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 +0.076%
Price spread now: BloFin against edgeX−0.154%101s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$860.861% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.472%+$47 on $10k
Price spread, last 3 days (all we have)+0.403%+$40 · spread now −0.154%, 7d avg +0.023%
Together, before fees+0.874%+ Points / potential airdropedgeX: Active · farm board+$87 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.177% cheaper against edgeX than usual: you would sell low and buy high (spread −0.154% now, against its 7-day average of +0.023%). If the spread goes back, that is −$18 on $10k: about 2.5 days of funding at the current rate (+$7 a day). The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX GRAMUSDC1.45020.0100pay 0.0050% / 4h53m 28s$17K$271K10x
ShortBloFin GRAM-USDT1.44800.0340get 0.0170% / 4h53m 28s$1.4M$215K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$50.4
Price spread: −0.154% → +0.023%
−$17.75
Slippage, 4 orders
−$65.1
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$53.45
Costs to cover
0.861%
Break-even
14.4 days
Slippage from edgeX: live order book, 24 min ago; BloFin: live order book, 4 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, 24 min ago17.30 bp21.8 bp −$2242.2 bp −$422doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago3.45 bp12.8 bp −$1322.5 bp −$225113.9 bp −$11.4Kdoesn'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+0.0033%1h1.4490−0.086%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.45020.000%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4524+0.149%$35.7M$7.0M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4510+0.054%$20.5M$26.8M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4508+0.039%$30.7M$13.9M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4500−0.017%$8.6M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4506+0.025%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4500−0.017%$15.4M$2.7M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4510+0.052%$9.0M$10.9M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4511+0.059%$7.1M$3.9M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4517+0.101%$44K$15K10xas long as short
edgeX GRAMUSDClong+0.0100%4h1.4502long leg$17K$271K10x
ApeX Omni GRAMUSDT+0.0100%1h1.4500−0.017%$13K$590K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4510+0.052%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4527+0.170%$7K$596K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4500−0.017%$1.6M$1.7M20xas long as short
Extended GRAM-USD+0.0104%1h1.4506+0.025%$169K$123K5xas long as short
Aster GRAMUSDT+0.0148%4h1.4510+0.052%$966K$99K50xas long as short
HTX GRAM-USDT+0.0308%4h1.4517+0.101%$336K$628K30xas long as short
BloFin GRAM-USDTshort+0.0340%4h1.4480−0.154%$1.4M$215K50x
Lighter GRAM+0.0728%1h1.4536+0.234%$2.7M$2.3M20xas long as short