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+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Extended against edgeX−0.095%53s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$800.796% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 3 days (all we have)+0.102%+$10 · spread now −0.095%, 7d avg +0.011%
Together, before fees+0.097%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$10 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: Extended is 0.105% cheaper against edgeX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.011%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX GRAMUSDC1.45130.0100pay 0.0050% / 4h28m 27s$17K$272K10x
ShortExtended GRAM-USD1.44990.0104get 0.0013% / 1h28m 27s$169K$123K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.095% → +0.011%
−$10.53
Slippage, 4 orders
−$65.58
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$89.27
Costs to cover
0.796%
Break-even
750.9 days
Slippage from edgeX: live order book, 49 min ago; Extended: live order book, 48 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, 49 min ago17.30 bp21.8 bp −$2242.2 bp −$422doesn't fitdoesn't fit
Sell Extended live order book, 48 min ago5.54 bp17.5 bp −$1876.5 bp −$765doesn'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+0.0033%1h1.4490−0.157%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4499−0.098%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4515+0.015%$35.7M$7.0M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4500−0.088%$20.5M$26.9M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4490−0.157%$30.7M$14.0M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4480−0.226%$8.6M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4501−0.081%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4500−0.088%$15.4M$2.7M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4499−0.095%$8.9M$10.9M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4505−0.054%$7.1M$3.9M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4509−0.026%$44K$15K10xas long as short
edgeX GRAMUSDClong+0.0100%4h1.4513long leg$17K$272K10x
ApeX Omni GRAMUSDT+0.0100%1h1.4520+0.050%$14K$594K50xas long as short
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4490−0.157%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4517+0.029%$6K$591K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4500−0.088%$1.6M$1.7M20xas long as short
Extended GRAM-USDshort+0.0104%1h1.4499−0.095%$169K$123K5x
Aster GRAMUSDT+0.0153%4h1.4524+0.079%$967K$104K50xas long as short
HTX GRAM-USDT+0.0282%4h1.4554+0.284%$336K$628K30xas long as short
BloFin GRAM-USDT+0.0340%4h1.4490−0.157%$1.4M$215K50xas long as short
Lighter GRAM+0.0848%1h1.4532+0.132%$2.8M$2.3M20xas long as short