Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

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: Gate against Bybit+0.111%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$610.612% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 7 days−0.175%−$18 · spread now +0.111%, 7d avg +0.016%

Together, before fees−0.193%−$19 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: Gate is 0.094% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GRAMUSDT	1.4464	0.0100	pay 0.0050% / 4h	31m 22s	$30.5M	$14.1M	50x
Short	Gate GRAM_USDT	1.4480	0.0100	get 0.0050% / 4h	31m 22s	$3.6M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersPrice spread, now +0.111%Rate

Funding earned: $0
Price spread: +0.111% → +0.016%: $9.42
Slippage, 4 orders: −$35.24
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$51.83
Costs to cover: 0.612%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 2 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 Bybit live order book, 2 min ago	3.47 bp	18.8 bp −$19	47.2 bp −$472	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	4.15 bp	14.0 bp −$14	49.2 bp −$492	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
Injective GRAM/USDC PERP	+0.0033%	1h	1.4490	+0.180%	$4K	$143K	12x	as long as short
Paradex GRAM-USD-PERP	+0.0096%	8h	1.4468	+0.028%	$2K	$19	5x	as long as short
Lighter GRAM	+0.0096%	1h	1.4476	+0.086%	$2.3M	$2.9M	20x	as long as short
Hyperliquid GRAM	+0.0100%	1h	1.4487	+0.159%	$35.6M	$7.3M	5x	as long as short
Binance GRAMUSDT	+0.0100%	4h	1.4475	+0.076%	$20.5M	$28.6M	50x	as long as short
Bybit GRAMUSDTlong	+0.0100%	4h	1.4464	long leg	$30.5M	$14.1M	50x
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4460	−0.028%	$8.7M	$8.7M	50x	as long as short
Gate GRAM_USDTshort	+0.0100%	4h	1.4480	+0.111%	$3.6M	$3.5M	75x
MEXC GRAM_USDT	+0.0100%	4h	1.4480	+0.111%	$15.5M	$2.6M	20x	as long as short
KuCoin GRAMUSDTM	+0.0100%	4h	1.4477	+0.090%	$8.9M	$10.5M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GRAMUSDT	+0.0100%	4h	1.4481	+0.118%	$7.2M	$4.2M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4398	−0.454%	$17K	$274K	10x	as long as short
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4440	−0.166%	$14K	$614K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4470	+0.041%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4467	+0.021%	$7K	$606K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4418	−0.318%	$329K	$639K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4460	−0.028%	$1.5M	$1.8M	20x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4468	+0.028%	$168K	$123K	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0179%	1h	1.4469	+0.035%	$53K	$16K	10x	as long as short
Aster GRAMUSDT	+0.0208%	4h	1.4494	+0.208%	$971K	$126K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4410	−0.373%	$1.4M	$229K	50x	as long as short