Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Bitget+0.103%7-day average +0.131% · you sell dearer than you buy

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$145as in the Price arb table

costs, in and out, $10k−$1421.418% of the position

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 3 days (all we have)+0.328%+$33 · spread now +0.103%, 7d avg +0.131%

Together, before fees+0.338%+$34 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 0.028% 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 +0.131%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GRAMUSDT	1.4511	0.0100	pay 0.0050% / 4h	2h 55m	$7.2M	$3.8M	50x
Short	SunX GRAM-USDT	1.4526	0.0100	get 0.0050% / 4h	2h 55m	$7K	$572K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.103%Rate

Funding earned: $0
Price spread: +0.103% → +0.131%: −$2.77
Slippage, 4 orders: −$121.77
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$144.54
Costs to cover: 1.418%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; SunX: live order book, 25 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, 2 min ago	1.72 bp	13.1 bp −$13	24.5 bp −$245	doesn't fit	doesn't fit
Sell SunX live order book, 25 min ago	32.54 bp	66.7 bp −$67	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
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4506	−0.035%	$2K	$30	5x	as long as short
Hyperliquid GRAM	+0.0100%	1h	1.4514	+0.021%	$35.8M	$6.7M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4510	−0.007%	$20.9M	$26.0M	50x	as long as short
Bybit GRAMUSDT	+0.0100%	4h	1.4510	−0.007%	$30.6M	$14.0M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4500	−0.076%	$8.6M	$8.4M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4516	+0.034%	$3.7M	$3.2M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4510	−0.007%	$15.3M	$2.8M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4504	−0.048%	$8.9M	$10.8M	50x	as long as short
Bitget GRAMUSDTlong	+0.0100%	4h	1.4511	long leg	$7.2M	$3.8M	50x
Backpack GRAM_USDC_PERP	+0.0100%	1h	1.4513	+0.014%	$44K	$12K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX GRAMUSDC	+0.0100%	4h	1.4558	+0.324%	$17K	$269K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4550	+0.269%	$14K	$585K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4510	−0.007%	$2K	$1K	10x	as long as short
SunX GRAM-USDTshort	+0.0100%	4h	1.4526	+0.103%	$7K	$572K	10x
Phemex GRAMUSDT	+0.0100%	4h	1.4510	−0.007%	$1.6M	$1.7M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4499	−0.083%	$150K	$103K	5x	as long as short
Injective GRAM/USDC PERP	+0.0132%	1h	1.4540	+0.200%	$4K	$121K	12x	as long as short
Aster GRAMUSDT	+0.0213%	4h	1.4513	+0.016%	$965K	$99K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4520	+0.062%	$1.4M	$209K	50x	as long as short
Lighter GRAM	+0.0712%	1h	1.4538	+0.184%	$2.7M	$2.5M	20x	as long as short
HTX GRAM-USDT	+0.1355%	4h	1.4574	+0.434%	$338K	$639K	30x	as long as short