Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against ApeX Omni+0.276%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$790.791% of the position

Long on ApeX Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.124%−$12 on $10k

Price spread, last 3 days (all we have)−0.255%−$26 · spread now +0.276%, 7d avg +0.036%

Together, before fees−0.380%−$38 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: Gate is 0.240% dearer against ApeX Omni than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni GRAMUSDT	1.4500	0.0100	pay 0.0013% / 1h	18m 51s	$14K	$601K	50x
Short	Gate GRAM_USDT	1.4540	0.0100	get 0.0050% / 4h	3h 18m	$3.7M	$3.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.276%Rate

Funding earned: $0
Price spread: +0.276% → +0.036%: $24.02
Slippage, 4 orders: −$54.06
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$55.04
Costs to cover: 0.791%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 54 min ago; Gate: 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 ApeX Omni live order book, 54 min ago	13.83 bp	22.3 bp −$22	117.8 bp −$1,178	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	6.20 bp	15.9 bp −$16	47.2 bp −$472	doesn't fit	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
Injective GRAM/USDC PERP	+0.0033%	1h	1.4490	−0.069%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4560	+0.415%	$2K	$19	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4530	+0.207%	$20.5M	$27.0M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4538	+0.262%	$31.0M	$13.8M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4530	+0.207%	$8.6M	$8.5M	50x	as long as short
Gate GRAM_USDTshort	+0.0100%	4h	1.4540	+0.276%	$3.7M	$3.2M	75x
MEXC GRAM_USDT	+0.0100%	4h	1.4540	+0.276%	$15.5M	$2.6M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4546	+0.317%	$8.9M	$10.8M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4535	+0.241%	$7.2M	$3.9M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4508	+0.053%	$17K	$273K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni GRAMUSDTlong	+0.0100%	1h	1.4500	long leg	$14K	$601K	50x
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4550	+0.345%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4587	+0.600%	$7K	$590K	10x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4550	+0.345%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4541	+0.284%	$170K	$123K	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0138%	1h	1.4569	+0.476%	$54K	$20K	10x	as long as short
Hyperliquid GRAM	+0.0150%	1h	1.4576	+0.524%	$35.9M	$7.0M	5x	as long as short
HTX GRAM-USDT	+0.0155%	4h	1.4588	+0.607%	$341K	$620K	30x	as long as short
Aster GRAMUSDT	+0.0312%	4h	1.4580	+0.552%	$982K	$114K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4560	+0.414%	$1.4M	$205K	50x	as long as short
Lighter GRAM	+0.0384%	1h	1.4583	+0.569%	$2.6M	$2.4M	20x	as long as short