Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%

Price spread now: KuCoin against ApeX Omni−0.084%7-day average +0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$900.900% of the position

Long on ApeX Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.084%, 7d avg +0.037%

Together, before fees+0.058%+$6 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: KuCoin is 0.120% cheaper against ApeX Omni than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni GRAMUSDT	1.4360	0.0100	pay 0.0013% / 1h	31m 01s	$14K	$614K	50x
Short	KuCoin GRAMUSDTM	1.4348	0.0100	get 0.0050% / 4h	1h 31m	$9.0M	$10.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.084%Rate

Funding earned: $0
Price spread: −0.084% → +0.037%: −$12.02
Slippage, 4 orders: −$68.01
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$102.04
Costs to cover: 0.900%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 12 min ago; KuCoin: live order book, 7 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, 12 min ago	13.92 bp	23.6 bp −$24	128.3 bp −$1,283	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	2.44 bp	20.3 bp −$20	49.6 bp −$496	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	+0.905%	$4K	$143K	12x	as long as short
Lighter GRAM	+0.0096%	1h	1.4362	+0.013%	$2.3M	$2.9M	20x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4351	−0.066%	$20.3M	$27.3M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4345	−0.104%	$30.4M	$13.5M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4340	−0.139%	$8.6M	$8.1M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4351	−0.063%	$3.6M	$3.5M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4350	−0.070%	$16.3M	$2.7M	20x	as long as short
KuCoin GRAMUSDTMshort	+0.0100%	4h	1.4348	−0.084%	$9.0M	$10.2M	50x
Bitget GRAMUSDT	+0.0100%	4h	1.4349	−0.077%	$7.0M	$4.0M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4341	−0.132%	$16K	$276K	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	1.4360	long leg	$14K	$614K	50x
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4350	−0.070%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4377	+0.118%	$7K	$558K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4372	+0.084%	$330K	$587K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4350	−0.070%	$1.5M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4341	−0.134%	$2K	$31	5x	as long as short
Hyperliquid GRAM	+0.0104%	1h	1.4358	−0.013%	$35.4M	$7.6M	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4347	−0.092%	$168K	$123K	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0107%	1h	1.4358	−0.014%	$53K	$16K	10x	as long as short
Aster GRAMUSDT	+0.0154%	4h	1.4379	+0.135%	$964K	$118K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4350	−0.070%	$1.4M	$239K	50x	as long as short