Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%

Price spread now: Binance against ApeX Omni−0.197%89s7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$670.666% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 3 days (all we have)+0.127%+$13 · spread now −0.197%, 7d avg +0.015%

Together, before fees+0.053%+$5 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: Binance is 0.212% cheaper against ApeX Omni than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.015%. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni GRAMUSDT	1.4530	0.0100	pay 0.0013% / 1h	44m 06s	$13K	$586K	50x
Short	Binance GRAMUSDT	1.4501	0.0100	get 0.0050% / 4h	2h 44m	$20.8M	$25.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee BinancebpOrdersPrice spread, now −0.197%Rate

Funding earned: $0
Price spread: −0.197% → +0.015%: −$21.16
Slippage, 4 orders: −$46.64
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$87.81
Costs to cover: 0.666%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 43 min ago; Binance: live order book, 12 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 ApeX Omni live order book, 43 min ago	13.69 bp	21.8 bp −$22	114.1 bp −$1,141	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	3.45 bp	8.4 bp −$8	20.5 bp −$205	183.4 bp −$18.3K	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
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4499	−0.210%	$2K	$30	5x	as long as short
Hyperliquid GRAM	+0.0100%	1h	1.4515	−0.103%	$35.8M	$6.9M	5x	as long as short
Binance GRAMUSDTshort	+0.0100%	4h	1.4501	−0.197%	$20.8M	$25.8M	50x
Bybit GRAMUSDT	+0.0100%	4h	1.4500	−0.206%	$30.5M	$13.8M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4500	−0.206%	$8.6M	$8.3M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4508	−0.151%	$3.7M	$3.2M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4510	−0.138%	$15.3M	$2.8M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4497	−0.227%	$8.7M	$10.9M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4508	−0.151%	$7.2M	$3.7M	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4509	−0.145%	$43K	$12K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX GRAMUSDC	+0.0100%	4h	1.4522	−0.056%	$17K	$271K	10x	as long as short
ApeX Omni GRAMUSDTlong	+0.0100%	1h	1.4530	long leg	$13K	$586K	50x
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4510	−0.138%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4526	−0.028%	$6K	$572K	10x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4500	−0.206%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4505	−0.174%	$150K	$103K	5x	as long as short
Injective GRAM/USDC PERP	+0.0132%	1h	1.4540	+0.069%	$4K	$121K	12x	as long as short
Aster GRAMUSDT	+0.0235%	4h	1.4523	−0.047%	$966K	$99K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4500	−0.206%	$1.4M	$210K	50x	as long as short
Lighter GRAM	+0.0736%	1h	1.4536	+0.040%	$2.7M	$2.5M	20x	as long as short
HTX GRAM-USDT	+0.1375%	4h	1.4587	+0.392%	$338K	$628K	30x	as long as short