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% APRnext payment $0.00 per $10,000 · paid last 24h +0.004%
Price spread now: ApeX Omni against Extended−0.026%52s7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$830.828% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.081%+$8 on $10k
Price spread, last 3 days (all we have)+0.047%+$5 · spread now −0.026%, 7d avg +0.016%
Together, before fees+0.128%+ Points / potential airdropExtended: Active · farm board+$13 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 0.042% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.016%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GRAM-USD1.45040.0104pay 0.0013% / 1h54m 34s$169K$123K5x
ShortApeX Omni GRAMUSDT1.45000.0100get 0.0013% / 1h54m 34s$13K$590K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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: −0.026% → +0.016%
−$4.23
Slippage, 4 orders
−$67.83
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$87.9
Costs to cover
0.828%
Break-even
never at this rate
Slippage from Extended: live order book, 21 min ago; ApeX Omni: live order book, 23 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 Extended live order book, 21 min ago5.54 bp18.5 bp −$1885.0 bp −$850doesn't fitdoesn't fit
Sell ApeX Omni live order book, 23 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+0.0033%1h1.4490−0.095%$4K$143K12xas long as short
Paradex GRAM-USD-PERP+0.0100%8h1.4502−0.011%$2K$305xas long as short
Hyperliquid GRAM+0.0100%1h1.4517+0.091%$35.7M$7.0M5xas long as short
Binance GRAMUSDT+0.0100%4h1.4503−0.008%$20.5M$26.9M50xas long as short
Bybit GRAMUSDT+0.0100%4h1.4502−0.012%$30.7M$13.9M50xas long as short
OKX GRAM-USDT-SWAP+0.0100%4h1.4490−0.095%$8.6M$8.5M50xas long as short
Gate GRAM_USDT+0.0100%4h1.4505+0.009%$3.7M$3.2M75xas long as short
MEXC GRAM_USDT+0.0100%4h1.4500−0.026%$15.4M$2.7M20xas long as short
KuCoin GRAMUSDTM+0.0100%4h1.4505+0.009%$9.0M$10.9M50xas long as short
Bitget GRAMUSDT+0.0100%4h1.4504+0.002%$7.1M$3.9M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack GRAM_USDC_PERP+0.0100%1h1.4511+0.050%$44K$15K10xas long as short
edgeX GRAMUSDC+0.0100%4h1.4486−0.121%$17K$270K10xas long as short
ApeX Omni GRAMUSDTshort+0.0100%1h1.4500−0.026%$13K$590K50x
Orderly PERP_GRAM_USDC_mythos+0.0100%4h1.4500−0.026%$2K$1K10xas long as short
SunX GRAM-USDT+0.0100%4h1.4527+0.160%$7K$596K10xas long as short
Phemex GRAMUSDT+0.0100%4h1.4500−0.026%$1.6M$1.7M20xas long as short
Extended GRAM-USDlong+0.0104%1h1.4504long leg$169K$123K5x
Aster GRAMUSDT+0.0148%4h1.4510+0.043%$966K$99K50xas long as short
HTX GRAM-USDT+0.0312%4h1.4517+0.091%$336K$628K30xas long as short
BloFin GRAM-USDT+0.0340%4h1.4480−0.164%$1.4M$215K50xas long as short
Lighter GRAM+0.0672%1h1.4536+0.223%$2.7M$2.3M20xas long as short