Settings8H · net · $10k
Funding arb · Price arb /

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against ApeX Omni0.000%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1921.920% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.183%+$18 · spread now 0.000%, 7d avg +0.005%
Together, before fees+0.183%+$18 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni GRAMUSDT1.45000.0100pay 0.0013% / 1h27m 34s$13K$588K50x
ShortPhemex GRAMUSDT1.45000.0100get 0.0050% / 4h2h 27m$1.6M$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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

Funding earned
$0
Price spread: 0.000% → +0.005%
−$0.47
Slippage, 4 orders
−$169.98
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$192.46
Costs to cover
1.920%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 60 min ago; Phemex: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 60 min ago13.69 bp21.8 bp −$22114.1 bp −$1,141doesn't fitdoesn't fit
Sell Phemex live order book, 1 min ago13.79 bp77.2 bp −$77doesn't fitdoesn't fitdoesn't fit

GRAM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex GRAM-USD-PERP+0.0097%8h1.4496−0.031%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4516+0.110%$35.8M$6.9M5xas long as short
Binance GRAMUSDT+0.0100%4h1.45000.000%$20.6M$26.5M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4502+0.014%$30.6M$13.9M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.45000.000%$8.7M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4499−0.007%$3.7M$3.3M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4490−0.069%$15.4M$2.8M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4494−0.041%$8.6M$11.0M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4499−0.007%$7.2M$3.9M50xas long as short
Backpack GRAM_USDC_PERP+0.0100%1h1.4508+0.055%$45K$13K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX GRAMUSDC+0.0100%4h1.4504+0.030%$17K$271K10xas long as short
ApeX Omni GRAMUSDTlong+0.0100%1h1.4500long leg$13K$588K50x
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4490−0.069%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4506+0.041%$6K$588K10xas long as short
Phemex GRAMUSDTshort+0.0100%4h1.45000.000%$1.6M$1.7M20x
Extended GRAM-USD+0.0104%1h1.4498−0.012%$149K$103K5xas long as short
Injective GRAM/USDC PERP+0.0132%1h1.4490−0.069%$4K$143K12xas long as short
Aster GRAMUSDT+0.0247%4h1.4510+0.069%$965K$101K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4470−0.207%$1.4M$210K50xas long as short
Lighter GRAM+0.0840%1h1.4531+0.214%$2.7M$2.5M20xas long as short
HTX GRAM-USDT+0.1314%4h1.4538+0.262%$337K$628K30xas long as short