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: Binance against Bitget−0.041%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$550.554% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 7 days−0.026%−$3 · spread now −0.041%, 7d avg −0.007%

Together, before fees−0.083%−$8 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: Binance is 0.034% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GRAMUSDT	1.4536	0.0100	pay 0.0050% / 4h	2h 33m	$7.3M	$4.1M	50x
Short	Binance GRAMUSDT	1.4530	0.0100	get 0.0050% / 4h	2h 33m	$20.6M	$27.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.041%Rate

Funding earned: $0
Price spread: −0.041% → −0.007%: −$3.44
Slippage, 4 orders: −$33.44
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$58.87
Costs to cover: 0.554%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 8 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 Bitget live order book, 5 min ago	4.83 bp	17.3 bp −$17	42.9 bp −$429	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	3.43 bp	10.9 bp −$11	32.9 bp −$329	290.4 bp −$29.0K	doesn't fit

GRAM on 20 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	−0.316%	$4K	$143K	12x	as long as short
Binance GRAMUSDTshort	+0.0100%	4h	1.4530	−0.041%	$20.6M	$27.8M	50x
Bybit GRAMUSDT	+0.0100%	4h	1.4525	−0.076%	$30.9M	$14.0M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4530	−0.041%	$8.7M	$8.7M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4540	+0.028%	$3.7M	$3.3M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4530	−0.041%	$15.6M	$2.7M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4537	+0.007%	$8.9M	$10.7M	50x	as long as short
Bitget GRAMUSDTlong	+0.0100%	4h	1.4536	long leg	$7.3M	$4.1M	50x
edgeX GRAMUSDC	+0.0100%	4h	1.4529	−0.048%	$17K	$273K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4510	−0.179%	$14K	$606K	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4540	+0.028%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4557	+0.144%	$7K	$596K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4589	+0.365%	$340K	$621K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4540	+0.028%	$1.5M	$1.8M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4528	−0.058%	$2K	$19	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4531	−0.033%	$169K	$123K	5x	as long as short
Hyperliquid GRAM	+0.0233%	1h	1.4552	+0.110%	$35.9M	$7.4M	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0345%	1h	1.4555	+0.131%	$54K	$20K	10x	as long as short
Aster GRAMUSDT	+0.0485%	4h	1.4540	+0.028%	$974K	$126K	50x	as long as short
Lighter GRAM	+0.0688%	1h	1.4560	+0.162%	$2.6M	$2.4M	20x	as long as short