14.01每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +20.7%
- 稳定
- 56%
回本 2 天 - 做多 KuCoin做空 Aster+$9.05每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +26.4%
- 稳定
- 48%
回本 3 天
过去 7 天的实际数据，不是预测。成本 = 两家交易所开平仓的吃单手续费。 即将结算的资金费 →
Funding Rates by Exchange
+21.70%
Interval
4h
Open Interest
—
Mark Price
$1.096
+10.96%
Interval
4h
Open Interest
$162K
Mark Price
$1.1005
+10.96%
Interval
4h
Open Interest
$2K
Mark Price
$1.098
+10.96%
Interval
1h
Open Interest
$11K
Mark Price
$1.099
+10.96%
Interval
1h
Open Interest
$13K
Mark Price
$1.0965
+10.96%
Interval
1h
Open Interest
$210K
Mark Price
$1.099
+10.96%
Interval
4h
Open Interest
$1.7M
Mark Price
$1.099
-2.85%
Interval
4h
Open Interest
$4.6M
Mark Price
$1.103
-4.29%
Interval
1h
Open Interest
$55K
Mark Price
$1.0983
-6.14%
Interval
4h
Open Interest
$13.9M
Mark Price
$1.1044
-19.29%
Interval
1h
Open Interest
$1.2M
Mark Price
$1.0995
-21.97%
Interval
4h
Open Interest
$1.2M
Mark Price
$1.099
-27.57%
Interval
4h
Open Interest
$23.6M
Mark Price
$1.101
-28.17%
Interval
4h
Open Interest
—
Mark Price
$1.099
-28.33%
Interval
4h
Open Interest
—
Mark Price
$1.098
-29.81%
Interval
4h
Open Interest
$12K
Mark Price
$1.0967
-30.68%
Interval
4h
Open Interest
$5.3M
Mark Price
$1.1015
-30.68%
Interval
1h
Open Interest
$233K
Mark Price
$1.0989
-30.88%
Interval
4h
Open Interest
$16.1M
Mark Price
$1.1034
-30.88%
Interval
4h
Open Interest
—
Mark Price
$1.101
-31.34%
Interval
4h
Open Interest
$3.8M
Mark Price
$1.099
-31.38%
Interval
4h
Open Interest
$6.8M
Mark Price
$1.103
-31.88%
Interval
4h
Open Interest
$252K
Mark Price
$1.0986
-34.61%
Interval
4h
Open Interest
$8.3M
Mark Price
$1.099
-54.37%
Interval
8h
Open Interest
$0K
Mark Price
$1.0989
-54.56%
Interval
1h
Open Interest
$15.1M
Mark Price
$1.1022
-54.56%
Interval
1h
Open Interest
$15.1M
Mark Price
$1.1022
-54.56%
Interval
1h
Open Interest
$15.1M
Mark Price
$1.1022
-54.56%
Interval
1h
Open Interest
$15.1M
Mark Price
$1.1022
-54.56%
Interval
1h
Open Interest
$15.1M
Mark Price
$1.1022
-55.89%
Interval
4h
Open Interest
$2.1M
Mark Price
$1.0998
-103.07%
Interval
1h
Open Interest
$60K
Mark Price
$1.0976
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
 WEEXBest Short | +21.70% | 4h | — | $1.096 |
 HTX | +10.96% | 4h | $162K | $1.1005 |
 WOOFi Pro | +10.96% | 4h | $2K | $1.098 |
