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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.004%
Price spread now: Extended against Bitget+0.038%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$590.586% of the position
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)+0.031%+$3 · spread now +0.038%, 7d avg −0.035%
Together, before fees−0.036%+ Points / potential airdropExtended: Active · farm board−$4 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: Extended is 0.072% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GRAMUSDT1.43350.0100pay 0.0050% / 4h4m 55s$7.1M$4.2M50x
ShortExtended GRAM-USD1.43400.0104get 0.0013% / 1h4m 55s$168K$123K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.038% → −0.035%
$7.24
Slippage, 4 orders
−$41.62
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$50.53
Costs to cover
0.586%
Break-even
428.1 days
Slippage from Bitget: live order book, 3 min ago; Extended: live order book, 51 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 ago1.74 bp15.0 bp −$1532.6 bp −$326doesn't fitdoesn't fit
Sell Extended live order book, 51 min ago4.84 bp16.3 bp −$1693.5 bp −$935doesn't fitdoesn'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+1.081%$4K$143K12xas long as short
Lighter GRAM+0.0096%1h1.4360+0.174%$2.3M$2.9M20xas long as short
Paradex GRAM-USD-PERP+0.0098%8h1.4371+0.251%$2K$195xas long as short
Hyperliquid GRAM+0.0100%1h1.4355+0.140%$35.3M$7.3M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4344+0.066%$20.3M$28.8M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4339+0.028%$30.3M$14.2M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4340+0.035%$8.6M$8.7M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4345+0.070%$3.6M$3.6M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4340+0.035%$15.3M$2.6M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4339+0.028%$8.9M$10.4M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GRAMUSDTlong+0.0100%4h1.4335long leg$7.1M$4.2M50x
edgeX GRAMUSDC+0.0100%4h1.4384+0.340%$17K$274K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4400+0.453%$14K$615K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4360+0.174%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4397+0.433%$6K$612K10xas long as short
HTX GRAM-USDT+0.0100%4h1.4416+0.565%$326K$677K30xas long as short
Phemex GRAMUSDT+0.0100%4h1.4340+0.035%$1.5M$1.8M20xas long as short
Extended GRAM-USDshort+0.0104%1h1.4340+0.038%$168K$123K5x
Aster GRAMUSDT+0.0120%4h1.4365+0.211%$963K$127K50xas long as short
Backpack GRAM_USDC_PERP+0.0270%1h1.4356+0.146%$53K$16K10xas long as short
BloFin GRAM-USDT+0.0340%4h1.4380+0.314%$1.4M$232K50xas long as short