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

GRAM

all GRAM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: ApeX Omni against edgeX+0.060%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$900.904% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.075%+$7 on $10k
Price spread, last 3 days (all we have)+0.016%+$2 · spread now +0.060%, 7d avg +0.026%
Together, before fees+0.091%+ Points / potential airdropedgeX: Active · farm board+$9 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: ApeX Omni is 0.034% dearer against edgeX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX GRAMUSDC1.44410.0100pay 0.0050% / 4h1h 10m$17K$270K10x
ShortApeX Omni GRAMUSDT1.44500.0100get 0.0013% / 1h10m 45s$13K$591K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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
Price spread: +0.060% → +0.026%
$3.44
Slippage, 4 orders
−$71.43
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$86.99
Costs to cover
0.904%
Break-even
never at this rate
Slippage from edgeX: live order book, 7 min ago; ApeX Omni: live order book, 7 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 edgeX live order book, 7 min ago17.30 bp21.8 bp −$2242.2 bp −$422doesn't fitdoesn't fit
Sell ApeX Omni live order book, 7 min ago13.84 bp23.8 bp −$24133.9 bp −$1,339doesn'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−0.0387%1h1.4490+0.337%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0099%8h1.4454+0.091%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4468+0.185%$35.6M$7.0M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4460+0.129%$20.4M$26.8M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4460+0.129%$30.6M$14.0M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4440−0.009%$8.6M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4459+0.122%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4450+0.060%$15.4M$2.8M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4455+0.095%$9.0M$11.0M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4451+0.067%$7.1M$3.8M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4462+0.143%$43K$15K10xas long as short
edgeX GRAMUSDClong+0.0100%4h1.4441long leg$17K$270K10x
ApeX Omni GRAMUSDTshort+0.0100%1h1.4450+0.060%$13K$591K50x
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4460+0.129%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4477+0.247%$7K$595K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4460+0.129%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4457+0.109%$169K$123K5xas long as short
Aster GRAMUSDT+0.0161%4h1.4478+0.252%$964K$99K50xas long as short
BloFin GRAM-USDT+0.0340%4h1.4450+0.060%$1.4M$215K50xas long as short
HTX GRAM-USDT+0.0372%4h1.4488+0.323%$335K$628K30xas long as short
Lighter GRAM+0.0544%1h1.4482+0.282%$2.7M$2.3M20xas long as short