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

GRAM

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: SunX against Backpack+0.027%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 5 days (all we have)no history yet
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: SunX is 0.027% dearer against Backpack than usual: you sell high and buy low, +$3 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_PERP1.45620.0100pay 0.0013% / 1h14m 48s$46K$13K10x
ShortSunX GRAM-USDT1.45660.0100get 0.0050% / 4h2h 14m$7K$589K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.027% → 0.000%
$2.75
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$15.25
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Backpack: no order-book sample; SunX: live order book, 66 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 SunX live order book, 66 min ago32.54 bp66.7 bp −$67doesn't fitdoesn'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
Paradex GRAM-USD-PERP+0.0098%8h1.4545−0.114%$2K$305xas long as short
Binance GRAMUSDT+0.0100%4h1.4550−0.082%$20.6M$26.6M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4550−0.082%$30.8M$14.0M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4540−0.151%$8.7M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4547−0.103%$3.7M$3.3M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4550−0.082%$15.5M$2.8M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4544−0.124%$8.6M$11.0M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4543−0.130%$7.2M$3.9M50xas long as short
Backpack GRAM_USDC_PERPlong+0.0100%1h1.4562long leg$46K$13K10x
edgeX GRAMUSDC+0.0100%4h1.4545−0.119%$17K$271K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni GRAMUSDT+0.0100%1h1.4560−0.014%$14K$593K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4550−0.082%$2K$1K10xas long as short
SunX GRAM-USDTshort+0.0100%4h1.4566+0.027%$7K$589K10x
Phemex GRAMUSDT+0.0100%4h1.4550−0.082%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4541−0.142%$170K$123K5xas long as short
Injective GRAM/USDC PERP+0.0132%1h1.4490−0.494%$4K$143K12xas long as short
Hyperliquid GRAM+0.0143%1h1.4570+0.057%$35.9M$6.9M5xas long as short
Aster GRAMUSDT+0.0254%4h1.4567+0.032%$969K$102K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4530−0.220%$1.4M$210K50xas long as short
Lighter GRAM+0.0808%1h1.4579+0.115%$2.7M$2.5M20xas long as short
HTX GRAM-USDT+0.1066%4h1.4604+0.288%$338K$629K30xas long as short