Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

GRAM

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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
ApeX OmniGRAMUSDT
1.4910+0.0100pay 0.0013% / 1h48m 04s$11K$445K50xLong ApeX Omni5% off
SHORT
PopdexGRAMUSDT
1.4900+0.0096get 0.0012% / 1h48m 04s$105K$428K50xShort Popdex
Price gap−0.067%57s
Funding gap−0.0004% /8h

Funding is ≈ 0 and the gap is 0.098% under its 7d average: the price leg works against you, −$10 on $10k if it goes back.

The two prices were read 57 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$1−0.0004% /8h now · paid −0.009% over the last 6 days (all we have)
Price—spread −0.067%57s now · prices read too far apart to compare
Costs−$820.820% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Popdex price against ApeX Omninow
RANGE STATS · 7D
Now−0.067%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

GRAM on 22 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size22.1 / 19.9 bp
    At $10k entering ApeX Omni costs 22.1 bp, fee and slippage, 1.1× Popdex’s.
  • Note: Margin at max leverage$200 + $200
    ApeX Omni 50x, Popdex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$0.12Long ApeX Omni: 24 payments, −$3.00; short Popdex: 24 payments, +$2.88.
  • Watch: Prices read 57 s apart−0.067% vs +0.031%
    Part of this gap may be the market moving.
  • Watch: Long leg is thinner$11K vs $105K OI
    ApeX Omni sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • OK: No KYC on either legApeX Omni No · Popdex No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0005%/8h × 21 periods−$0.99
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$65.63
Fee ApeX Omni bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$83.02
price spread not counted: prices read too far apart
Costs to cover0.820%Break-evennever at this rate
Slippage: ApeX Omni: live order book, 19 min ago; Popdex: live order book, 20 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGApeX Omni13.4122.1 bp−$22120.4 bp−$1,204doesn’t fitdoesn’t fit
SELL · SHORTPopdex3.3619.9 bp−$20126.3 bp−$1,263doesn’t fitdoesn’t fit

Closing costs about the same again.

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