Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: Bybit against Binance−0.082%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$490.485% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 7 days+0.156%+$16 · spread now −0.082%, 7d avg +0.003%

Together, before fees+0.116%+$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.085% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRAMUSDT	1.4544	0.0100	pay 0.0050% / 4h	3h 19m	$20.5M	$26.9M	50x
Short	Bybit GRAMUSDT	1.4532	0.0100	get 0.0050% / 4h	3h 19m	$30.8M	$13.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BybitbpOrdersPrice spread, now −0.082%Rate

Funding earned: $0
Price spread: −0.082% → +0.003%: −$8.49
Slippage, 4 orders: −$27.51
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$57
Costs to cover: 0.485%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 6 min ago	3.45 bp	11.1 bp −$11	24.7 bp −$247	237.5 bp −$23.8K	doesn't fit
Sell Bybit live order book, 4 min ago	3.44 bp	13.2 bp −$13	30.7 bp −$307	502.7 bp −$50.3K	doesn't fit

GRAM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GRAM/USDC PERP	+0.0033%	1h	1.4490	−0.370%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4511	−0.225%	$2K	$19	5x	as long as short
Binance GRAMUSDTlong	+0.0100%	4h	1.4544	long leg	$20.5M	$26.9M	50x
Bybit GRAMUSDTshort	+0.0100%	4h	1.4532	−0.082%	$30.8M	$13.6M	50x
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4520	−0.164%	$8.6M	$8.4M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4519	−0.171%	$3.7M	$3.2M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4530	−0.095%	$15.5M	$2.6M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4533	−0.075%	$8.9M	$10.8M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4541	−0.020%	$7.2M	$3.8M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4513	−0.213%	$17K	$272K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4500	−0.302%	$14K	$601K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4510	−0.233%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4527	−0.116%	$7K	$590K	10x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4510	−0.233%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4527	−0.118%	$169K	$123K	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0119%	1h	1.4526	−0.123%	$54K	$20K	10x	as long as short
Hyperliquid GRAM	+0.0136%	1h	1.4536	−0.054%	$35.8M	$6.9M	5x	as long as short
HTX GRAM-USDT	+0.0163%	4h	1.4549	+0.035%	$340K	$620K	30x	as long as short
Aster GRAMUSDT	+0.0303%	4h	1.4540	−0.027%	$979K	$110K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4510	−0.233%	$1.4M	$204K	50x	as long as short
Lighter GRAM	+0.0368%	1h	1.4538	−0.041%	$2.6M	$2.4M	20x	as long as short