Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: MEXC against ApeX Omni+0.140%96s7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as 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−$550.553% of the position

Long on ApeX Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 4 days (all we have)−0.213%−$21 · spread now +0.140%, 7d avg −0.013%

Together, before fees−0.278%−$28 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: MEXC is 0.153% dearer against ApeX Omni than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.013%. The two prices were read 96 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	1.4310	0.0100	pay 0.0013% / 1h	13m 58s	$14K	$615K	50x
Short	MEXC GRAM_USDT	1.4330	0.0100	get 0.0050% / 4h	3h 13m	$16.0M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.140%Rate

Funding earned: $0
Price spread: +0.140% → −0.013%: $15.25
Slippage, 4 orders: −$41.31
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$40.06
Costs to cover: 0.553%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 19 min ago; MEXC: live order book, 5 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, 19 min ago	14.02 bp	21.8 bp −$22	117.8 bp −$1,178	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	3.49 bp	5.5 bp −$5	11.9 bp −$119	65.0 bp −$6,504	191.3 bp −$95.6K

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	+1.258%	$4K	$143K	12x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4339	+0.200%	$20.2M	$27.0M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4339	+0.203%	$30.3M	$13.1M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4330	+0.140%	$8.6M	$8.0M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4339	+0.203%	$3.6M	$3.5M	75x	as long as short
MEXC GRAM_USDTshort	+0.0100%	4h	1.4330	+0.140%	$16.0M	$2.8M	20x
KuCoin GRAMUSDTM	+0.0100%	4h	1.4344	+0.238%	$8.8M	$9.7M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4336	+0.182%	$7.0M	$4.0M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4314	+0.030%	$16K	$276K	10x	as long as short
ApeX Omni GRAMUSDTlong	+0.0100%	1h	1.4310	long leg	$14K	$615K	50x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4340	+0.210%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4347	+0.259%	$7K	$548K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4350	+0.280%	$304K	$616K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4330	+0.140%	$1.6M	$1.7M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4327	+0.119%	$2K	$31	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4335	+0.174%	$129K	$159K	5x	as long as short
Hyperliquid GRAM	+0.0115%	1h	1.4348	+0.266%	$35.2M	$7.6M	5x	as long as short
Lighter GRAM	+0.0200%	1h	1.4352	+0.297%	$2.3M	$2.9M	20x	as long as short
Backpack GRAM_USDC_PERP	+0.0217%	1h	1.4347	+0.259%	$53K	$14K	10x	as long as short
Aster GRAMUSDT	+0.0301%	4h	1.4361	+0.354%	$967K	$124K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4340	+0.210%	$1.4M	$243K	50x	as long as short