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

GRAM

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: Gate against Backpack−0.021%7-day average · you buy dearer than you sell
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+0.004%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.021% cheaper against Backpack than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack GRAM_USDC_PERP1.44550.0100pay 0.0013% / 1h57m 40s$53K$16K10x
ShortGate GRAM_USDT1.44520.0100get 0.0050% / 4h57m 40s$3.6M$3.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: −0.021% → 0.000%
−$2.08
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$27.08
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Backpack: no order-book sample; Gate: live order book, 5 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 Gate live order book, 5 min ago5.88 bp16.6 bp −$1763.8 bp −$638doesn'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+0.242%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4432−0.158%$2K$195xas long as short
Hyperliquid GRAM+0.0100%1h1.4451−0.028%$35.6M$7.3M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4440−0.104%$20.6M$28.2M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4430−0.173%$30.5M$13.9M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4440−0.104%$8.7M$8.6M50xas long as short
Gate GRAM_USDTshort+0.0100%4h1.4452−0.021%$3.6M$3.3M75x
MEXC GRAM_USDT+0.0100%4h1.4440−0.104%$15.2M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4449−0.042%$8.8M$10.4M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4442−0.090%$7.2M$4.1M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERPlong+0.0100%1h1.4455long leg$53K$16K10x
edgeX GRAMUSDC+0.0100%4h1.4433−0.150%$17K$274K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4440−0.104%$14K$608K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4460+0.035%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4488+0.228%$7K$598K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4508+0.367%$338K$621K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4460+0.035%$1.5M$1.8M20xas long as short
Extended GRAM-USD+0.0104%1h1.4437−0.127%$169K$123K5xas long as short
Aster GRAMUSDT+0.0295%4h1.4470+0.104%$970K$126K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4450−0.035%$1.4M$207K50xas long as short
Lighter GRAM+0.0472%1h1.4465+0.066%$2.6M$2.4M20xas long as short