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 Bybit+0.021%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$590.589% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.504%+$50 on $10k
Price spread, last 3 days (all we have)+0.297%+$30 · spread now +0.021%, 7d avg −0.016%
Together, before fees+0.801%+$80 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 0.037% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GRAMUSDT1.45070.0100pay 0.0050% / 4h2h 32m$30.6M$13.9M50x
ShortBloFin GRAM-USDT1.45100.0340get 0.0170% / 4h2h 32m$1.4M$210K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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: +0.021% → −0.016%
$3.66
Slippage, 4 orders
−$35.95
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$4.89
Costs to cover
0.589%
Break-even
7.7 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 5 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 Bybit live order book, 1 min ago3.44 bp14.3 bp −$1434.4 bp −$344707.4 bp −$70.7Kdoesn't fit
Sell BloFin live order book, 5 min ago6.87 bp15.3 bp −$1537.9 bp −$379172.4 bp −$17.2Kdoesn'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%8h1.4498−0.064%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4527+0.138%$35.8M$6.9M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4490−0.117%$20.8M$26.1M50xas long as short
Bybit GRAMUSDTlong+0.0100%4h1.4507long leg$30.6M$13.9M50x
OKX GRAM-USDT-SWAP+0.0100%4h1.4500−0.048%$8.6M$8.4M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4513+0.041%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4500−0.048%$15.4M$2.8M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4502−0.034%$8.6M$10.9M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4514+0.048%$7.2M$3.8M50xas long as short
Backpack GRAM_USDC_PERP+0.0100%1h1.4515+0.055%$44K$12K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX GRAMUSDC+0.0100%4h1.4555+0.330%$17K$270K10xas long as short
ApeX Omni GRAMUSDT+0.0100%1h1.4560+0.365%$14K$588K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4520+0.090%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4516+0.062%$7K$574K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4510+0.021%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4498−0.060%$150K$103K5xas long as short
Injective GRAM/USDC PERP+0.0132%1h1.4500−0.048%$4K$132K12xas long as short
Aster GRAMUSDT+0.0260%4h1.4525+0.126%$966K$101K50xas long as short
BloFin GRAM-USDTshort+0.0340%4h1.4510+0.021%$1.4M$210K50x
Lighter GRAM+0.0864%1h1.4542+0.242%$2.7M$2.5M20xas long as short
HTX GRAM-USDT+0.1429%4h1.4623+0.800%$338K$628K30xas long as short