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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0063%/8h= −6.9% APRpaid last 24h −0.004%
Price spread now: Extended against Aster−0.258%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$690.693% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.037%−$4 on $10k
Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.258%, 7d avg −0.101%
Together, before fees+0.054%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.157% cheaper against Aster than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.101%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster GRAMUSDT1.44920.0167pay 0.0083% / 4h11m 35s$969K$111K50x
ShortExtended GRAM-USD1.44540.0104get 0.0013% / 1h11m 35s$169K$123K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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
−$13.22
Price spread: −0.258% → −0.101%
−$15.7
Slippage, 4 orders
−$56.32
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$98.25
Costs to cover
0.693%
Break-even
never at this rate
Slippage from Aster: live order book, 1 min ago; Extended: live order book, 64 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 Aster live order book, 1 min ago6.90 bp16.9 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 64 min ago5.54 bp17.5 bp −$1876.5 bp −$765doesn'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
Injective GRAM/USDC PERP+0.0033%1h1.4490−0.012%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4448−0.302%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4465−0.181%$35.6M$7.0M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4456−0.248%$20.4M$27.0M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4450−0.288%$30.6M$13.9M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4440−0.357%$8.6M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4456−0.246%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4460−0.219%$15.4M$2.7M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4456−0.246%$8.9M$10.9M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4457−0.239%$7.2M$4.0M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4466−0.177%$43K$15K10xas long as short
edgeX GRAMUSDC+0.0100%4h1.4447−0.306%$17K$271K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4450−0.288%$14K$602K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4460−0.219%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4477−0.101%$7K$591K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4460−0.219%$1.6M$1.7M20xas long as short
Extended GRAM-USDshort+0.0104%1h1.4454−0.258%$169K$123K5x
Aster GRAMUSDTlong+0.0167%4h1.4492long leg$969K$111K50x
HTX GRAM-USDT+0.0272%4h1.4484−0.053%$335K$620K30xas long as short
BloFin GRAM-USDT+0.0340%4h1.4440−0.357%$1.4M$204K50xas long as short
Lighter GRAM+0.0880%1h1.4486−0.041%$2.7M$2.3M20xas long as short