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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0170%/8h= −18.6% APRnext payment $0.21 per $10,000 · paid last 24h −0.008%
Price spread now: ApeX Omni against Backpack+0.306%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.129%+$13 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. ApeX Omni is 0.306% dearer against Backpack than usual: you sell high and buy low (spread +0.306% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 6.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.129%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack GRAM_USDC_PERP1.43560.0270pay 0.0034% / 1h4m 14s$53K$16K10x
ShortApeX Omni GRAMUSDT1.44000.0100get 0.0013% / 1h4m 14s$14K$615K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Backpack. 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
−$35.65
Price spread: +0.306% → 0.000%
$30.65
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$25
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Backpack: no order-book sample; ApeX Omni: live order book, 54 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack no order-book sample
Sell ApeX Omni live order book, 54 min ago13.85 bp24.9 bp −$25129.4 bp −$1,294doesn't fitdoesn't fit
Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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+0.933%$4K$143K12xas long as short
Lighter GRAM+0.0096%1h1.4371+0.102%$2.3M$2.9M20xas long as short
Paradex GRAM-USD-PERP+0.0098%8h1.4334−0.150%$2K$195xas long as short
Hyperliquid GRAM+0.0100%1h1.4371+0.104%$35.3M$7.3M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4356+0.002%$20.3M$28.8M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4351−0.035%$30.3M$14.2M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4350−0.042%$8.6M$8.7M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4355−0.007%$3.6M$3.6M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4350−0.042%$15.4M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4348−0.056%$8.9M$10.4M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GRAMUSDT+0.0100%4h1.4359+0.021%$7.1M$4.2M50xas long as short
edgeX GRAMUSDC+0.0100%4h1.4384+0.194%$17K$274K10xas long as short
ApeX Omni GRAMUSDTshort+0.0100%1h1.4400+0.306%$14K$615K50x
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4360+0.028%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4377+0.146%$6K$612K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4378+0.153%$326K$677K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4350−0.042%$1.5M$1.8M20xas long as short
Extended GRAM-USD+0.0104%1h1.4352−0.031%$168K$123K5xas long as short
Aster GRAMUSDT+0.0114%4h1.4351−0.036%$962K$127K50xas long as short
Backpack GRAM_USDC_PERPlong+0.0270%1h1.4356long leg$53K$16K10x
BloFin GRAM-USDT+0.0340%4h1.4380+0.167%$1.4M$232K50xas long as short