 ApeX | +10.96% | 1h | $11K | $1.099 |
 TxFlow | +10.96% | 1h | $13K | $1.0965 |
 PopDEX | +10.96% | 1h | $210K | $1.099 |
 Phemex | +10.96% | 4h | $1.7M | $1.099 |
 Bitget | -2.85% | 4h | $4.6M | $1.103 |
 Crypto.com | -4.29% | 1h | $55K | $1.0983 |
 Gate.io | -6.14% | 4h | $13.9M | $1.1044 |
 Lighter | -19.29% | 1h | $1.2M | $1.0995 |
 BloFin | -21.97% | 4h | $1.2M | $1.099 |
 Bybit | -27.57% | 4h | $23.6M | $1.101 |
 Bitunix | -28.17% | 4h | — | $1.099 |
 Hotcoin | -28.33% | 4h | — | $1.098 |
 edgeX V2 | -29.81% | 4h | $12K | $1.0967 |
 KuCoin | -30.68% | 4h | $5.3M | $1.1015 |
 Extended | -30.68% | 1h | $233K | $1.0989 |
 Binance Futures | -30.88% | 4h | $16.1M | $1.1034 |
 LBank | -30.88% | 4h | — | $1.101 |
 MEXC | -31.34% | 4h | $3.8M | $1.099 |
 Toobit | -31.38% | 4h | $6.8M | $1.103 |
 Pionex | -31.88% | 4h | $252K | $1.0986 |
 OKX | -34.61% | 4h | $8.3M | $1.099 |
 Paradex | -54.37% | 8h | $0K | $1.0989 |
 Hyperliquid | -54.56% | 1h | $15.1M | $1.1022 |
 dreamcash | -54.56% | 1h | $15.1M | $1.1022 |
 Ventuals | -54.56% | 1h | $15.1M | $1.1022 |
 Kinetiq | -54.56% | 1h | $15.1M | $1.1022 |
 Entropy | -54.56% | 1h | $15.1M | $1.1022 |
 Aster | -55.89% | 4h | $2.1M | $1.0998 |
 BackpackBest Long | -103.07% | 1h | $60K | $1.0976 |
GRAM 资金费率的含义
资金费率数据更新于 2026-11-14 10:44 UTC
ORBIT 按交易所实时汇总 GRAM（Gram） 永续合约在 32 家交易所的资金费率。资金费率是多头与空头之间的周期性支付，用来把永续合约价格锚定在现货附近：费率为正时多头向空头支付，为负时空头向多头支付。目前 GRAM 的年化资金费率从 Backpack 的 -103.07% 到 WEEX 的 +21.70% 不等。
GRAM 当前最大的跨所资金费率价差为年化 124.8%。德尔塔中性的跨所套利正是赚取这一差额：在费率最低的 Backpack 做多，在费率最高的 WEEX 做空。两条腿等额反向，价格波动相互抵消，留下的就是费率差。ORBIT 回测器回放两条腿真实的资金费率历史，并按实时订单簿扣除吃单手续费和滑点，得到的是净收益，而不是宣传数字。
GRAM 在所跟踪的永续品种中持仓量排名第 63，各交易所合计持仓量 $165.1M，24 小时成交量 $158.8M，成交量加权标记价格 $1.102。流动性越深，就能以越低的滑点在更大仓位上交易这一价差——在筛选器中使用「最低持仓量」过滤，只保留能实际进出的市场。
Frequently asked questions
- 目前哪家交易所的 GRAM 资金费率最高？
- WEEX，年化 +21.70%。较高的正费率意味着空头收取资金费用，因此它是跨所套利中做空的一方。费率每个结算周期都会变化，当前数值请以实时筛选器为准。
- 为赚取资金费率，GRAM 应在哪家交易所做多？
- Backpack 的 GRAM 资金费率最低，为年化 -103.07%，在那里做多成本最低（甚至可收取费用）。与费率最高的交易所配对，即构成德尔塔中性的价差组合。
- GRAM 最佳的资金费率套利组合是什么？
- 价差最大的组合是 Backpack 做多 / WEEX 做空，扣除成本前约为年化 124.8%。确定仓位规模前，请先在 ORBIT 回测器中验证，它会扣除真实的手续费和滑点。
- GRAM 的资金费用多久结算一次？
- 各交易所资金间隔不同（1 小时、4 小时、8 小时）。在年化费率相同的情况下，间隔越长，单次支付越少但金额越大。ORBIT 把所有交易所统一换算为年化费率，便于直接比较。
- GRAM 的资金费率目前是正还是负？
- 各交易所正负不一，年化从 -103.07% 到 +21.70%——正是这种分歧创造了跨所套利机会。