Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%

Price spread now: OKX against ApeX Omni+0.139%7-day average −0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$760.756% of the position

Long on ApeX Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.043%−$4 on $10k

Price spread, last 4 days (all we have)−0.237%−$24 · spread now +0.139%, 7d avg −0.046%

Together, before fees−0.279%−$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: OKX is 0.185% dearer against ApeX Omni than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.046%.

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	54m 58s	$14K	$614K	50x
Short	OKX GRAM-USDT-SWAP	1.4380	0.0100	get 0.0050% / 4h	3h 54m	$8.6M	$8.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.139%Rate

Funding earned: $0
Price spread: +0.139% → −0.046%: $18.49
Slippage, 4 orders: −$55.64
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$57.15
Costs to cover: 0.756%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 63 min ago; OKX: live order book, 3 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, 63 min ago	13.85 bp	22.3 bp −$22	110.1 bp −$1,101	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	3.48 bp	13.4 bp −$13	31.4 bp −$314	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
Paradex GRAM-USD-PERP	+0.0098%	8h	1.4366	+0.045%	$2K	$19	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4381	+0.144%	$20.3M	$28.8M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4375	+0.104%	$30.4M	$14.2M	50x	as long as short
OKX GRAM-USDT-SWAPshort	+0.0100%	4h	1.4380	+0.139%	$8.6M	$8.8M	50x
Gate GRAM_USDT	+0.0100%	4h	1.4377	+0.118%	$3.6M	$3.4M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4370	+0.070%	$16.1M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4378	+0.125%	$8.9M	$10.4M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4378	+0.125%	$7.1M	$4.2M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4367	+0.049%	$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	1.4360	long leg	$14K	$614K	50x
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4380	+0.139%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4387	+0.188%	$7K	$612K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4392	+0.223%	$326K	$677K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4370	+0.070%	$1.5M	$1.8M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4376	+0.111%	$168K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0104%	4h	1.4402	+0.293%	$965K	$127K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4380	+0.139%	$1.4M	$232K	50x	as long as short
Lighter GRAM	+0.0360%	1h	1.4389	+0.200%	$2.3M	$2.9M	20x	as long as short
Backpack GRAM_USDC_PERP	+0.0393%	1h	1.4382	+0.153%	$53K	$16K	10x	as long as short
Hyperliquid GRAM	+0.0547%	1h	1.4392	+0.223%	$35.3M	$7.4M	5x	as long as short