Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance−0.092%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$350.349% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.117%+$12 · spread now −0.092%, 7d avg −0.011%

Together, before fees+0.117%+$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: MEXC is 0.081% 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 −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRAMUSDT	1.4343	0.0100	pay 0.0050% / 4h	2h 22m	$20.2M	$27.5M	50x
Short	MEXC GRAM_USDT	1.4330	0.0100	get 0.0050% / 4h	2h 22m	$16.2M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.092%Rate

Funding earned: $0
Price spread: −0.092% → −0.011%: −$8.06
Slippage, 4 orders: −$20.9
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$42.95
Costs to cover: 0.349%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; MEXC: live order book, 1 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, 3 min ago	3.49 bp	15.4 bp −$15	32.1 bp −$321	434.1 bp −$43.4K	doesn't fit
Sell MEXC live order book, 1 min ago	3.49 bp	5.5 bp −$5	11.9 bp −$119	76.5 bp −$7,646	297.8 bp −$148.9K

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	+1.024%	$4K	$143K	12x	as long as short
Lighter GRAM	+0.0096%	1h	1.4345	+0.014%	$2.3M	$2.9M	20x	as long as short
Binance GRAMUSDTlong	+0.0100%	4h	1.4343	long leg	$20.2M	$27.5M	50x
Bybit GRAMUSDT	+0.0100%	4h	1.4329	−0.099%	$30.4M	$13.7M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4330	−0.092%	$8.5M	$8.1M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4329	−0.099%	$3.5M	$3.5M	75x	as long as short
MEXC GRAM_USDTshort	+0.0100%	4h	1.4330	−0.092%	$16.2M	$2.6M	20x
KuCoin GRAMUSDTM	+0.0100%	4h	1.4334	−0.064%	$9.0M	$10.2M	50x	as long as short
Bitget GRAMUSDT	+0.0100%	4h	1.4338	−0.036%	$7.0M	$4.0M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4309	−0.237%	$17K	$274K	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	1.4310	−0.231%	$14K	$616K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4340	−0.022%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4347	+0.027%	$6K	$561K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4376	+0.229%	$330K	$584K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4330	−0.092%	$1.5M	$1.8M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4332	−0.077%	$2K	$31	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4326	−0.119%	$168K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0219%	4h	1.4372	+0.199%	$964K	$119K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4330	−0.092%	$1.4M	$237K	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0368%	1h	1.4341	−0.015%	$53K	$16K	10x	as long as short
Hyperliquid GRAM	+0.0391%	1h	1.4350	+0.048%	$35.3M	$7.6M	5x	as long as short