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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Bitget+0.090%95s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$500.502% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.407%+$41 on $10k
Price spread, last 3 days (all we have)+0.385%+$39 · spread now +0.090%, 7d avg −0.021%
Together, before fees+0.792%+$79 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.111% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.021%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GRAMUSDT1.45070.0100pay 0.0050% / 4h2h 55m$7.2M$3.8M50x
ShortBloFin GRAM-USDT1.45200.0340get 0.0170% / 4h2h 55m$1.4M$209K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$50.4
Price spread: +0.090% → −0.021%
$11.06
Slippage, 4 orders
−$26.18
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$11.28
Costs to cover
0.502%
Break-even
5.4 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago1.72 bp13.1 bp −$1324.5 bp −$245doesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago3.44 bp9.4 bp −$912.8 bp −$128116.2 bp −$11.6Kdoesn't fit

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+0.0100%8h1.4506−0.008%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4525+0.124%$35.8M$6.7M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4520+0.090%$20.9M$25.7M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4520+0.090%$30.6M$14.0M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4520+0.090%$8.6M$8.4M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4516+0.062%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4510+0.021%$15.3M$2.8M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4514+0.048%$8.9M$10.8M50xas long as short
Bitget GRAMUSDTlong+0.0100%4h1.4507long leg$7.2M$3.8M50x
Backpack GRAM_USDC_PERP+0.0100%1h1.4513+0.041%$44K$12K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX GRAMUSDC+0.0100%4h1.4528+0.145%$17K$269K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4530+0.159%$13K$585K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4510+0.021%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4526+0.131%$7K$572K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4510+0.021%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4501−0.042%$150K$103K5xas long as short
Injective GRAM/USDC PERP+0.0132%1h1.4540+0.227%$4K$121K12xas long as short
Aster GRAMUSDT+0.0210%4h1.4513+0.045%$965K$99K50xas long as short
BloFin GRAM-USDTshort+0.0340%4h1.4520+0.090%$1.4M$209K50x
Lighter GRAM+0.0712%1h1.4549+0.287%$2.7M$2.5M20xas long as short
HTX GRAM-USDT+0.1355%4h1.4574+0.462%$338K$639K30xas long as short