Membrane potential is created by a difference in electrical charge across the selectively permeable cell membrane, representing potential energy. This results from ion concentration gradients of sodium, potassium, chloride, and other ions between the extracellular fluid and intracellular fluid. At rest, the membrane potential is around -70mV due to higher potassium and chloride concentrations inside the cell and higher sodium concentration outside. The sodium-potassium pump maintains these gradients by actively transporting ions against their gradients. Graded potentials result from stimuli that do not exceed the threshold, while exceeding the threshold triggers an all-or-none action potential via voltage-gated sodium and potassium channels.