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: SunX against Binance−0.036%46s7-day average +0.136% · you buy dearer than you sell

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1461.459% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 4 days (all we have)+0.400%+$40 · spread now −0.036%, 7d avg +0.136%

Together, before fees+0.467%+$47 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: SunX is 0.171% cheaper against Binance than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.136%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRAMUSDT	1.4362	0.0100	pay 0.0050% / 4h	0m 33s	$20.3M	$28.8M	50x
Short	SunX GRAM-USDT	1.4357	0.0100	get 0.0050% / 4h	0m 33s	$6K	$612K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.036%Rate

Funding earned: $0
Price spread: −0.036% → +0.136%: −$17.13
Slippage, 4 orders: −$127.89
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$163.02
Costs to cover: 1.459%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; SunX: live order book, 21 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, 11 min ago	3.47 bp	8.5 bp −$8	26.9 bp −$269	380.9 bp −$38.1K	doesn't fit
Sell SunX live order book, 21 min ago	15.98 bp	55.8 bp −$56	doesn't fit	doesn't fit	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	+0.891%	$4K	$143K	12x	as long as short
Lighter GRAM	+0.0096%	1h	1.4380	+0.123%	$2.3M	$2.9M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0098%	8h	1.4365	+0.017%	$2K	$19	5x	as long as short
Hyperliquid GRAM	+0.0100%	1h	1.4379	+0.118%	$35.3M	$7.3M	5x	as long as short
Binance GRAMUSDTlong	+0.0100%	4h	1.4362	long leg	$20.3M	$28.8M	50x
Bybit GRAMUSDT	+0.0100%	4h	1.4370	+0.055%	$30.3M	$14.2M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4360	−0.015%	$8.6M	$8.7M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4366	+0.027%	$3.6M	$3.6M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4360	−0.015%	$15.7M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4372	+0.069%	$8.9M	$10.4M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GRAMUSDT	+0.0100%	4h	1.4369	+0.048%	$7.1M	$4.2M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4348	−0.099%	$17K	$275K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4350	−0.084%	$14K	$615K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4350	−0.084%	$2K	$1K	10x	as long as short
SunX GRAM-USDTshort	+0.0100%	4h	1.4357	−0.036%	$6K	$612K	10x
HTX GRAM-USDT	+0.0100%	4h	1.4378	+0.111%	$326K	$677K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4360	−0.015%	$1.5M	$1.8M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4359	−0.018%	$168K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0107%	4h	1.4387	+0.171%	$964K	$127K	50x	as long as short
Backpack GRAM_USDC_PERP	+0.0266%	1h	1.4382	+0.139%	$53K	$16K	10x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4350	−0.084%	$1.4M	$231K	50x	as long as short