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

GRAM

all GRAM markets
SwapBacktest
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 0.000%
Price spread now: Bybit against Bitget−0.117%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$650.648% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.097%−$10 on $10k
Price spread, last 7 days+0.129%+$13 · spread now −0.117%, 7d avg −0.004%
Together, before fees+0.032%+$3 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 0.113% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GRAMUSDT1.44810.0100pay 0.0050% / 4h31m 39s$7.2M$4.2M50x
ShortBybit GRAMUSDT1.44640.0100get 0.0050% / 4h31m 39s$30.5M$14.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.117% → −0.004%
−$11.3
Slippage, 4 orders
−$41.81
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$76.12
Costs to cover
0.648%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: 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, 2 min ago2.77 bp14.4 bp −$1423.2 bp −$232doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.47 bp14.3 bp −$1434.1 bp −$341481.0 bp −$48.1Kdoesn'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
Injective GRAM/USDC PERP+0.0033%1h1.4490+0.062%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0096%8h1.4468−0.089%$2K$195xas long as short
Lighter GRAM+0.0096%1h1.4476−0.032%$2.3M$2.9M20xas long as short
Hyperliquid GRAM+0.0100%1h1.4486+0.035%$35.6M$7.3M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4475−0.039%$20.5M$28.6M50xas long as short
Bybit GRAMUSDTshort+0.0100%4h1.4464−0.117%$30.5M$14.1M50x
OKX GRAM-USDT-SWAP+0.0100%4h1.4470−0.076%$8.7M$8.7M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4477−0.028%$3.6M$3.5M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4470−0.076%$15.5M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4472−0.062%$8.9M$10.5M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GRAMUSDTlong+0.0100%4h1.4481long leg$7.2M$4.2M50x
edgeX GRAMUSDC+0.0100%4h1.4398−0.571%$17K$274K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4440−0.283%$14K$614K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4460−0.145%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4467−0.097%$7K$606K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4418−0.435%$329K$639K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4460−0.145%$1.5M$1.8M20xas long as short
Extended GRAM-USD+0.0104%1h1.4468−0.090%$168K$123K5xas long as short
Backpack GRAM_USDC_PERP+0.0179%1h1.4469−0.083%$53K$16K10xas long as short
Aster GRAMUSDT+0.0208%4h1.4491+0.068%$971K$126K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4410−0.490%$1.4M$229K50xas long as short