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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.076%
Price spread now: Extended against BloFin−0.080%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$650.654% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.479%−$48 on $10k
Price spread, last 3 days (all we have)−0.238%−$24 · spread now −0.080%, 7d avg −0.015%
Together, before fees−0.717%+ Points / potential airdropExtended: Active · farm board−$72 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Extended is 0.065% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GRAM-USDT1.45100.0340pay 0.0170% / 4h2h 32m$1.4M$210K50x
ShortExtended GRAM-USD1.44980.0104get 0.0013% / 1h32m 21s$150K$103K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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
−$49.56
Price spread: −0.080% → −0.015%
−$6.5
Slippage, 4 orders
−$48.45
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$121.51
Costs to cover
0.654%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Extended: live order book, 53 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 BloFin live order book, 5 min ago6.87 bp15.9 bp −$1621.0 bp −$210237.7 bp −$23.8Kdoesn't fit
Sell Extended live order book, 53 min ago5.82 bp17.0 bp −$1776.6 bp −$766doesn'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
Paradex GRAM-USD-PERP+0.0098%8h1.4498−0.085%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4527+0.117%$35.8M$6.9M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4486−0.164%$20.7M$26.1M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4490−0.138%$30.6M$13.9M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4490−0.138%$8.6M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4514+0.028%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4500−0.069%$15.4M$2.8M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4502−0.055%$8.6M$11.0M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4509−0.007%$7.2M$3.8M50xas long as short
Backpack GRAM_USDC_PERP+0.0100%1h1.4515+0.034%$44K$12K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX GRAMUSDC+0.0100%4h1.4555+0.310%$17K$270K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4560+0.345%$14K$588K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.45100.000%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4516+0.041%$7K$574K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.45100.000%$1.6M$1.7M20xas long as short
Extended GRAM-USDshort+0.0104%1h1.4498−0.080%$150K$103K5x
Injective GRAM/USDC PERP+0.0132%1h1.4500−0.069%$4K$132K12xas long as short
Aster GRAMUSDT+0.0260%4h1.4524+0.098%$966K$101K50xas long as short
BloFin GRAM-USDTlong+0.0340%4h1.4510long leg$1.4M$210K50x
Lighter GRAM+0.0864%1h1.4542+0.221%$2.7M$2.5M20xas long as short
HTX GRAM-USDT+0.1429%4h1.4623+0.779%$338K$628K30xas long as short